AngelList

AngelList: What do people think of AngelList?

AngelList (angel.co) is a community of high-quality startups raising money and investors who invest in them.

Does AngelList actually work? How many companies actually raise significant capital from AngelList?
1+ CommentsPost (5)Wiki
 

107 Answers

Ming Yeow Ng, AngelList is the second best thing th...
97 votes by Lim Yung Hui, Ben Chow, Dru Wynings, (more)
Update: The best way to summarize AngelList is that they are uniquely placed to match high quality deals with high quality investors, bringing structure to a formerly very nuanced, inefficient and opaque process. These is due to them bringing together these 3 rare assets in a very simple manner that just works:
 
  1. Outreach to emerging entrepreneurs through a very credible and far-reaching channel at Venture Hacks.
  2. Getting participation of top angels, including former entrepreneurs. This is through the principals' personal network and credibility in the valley.
  3. Very high quality vetting, starting with the principals' own domain expertise in consumer internet. Constantly upgrading the vetting process by allowing more veteran angels with excellent track record to send in deals.

-------------

I have spoken extensively to several of the principals, angels, and startups involved in AngelList. Honestly, it adds an amazing amount of value to the community and  an increasingly important piece to the valley

One of the most important factor in a startup ecosystem is matching quality startups with quality capital.

There are 3 main difficulties in doing so, and Naval and Nivi solves them very elegantly by tapping into their network and reach.

1) Getting the best entrepreneurs to send in deals: With Venture Hacks's very credible and far-reaching reader base, they have built up a reach to entrepreneurs of all stripes that VC firms can only dream of. Most importantly, entrepreneurs trust Venturehacks, since it is the one of the best source of no bullshit fundraising tips.

2) Getting the best angels to invest:  From my observation, they started with the very best/prominent angels (Dave McClure, Aydin Senkut, Mitch Kapor, Ariel Poler, CRV etc). This can be done obviously only by valley powerhouses like Naval and Nivi. They are now expanding that base by including more and more less prominent (but high quality angels). One very important component of that is former entrepreneurs - Matt Mullenweg (wordpress), Aaron Patzer (mint).

3) Exclusive yet inclusive vetting/filtering. Naval is one of the smartest people you will ever meet, and his understanding of what will take off in the consumer web is probably unmatched. So he knows how to keep the quality very high. At the same time, he understands that he does not have all the time in the world, and there are plenty of startups outside of his domain expertise — so he is always aiming to expand the people who can send deals into the list. This bodes well for keeping the quality high, yet trying the best to be inclusive of quality deals that the principals might not understand that well.

Summarizing, I am extremely excited about AngelList. This is just the beginning — as transparency, relevance to matching, even better outreach to longer tail angels and entrepreneurs happen, this has huge potential to change the investing game forever.

