In March 2014 we launched a deal for Calm.com to raise $200,000 on AngelList. That deal was oversubscribed and we closed $328,104 across 95 investors who ranged from $1,000 to $25,000 each.
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Eighty-four of the investors put in $5,000 or less, an amount considered impossible at that time, when angel deals had $25,000 minimums.
Today, my syndicate accepted its 902nd accredited investor.
In 24 months we’ve done 42 deals, which is about one every two or three weeks.
We recently closed five deals in one month … we’re picking up the pace.
I wanted to say thank you to the AngelList team — especially founders Naval & Nivi — on creating this very unique platform that has helped so many founders to raise money and find employees over the past two years.
You can join the Rebel Alliance — if you’re an accredited investor — at http://jasonssyndicate.com
Best regards, @jason
PS – You never know, I might figure out how to get all of you “non-accredited investors” into the angel investing game with this Title III stuff that the SEC approved.
PPS – I wrote about the “trench run” syndicate 20 months ago — interesting contrast.