Adilbaev: Pre-seed startups reject small individual angel checks but accept syndicates
Almaz Adilbaev · Why Your Third or Fourth Startup Is the One That Actually Works · Feb 18, 2025 · at 18:13
Almaz Adilbaev, co-founder of angel syndicate Change Angels, discusses the mechanics and fundraising advantages of angel syndicates over individual angel investing.
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“In a pre-seed round, sometimes yeah, I mean, some really great startups may not like mine, might not take your check. Because it's too, it might be too small for them. But if you, like, collect all this money as in syndicate and put just in one bulk, you know, 25 K or 50 K, so I think, yeah, it sounds pretty ok.”
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