Angel Funds

topic on 2 shows · 2 statements across 2 episodes

the Y Combinator Startup Podcast 20VC

2 statements about Angel Funds, every show

20VC Assertion Not checkable as stated
Jain: Angel Funds and Scout Programs Are Funded Mainly by Series A VCs
“If you look at where the capital is coming from for these funds, it's predominantly from Series A funds or GPs individually investing.”
Gaurav Jain Jan 6, 2020 ▶ 20:43 20VC: Why Now Is The Hardest Time To Raise an Institutional Pre-Seed in the Last Decade, What To Do When The Founder and VC Interests Do Not Align & The Rise of Pre-Emptive Rounds with Gaurav Jain, Founder & Managing Partner @ Afore Capital
Y COMBINATOR Assertion Supported
Hoover: AngelList platform sets up funds for $12k replacing $100k costs
“So they do all of this work that would normally cost maybe a 100,000 dollars to set up all for like 12,000 dollars and they take a piece of the carry.”
Ryan Hoover Oct 4, 2017 ▶ 38:50 Communicate with Users, Build Something They Want - Ryan Hoover of Product Hunt · Y Combinator

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