Angel Investing¶
Best way to get into it is to get involved into a fund managed by someone else. According to angel list, there are 3 options:
Rolling funds
Mutual funds
Syndicates
Rolling funds are the most convenient. No deal selection. Consider Shaan Puri’s fund - the minimum contribution for a quarter is USD 6,250. Drawback is that you don’t get visibility to the deals. https://angel.co/v/back/shaans-all-access-fund
Mutual funds have higher contribution requirements. Same draw back - no deal selection. https://angel.co/v/back/angellist-access-fund
Syndicates give you deal selection. It is managed by a proven angel. - Jason Calacanis’s setup: https://www.thesyndicate.com/ - Angel list deal-by-deal investing: https://angel.co/invest/start
Not sure if you show up as an LP in any of the investments for the above options. Not sure about angel list deal-by-deal investing. My application is pending - will know in some time.