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by gojomo
4714 days ago
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This is disruptively (subversively?) awesome, not just for its initial incarnation but all the ways it could iteratively evolve. Right now it's like a per-person "0 [fees] and 20 [carry]". Will AngelList try to enforce a 20% carry standard or let it vary? [UPDATE: I see a tweet by @naval confirming angel chooses carry rate.] How about the 0%? Does the answer change if and when syndicates-of-syndicates arrive? Is that powerful or too much like an MLM-downstream? Will loose affiliations of syndicate-leads cross-syndicate (simulating a mini-VC-firm)? What kinds of support services will syndicate-leads need (and perhaps share)? |
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