Feld Thoughts

JANUARY 6, 2014

This morning we announced that we have closed a financing in OnTheGo Platforms via our FG Angels syndicate. On October 1st, 2013 we announced that we’d be forming an AngelList syndicate called FG Angels and making 50 seed investments through AngelList by the end of 2014. would come from syndicate participants.

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Syndicate Syndication Government Finance 133

Hunter Walker

DECEMBER 18, 2014

Homebrew led their seed financing in 2013 and enthusiastically continued our participation in this latest round. That said, The Skimm does belong in a special subset: startups where we were the sole institutional lead in the seed financing.

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Syndication Syndicate Cofounder Finance 96

Feld Thoughts

AUGUST 1, 2018

For historical reference, our early-stage funds (FG 2007, FG 2010, FG 2013, and FG 2016) are all $225 million in size. Our first early growth fund raised in 2013, Foundry Group Select, is also $225m in size. We refer to B and C rounds as early growth – essentially financings with valuations between $50m and $300m pre-money.

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Syndication Syndicate IRR Canada 17

View from Seed

JANUARY 26, 2016

There are a number of factors that have contributed to the rise of pre-seed rounds, but the strongest have been the frothy late-stage financing market, coupled with both the scaling-up of some of the early winners in the institutional seed ecosystem and the scaling-down of some larger funds that retrenched after the financial crisis.

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Seed Stage Early Stage Cofounder Finance 120

Hunter Walker

JANUARY 11, 2015

Blake asked for a follow-up to my post on the two deals we lost in 2013. Bunch of new companies (currently 17 core investments) and five of our earlier startups raised additional financing. We believe in strong syndicates for seed stage companies – getting a good coalition of investors around the table matters.

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Syndication Syndicate Seed Stage Hosting 48

Tim Keane

APRIL 12, 2006

What’s your attitude about “next round” financing? If the investors ideal size is smaller than your need, you ought to ask about syndication. If they don’t like to syndicate, or don’t have a track record of doing it, you will want to consider your options. What’s your attitude about “next round” financing? April 2013.

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Entrepreneur Sweat Equity Valuation Common Stock 60

Professor VC

MARCH 12, 2015

It was a great product addressing a large market opportunity and was interested in seeing how the AngelList syndicate process worked. I don''t know the reasons for selling, but presumably Authy felt their prospects weren''t promising as a standalone entity and may have had difficulty raising further financing.

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Syndicate Syndication Silicon Valley Common Stock 28