Flight.vc
fund on 1 show · 8 statements across 1 episodes
8 statements about Flight.vc, every show
Flight.vc syndicated a portion of dating app Happn's funding round
“They just closed a nice round that we syndicated a small piece of, and they're off to the races.”
Flight.vc invested in AltSchool's seed and Series B rounds
“We were in the seed, and then we put, we're just wrapping up putting more money into the bee.”
Flight.vc is launching a traditional follow-on venture expansion fund
“Eric is working on more of a, what I would call a traditional venture fund that will buy follow-on in various Angel investments.”
Gil Penchina: Flight.vc aims to become a mainstream consumer retirement platform
“My dream is that we'd be buying a 32nd ad on your show talking about our family of funds, and, you know, we'd have, you know, ads in a magazine just like Fidelity and Vanguard do, and we would become one of those places where consumers invest to, help them, he…”
Flight.vc secures pro rata rights in 80% to 90% of deals
“So I would say we insist on it to a point, and probably 80 or 90% of our deals at Perrada would be my guess, but we're also not rule-driven, inflexible bureaucrats, so if there's a reason why it doesn't make sense, you know, we'll work through it with people.”
Flight.vc caps deals at 99 investors and has 3,000 total backers
“Every investment has a cap of 99 people who can invest, and we have about 3000 backers across the portfolio.”
Founders and executives make up 30% of Flight.vc syndicate investors
“Yeah, I'd say about 30% are in a entrepreneurial venture. They're either a founder or, Executive at an early stage company. Another 30 or 40% are more broadly working in technology, whether that's, you know, IBM and Accenture or Dell or, you know, bigger compa…”
Flight.vc operates 25 AngelList syndicates across verticals and regions
“Flight is just a umbrella name for the now 25 syndicates we run ranging from You know, the SaaS syndicate to the fintech syndicate to the IOT syndicate. We then branched out and launched syndicates in the UK and Germany and Israel and Canada”