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AngelList Braces for Rainy Days as Startup Seed Funding Falls

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Re: AngelList Braces for Rainy Days as Startup Seed Funding Falls

#7
post #5

Weird article. AngelList is raising money to make new investments and reports an unrealized 46% IRR, and that somehow makes for a gloomy story.

The real story is 46% unrealized returns on 2013 syndicate investments. Which is in the upper top quartile of VC.

And A-List, a premium recruiting product for busy companies. That complements our free recruiting product with 180K active candidates.

Down markets are a good time to invest, but we're not anticipating one.

http://angel.co/returns http://alist.co

Re: AngelList Braces for Rainy Days as Startup Seed Funding Falls

#9
You can't even raise money on AngelList. It's just yet another shitty (okay, decent) jobs site.

Why the hell AngelList can't create Kickerstart-for-Startups after all these years and significant funding is beyond comprehension.

1. Have startups fill out a YC-like applications.

2. Get investors to write the good checks.

If AngelList can't do this then it doesn't need to exist.

Re: AngelList Braces for Rainy Days as Startup Seed Funding Falls

#10

You can't even raise money on AngelList. It's just yet another shitty (okay, decent) jobs site. Why the hell AngelList can't create Kickerstart-for-Startups after all these years and significant funding is beyond comprehension. 1. Have startups fill out a YC-like applications. 2. Get investors to write the good checks. If AngelList can't do this then it doesn't need to exist.

Angel List the site is fine, but they really need some sort of verification or moderation. When I was looking for an internship there were a bunch of sketchy non-companies willing to pay me... $0. After I graduated it was easier to find real companies, but then it's just the same as other job sites with companies that get back to you months after applying. The design and look of the site comes off as more professional or trustable than other places, but it's not curated. At least force people to be honest about a lack of pay.

With of all that said... two of the three jobs I've held were found there.

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