As an entrepreneur, do try your best to get a meeting with the AngelList guys, or folks who have the ability to send deals into the list. At the very least, you will get some excellent tips on what angels are looking for.
CommentPost (1)Aug 17, 2010
Ming Yeow Ng
Mark Suster, Venture Capitalist, Angel investor & ...
Angellist has been the most important Internet contribution to the ... (more)
1 CommentPostAug 19, 2010
Mark Suster
Matt Mireles, Founder/CEO of SpeakerText.
AngelList is essentially a public market for private, early-stage t... (more)
2 CommentsPost (1)Feb 15, 2011
Matt Mireles
Anon User
35 votes by Jüri Kaljundi, Keith Rabois, Eren Bali, (more)
Short Version:
We went to AngelList after finalizing our convertibl...
(more)
2+ CommentsPostAug 18, 2010
Anon User
Thomas Korte, Using AngelList since 2009
I have been on AngelList since the early days and have invested in ... (more)
CommentPostAug 20, 2010
Thomas Korte
Shafqat Islam, CEO and Cofounder of NewsCred, a vent...
16 votes by Dan Kaplan, David Haddad, Jüri Kaljundi, (more)
I'm happy to share my experience as an entrepreneur that just close... (more)
1 CommentPostAug 18, 2010
Shafqat Islam
Hadi Partovi, founder/investor guy
18 votes by Marc Bodnick, Anon User, David Haddad, (more)
As one of the investors on AngelList, I must say it's been hugely u... (more)
CommentPostAug 18, 2010
Hadi Partovi
Dave McClure, I run a small (<$30m) venture capital...
think i've done at least 3 deals that i found via AngelList.  have ... (more)
CommentPostAug 19, 2010
Dave McClure
AngelList provided our company with a high volume of high quality i... (more)
CommentPostAug 18, 2010
Aaron Krane
One of the very few Angel programs that actually works.  The best e... (more)
CommentPostAug 22, 2010
Mike Maples
I've been following AngelList for the past several months as I prep... (more)
CommentPostAug 18, 2010
Jody Sherman
as a member of angellist, i have benefited from its high quality, c... (more)
CommentPostAug 18, 2010
Roger Ehrenberg
I am an investor on angel-list.  I look at the companies sent out t... (more)
CommentPostAug 18, 2010
Joe Greenstein
We were confident that we'd find strong investors through AngelList... (more)
CommentPostAug 11, 2011
Tim Hyer
Danny Moon, CEO & co-Founder of UpNext
AngelList is an excellent resource for raising a round.  We secured... (more)
CommentPostNov 29, 2010
Danny Moon
My experience with AngelList has been quite positive so far. I've s... (more)
CommentPostAug 18, 2010
Jeff Hammerbacher
Figured I'd add my two cents with a little more commentary, since w... (more)
CommentPostAug 18, 2010
Rafael Corrales
We used Angel List when raising our recent round of funding at Acad... (more)
CommentPostApr 19, 2012
Richard Price
Naval Ravikant and the Venture Hacks team have brought together som... (more)
CommentPostAug 18, 2010
Rick Marini
All in all, AngelList is great. Nivi and Naval are super helpful to... (more)
CommentPostAug 17, 2010
Jüri Kaljundi
I believe we (Postling) were the second company to get funded via A... (more)
CommentPostAug 18, 2010
David Lifson
Angel List was instrumental to our success and the only thing bette... (more)
CommentPostNov 18, 2010
Rey Flemings
AngelList is an incredibly powerful platform for connecting entrepr... (more)
CommentPostMar 7, 2011
Josh Stein
Anon User
We are a Y Combinator alumni company currently fundraising. Since l... (more)
CommentPostFeb 16, 2011
Anon User
Great deal flow and highly qualified deals.  I pay attention to eve... (more)
CommentPostAug 19, 2010
Tim Ferriss
Satish Dharmaraj, ex-CEO, Entrepreneur, Founder, Ventur...
I subscribe to AngelList and read every email that Nivi and Naval s... (more)
CommentPostAug 18, 2010
Satish Dharmaraj
Co-Founder (still in stealth mode):
...
(more)
CommentPostAug 30, 2010
Anon User
Sean Harper, I was an associate for Longworth Vent...
Increasingly investors have a specific thesis toward which they inv... (more)
CommentPostAug 18, 2010
Sean Harper
Geoffrey Lewis, Co-Founder & CEO of Topguest
Tons of great answers here and I don't want to re-state what's been... (more)
CommentPostAug 18, 2010
Geoffrey Lewis
