How to invest small chunks into syndicatesGil Penchina (Super Angel) - See more at: http://events.vator.tv/2015-splash-oakland/#speakers

1. Preliminary Information – not for Fundraising

2. Our team all started as angel investors
• Scouting for deals
• Sharing deals with friends
• Trying to add more value than just our money
• Working with young exciting entrepreneurs

3. I got lucky more than a few times

4. Then I learned about syndicates

5. How do syndicates work
• Single purpose LLC for each deal
• Syndicate lead invests and explains the deal
• Investors opt-in to each deal
• Investors Docusign
• AL pulls the cash via ACH (wire is optional)
• AL handles tax, compliance, legal
• 0/20 carry is the norm
• Syndicate leads only make money when investors
make money

6. We operate
• 3 of the top 5 syndicates
• Focused teams in
verticals including:
SAAS, IOT, Fin Tech,
Ad Tech, Ed Tech,
Marketplaces and more
• UK, CA and Israel funds
• Indiegogo Hardware
fund

7. Backers
• Get notified on
each deal
• Opt out if you
don’t like it

8. Get emails with all the hot deals

9. Diversify and get
100 deals with
one investment

10. Why back a syndicate?
• Backers get priority access to the hot deals
• Recent examples:
– Beepi, Series B led by Foundation
– Boost Media Series C led by Battery
– Blockstream seed, led by Reid Hoffman, Linkedin
Founder

11. The Syndicates creates massive resources
20 Fund Partners

12. Zach Coelius Michael Jones Rick Marini Kyle York Nathan Creswell
AdTech CEO Science, MySpace CEO Branchout CEO DYN CRO, CMO Zuora Product Exec
Big Data Company building Virality Sales Mgmt Billing, Product
Jeff Epstein Lou Kerner Renee Diresta Peter Pham Nancy Fechnay
Oracle, Doubleclick Goldman, Social Internet OATV Ventures Photobucket KPCB, Techstars
CFO Fundraising Bus Development BD, Fundraising Seed investing
Nick Sullivan Jeremy Conrad Michael TerpinJim Scheinman Helen Boniske
CTO, VP Eng Lemnos, AirForce Transform Group Tango, Bebo Lemnos
Scaling, Hiring Hardware EngineeringPR, Events Consumeer, Ad sales Hiring, Ops
Full Carry Partners – a wide range of skills

13. The Syndicates creates massive resources
20 Fund Partners
100 Volunteer Partners and Scouts

14. The Syndicates creates massive resources
20 Fund Partners
100 Volunteer Partners and Scouts
2,000 Engaged Backers

15. 2,000 backers – only 99 allowed in each deal
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17. Building a
• The goal for this year is to have 50+ Investing
Partners with experience in every functional area
• But the bigger opportunity is to turn 2,000+ LP’s
into a competitive advantage
• We’ve built a software platform to leverage their
connections and followers on
• Our Value-Add platform connects via API to
AngelList, creating a network on top of a network

18. Offer expertise
requested by
the lead or
startup
Example Features

19. Micro-Value-Add tasks from thousands of Backers

20. Leaderboard that lets you earn access to deal flow

21. Coming soon
@Angelmob.co

22. I’m hoping you will join our movement
• Join AngelList and do some investing
• Back our syndicates – get access to deals
• Join our scout program - get carry for bringing us
great deals
• If you have pro-rata rights you can’t afford to use
them, let us use them and share the carry with you
• Partner with us to launch a syndicate – we now have
a business helping you become a VC
• Or just start your own syndicate and join us on the
adventure as a fellow explorer in this new industry

23. Take Flight
Join us at: AngelMob.co
Start a dialog: gilpenchina@gmail.com