Mark Suster, Venture Capitalist, Angel investor & former entrepreneur.
Updated 392w ago · Author has 70 answers and 890.2k answer views
Angellist has been the most important Internet contribution to the angel community to come along in a while.
That's a lofty statement, what are my claims?
It has brought visibility to young promising startups on a scale and with a speed I've never seen.
It requires initial validation beyond you have a cool team / great product. As a company you have to convince the first few high profile investors. Once you have this "social proof" and have been vetted by Angellist you're sent to a very targeted group of individuals.
You get the benefit of closing an angel round. But the benefit is much, much broader: you get visibility within the wider Venture Capital community that will help with future financings.
Because it's well vetted, the investors actually pay attention.
If you're a perfect match Nivi provides a "custom introduction" as in "you REALLY need to look carefully at this one."
As an investor I have met many great companies and started relationships that I think will go way beyond whether or not I gave them angel money.
Who have I met that has informed me greatly on markets?