Lee Hower, Seed stage VC (NextView Ventures) & a...
I see several companies a month through AngelList.  A number are co... (more)
CommentPostAug 19, 2010
Lee Hower
AngelList is phenomenal even if your network is large
...
(more)
CommentPostJan 14, 2011
Sizhao Zao Yang
Jon Callaghan, Founder, General Partner at True Vent...
Love these guys. We look at everything that comes in thru AngelList... (more)
CommentPostAug 22, 2010
Jon Callaghan
We (UberCab) were fortunate enough to be selected for AngelList and... (more)
CommentPostAug 18, 2010
Ryan Graves
Michael Karnjanaprakorn, CEO & Co-founder of Skillshare
We took a different approach from a lot of the startups that use An... (more)
CommentPostMay 9, 2011
Michael Karnjanaprakorn
Daniel Ha, Raised angel & VC rounds for Disqus
Naval and Nivi are the real deal. Lots of people say they're entrep... (more)
CommentPostMay 30, 2011
Daniel Ha
Many of my peers have eloquently explained why AngelList is a great... (more)
CommentPostAug 19, 2010
Anon User
As an angel investor, Angel List has been an invaluable resource.  ... (more)
1 CommentPostSep 1, 2010
Bill Lee
A great compliment to Naval and Nivi for AngelList - this is a fant... (more)
CommentPostNov 22, 2010
Bertram Meyer
Pejman Nozad, Founding Partner Amidzad ,entrepreneu...
2 votes by David Haddad and Adam Rifkin
we have been seeding over 60 startups since late 90's ( paypal, dan... (more)
CommentPostAug 19, 2010
Pejman Nozad
Vinay Pulim, Co-Founder of MileWise
Naval and Nivi helped us (Milewise) raise money from a group of hig... (more)
CommentPostJan 14, 2011
Vinay Pulim
Rajil Kapoor, Managing Director at Mayfield Fund
I find angellist extremely useful and have contacted a majority of ... (more)
CommentPostAug 19, 2010
Rajil Kapoor
We just announced our round last Wednesday, and gave a shoutout to ... (more)
CommentPostAug 28, 2010
Alexa Andrzejewski
Ethan Austin, Co-Founder of GiveForward.com
There are only two things I tell other startup founders looking to ... (more)
CommentPostMar 11, 2011
Ethan Austin
Andrew Weissman, New York, just like I pictured it
3 votes by Eghosa Omoigui, Matt Mireles, and Anon User
It's genuine, it's honest, the filters and processes work (and when... (more)
CommentPostAug 18, 2010
Andrew Weissman
Experience on AngelList was awesome. Only regret is that I wish we ... (more)
CommentPostAug 16, 2011
Matt Thazhmon
We are a relatively early startup, having graduated from the DreamI... (more)
CommentPostAug 18, 2010
Nikhil Sethi
Wade Roush, Xconomy Chief Correspondent and San F...
Coincidentally, Xconomy has an in-depth profile today of Nivi and N... (more)
CommentPostAug 20, 2010
Wade Roush
Fred Destin, Partner, Atlas Venture. Board, Seedcamp
In a sentence: It's a perfectly executed seed investment connection... (more)
CommentPostAug 19, 2010
Fred Destin
I have had an amazing experience with Angellist.  Miso Media is an ... (more)
1 CommentPostFeb 17, 2011
Aviv Grill
Dharmesh Shah, Co-founder and CTO, HubSpot
I've invested in 3 startups via AngelList.  Of all the deals that c... (more)
CommentPostAug 19, 2010
Dharmesh Shah
Lawrence Coburn, CEO DoubleDutch.me
We were distributed through AngelList yesterday.  Responses are pou... (more)
CommentPostAug 18, 2010
Lawrence Coburn
Vinicius Vacanti, Co-Founder and CEO, Yipit, finds deal...
1 vote by Mircea Goia
We (Yipit) used AngelList to complete our funding round.
...
(more)
CommentPostAug 18, 2010
Vinicius Vacanti
Tom Tunguz, Redpoint Ventures
Angel list is a superb source of quality people and deals. The team... (more)
CommentPostAug 23, 2010
Tom Tunguz
Scott Edward Walker, Corporate lawyer for entrepreneurs
2 votes by Mike Veytsel and Dan Lundmark
I'm a big fan of AngelList (and Nivi & Naval) and just wrote a blog... (more)
CommentPostNov 10, 2010
Scott Edward Walker
I'm a big fan of Nivi's and believe that AngelList is good for ever... (more)
CommentPostAug 18, 2010
Bijan Sabet
Kent Goldman, Seed stage investor at First Round Ca...
I'm a big fan of AngelList. We've seen a number of really interesti... (more)
CommentPostAug 18, 2010
Kent Goldman
Peter Lehrman, technology investor, angel, CEO of Ax...
1 vote by Jüri Kaljundi
Curation is the key here, and Nivi and the team get that.  I've mad... (more)
CommentPostAug 19, 2010
Peter Lehrman
Rob May, Founder, Backupify
1 vote by Lee Hower
I used AngelList when Backupify was raising a seed round.  It's the... (more)
CommentPostAug 18, 2010
Rob May
Ken Tola, I have been in the startup game for t...
I recently posted a profile on AngelList for a company that is atte... (more)
CommentPostMar 29, 2011
Ken Tola
Mark Risher, Spam Czar Emeritus, CEO of Impermium
AngelList was amazing for us. Within hours of posting, we had dozen... (more)
2 CommentsPostDec 15, 2010
Mark Risher
Stephen Hood, I am co-founder of Blockboard
1 vote by Ming Yeow Ng
My startup raised its seed round with significant help from AngelLi... (more)
CommentPostAug 22, 2010
Stephen Hood
Anil Kavi, Entrepreneur, co-Founder IRIS Technol...
I was introduced to AngelList via a good friend who had a very posi... (more)
CommentPostJul 23, 2011
Anil Kavi
Anon User
1 vote by Anon User
Our startup posted on AngelList and received more than 20 intros, i... (more)
CommentPostOct 7, 2010
Anon User
Amish Jani, Managing Director at FirstMark Capita...
1 vote by Jüri Kaljundi
AngelList is a fantastic service for entrepreneurs and investors, c... (more)
CommentPostAug 22, 2010
Amish Jani
Angellist is frekkin' amazing.  Instead of the pain of finding inve... (more)
CommentPostNov 19, 2010
Kamal Ravikant
Ranjith Kumaran, Raised 4 venture rounds totaling ~$50...
2 votes by Navin Kumar and Sarah Tavel
This is long overdue but now that we've announced PunchTab's fundin... (more)
CommentPostJun 1, 2011
Ranjith Kumaran
Daniel Ruben Odio-Paez, Technology Entrepreneur
1 vote by Seung Bak
Here's an interview with Naval of AngelList: http://go.DanielOdio.c... (more)
CommentPostAug 19, 2010
Daniel Ruben Odio-Paez
Adam Wexler, Founder & Chief Evangelist Officer @ ...
1 vote by Matt Mireles
I think AngelList is one of the best things to happen to the startu... (more)
CommentPostAug 23, 2010
Adam Wexler
Ryan Bales, Founder & CEO of Budgetable
2 votes by Sameer Gupta and Tyler Willis
Not sure if anyone has touched on this, but AngelList's support has... (more)
1 CommentPostMar 19, 2012
Ryan Bales
Roberto Bonanzinga, Partner, Balderton Capital (formerly ...
1 vote by Jüri Kaljundi
I think AngelList is a superb tool and the guys are really pushing ... (more)
CommentPostNov 20, 2010
Roberto Bonanzinga
Isaac Hall, Founder of Recurly.com
AngelList is hands down the most efficient way to raise capital for... (more)
CommentPostAug 18, 2010
Isaac Hall
Faisal Qureshi, founder & ceo at Offermatic
Naval & Nivi are entrepreneurs are providing an incredible service ... (more)
CommentPostNov 23, 2010
Faisal Qureshi
Andy Maguire, CEO, InternMatch.com
1 vote by Nathan Parcells
At InternMatch, we very quickly raised $200K through Angel List fro... (more)
CommentPostFeb 2, 2011
Andy Maguire
I would second all the positive responses people have said about An... (more)
CommentPostAug 18, 2010
Chuck Lam
Adrian Stone, AngelCube | Investor - Started a few ...
In the first week or so that I used AngelList, I made three excelle... (more)
CommentPostMar 7, 2011
Adrian Stone
Mehul Trivedi, Co-founder of NoiseToys
1 vote by Maria Alegre
Our experience with AngelList has been great. We got a ton of great... (more)
CommentPostFeb 23, 2011
Mehul Trivedi
Anon User
Perhaps it's just me, or the fact that we're in the life sciences/p... (more)
1+ CommentsPostMar 14, 2011
Anon User
David Graham, Arizona Bay builds and invests in tec...
1 vote by Sheel Mohnot
We have just funded our first AngeIList sourced deal (FeeFighters.c... (more)
CommentPostFeb 4, 2011
David Graham
Anon User
7 votes by Ralph Barbagallo, Anon User, Anon User, (more)
We're on AngelList - so far not impressed. Everyday there's a dozen... (more)
2+ CommentsPostMar 11, 2011
Anon User
Matt Singer, CEO, The Talk Market, Inc.
1 vote by David Orban
AngelList has a serious, value added group of investors with a weal... (more)
CommentPostAug 19, 2011
Matt Singer
Seung Bak, Co-Founder, DramaFever
1 vote by Darrel Herbst
Fundraising is so hard for young entrepreneurs (especially first ti... (more)
CommentPostAug 31, 2010
Seung Bak
Jared Golden, co-founder Apparel Media Group, @appa...
1 vote by Steve DeWald
AL really works.  I've recommended it to several founders looking t... (more)
CommentPostFeb 9, 2011
Jared Golden
Boris Wertz, angel investor
1 vote by Mack Flavelle
AngelList does very good job matching angels and start-ups (as well... (more)
CommentPostAug 18, 2010
Boris Wertz
Ali Asghar Moiz, tech entrepreneur
2 votes by Gabriel PM Martin and Anon User
The best thing about Angel List is the people who run it. Naval was... (more)
CommentPostMay 14, 2011
Ali Asghar Moiz
Josh (Tzvika) Avnery, Co-Founder at WiseStamp.com
1 vote by Sam Odio
We — WiseStamp — were recently featured on AngelList and received g... (more)
CommentPostAug 18, 2010
Josh (Tzvika) Avnery
Late to the party of positive comments.
Naval and Nivi are phenomen...
(more)
CommentPostAug 22, 2010
Frederic Descamps
Anon User
Wow, Wow, Wow! The Rap on the street was don't bother with AL unles... (more)
CommentPostFeb 15, 2011
Anon User
Anon User
Our company isn't ready to announce our funding yet, but we secured... (more)
CommentPostOct 5, 2010
Anon User
Anon User
1 vote by Anon User
We haven't publicly closed our deal yet but we already think Naval ... (more)
1 CommentPostJan 14, 2011
Anon User
Geoff Schneider, Founder, Partner - Cava Capital
To echo many of the comments here and especially MM: I pay attentio... (more)
CommentPostFeb 15, 2011
Geoff Schneider
Lauren Flanagan, Have invested in 30 early stage compa...
1 vote by Joe Wallin
As an angel investor on AngelList, I find it an invaluable, well-cu... (more)
1 CommentPostFeb 15, 2011
Lauren Flanagan
Formalizing the role of the Connector (e.g. Ron Conway) for the but... (more)
CommentPostAug 18, 2010
Ben Mathes
Brian Dear, Founder of iCouch.me
I'm not covering any new material here, but Angellist is making it ... (more)
1 CommentPostMar 26, 2011
Brian Dear
Matthew Work, 3 Engines on fire is totally normal.
AngelList is a great resource. We posted our latest financing on it... (more)
CommentPostJan 27, 2011
Matthew Work
Dennis Buizert, Cofounder of fused.in, Junior Informa...
I just put my company up on there. But we just started out. Yet I t... (more)
CommentPostMar 8, 2011
Dennis Buizert
I used AngelList to fund Pedal Brain and can't recommend it enough.... (more)
CommentPostAug 18, 2010
Matt Bauer
My personal experience is that AngelList works very well!
After we ...
(more)
CommentPostDec 14, 2010
Arik Waldman
Sachin Kamdar, Raised through AngelList
1 vote by Anon User
Didn't have a chance to read through all these comments so sorry if... (more)
CommentPostJan 24, 2011
Sachin Kamdar
Josh Felser
1 vote by Anon User
AngelList is an important source of deals for Freestyle. Nivi and N... (more)
CommentPostAug 18, 2010
Josh Felser
Jared Goralnick, Founder & CEO, AwayFind
1 vote by Takuro Shida
AngelList was definitely helpful for us at AwayFind.  We got the at... (more)
CommentPostAug 21, 2010
Jared Goralnick
Zach James, co-founder, MOVIECLIPS.com
Nivi & Naval are great guys.  Personally, I believe this is the roo... (more)
1 CommentPostSep 8, 2010
Zach James
Jonathan Marcus, Founder and CEO of HIIDEF.com: Flavor...
While the dramatic increase in angel and super angel activity is th... (more)
1+ CommentsPostAug 18, 2010
Jonathan Marcus
Sunil Tagare, Founder of BuySellBandwidth.com
As an entrepreneur, this is a dream come true.  Planning to post my... (more)
CommentPostMar 29, 2011
Sunil Tagare
Phil Karl, Co-Founder and CEO of LiveProfile
Nothing but amazing things to say about AngelList. We met some top ... (more)
CommentPostMar 10, 2011
Phil Karl
Jay Mandal, CEO and Co-Founder of LawPivot
As a recent alum of AngelList, we second many of the positive comme... (more)
CommentPostJan 25, 2011
Jay Mandal
Angellist is amazing!  Within 2 days of posting, we received many q... (more)
1 CommentPostDec 3, 2010
John Vitti
Bipul Sinha, Venture capitalist, products guy
I'm a huge fan of AngelList. It is the best place for entrepreneurs... (more)
CommentPostMay 26, 2011
Bipul Sinha
 
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