AngelList—A Step Towards Building Secured Future
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Didn't find a job yet? Want to start the journey from a startup company? Wasting money right now and don't know where to utilise it? The world is filled with talented people. But these people don't get the opportunity to fulfil their ambitions or dreams. No worries! Here is a great way to kick start your future and accomplish your goals
AngelList is a website which helps the people to find out many startup jobs near them. Investments in the latest startups can be made as well. Read the Angellist success story below! Know and explore more!
AngelList - Company Highlights
| Startup Name | AngelList |
|---|---|
| Headquarters | San Francisco, US |
| Sector | Startup Community |
| Founders | Naval Ravikant and Babak Nivi |
| Founded | 2010 |
| Parent Organization | Venture Hacks, Inc. |
| Website | angel.co |
AngelList - About
AngelList - Startup Story
AngelList - Founders And Team
AngelList - Business Model
AngelList - Revenue Model
AngelList - Funding And Investors
AngelList - Growth
AngelList - Competitors
AngelList - Future Plans
AngelList - FAQ's
AngelList - Conclusion
AngelList - About
AngelList is a US company for startups. For angel investors and job seekers looking to work at startups as well. The company was founded in the year 2010. The mission of the company is to democratize the investment process. It helps the startup companies, especially in fundraising. They began as an online introduction board for tech startups that needed funding. Since 2015, the company allows startups to raise capital from angel investors free of charge.
Rishabh Rathi
AngelList - Startup Story
The company was founded in the year 2010 April, 22nd in San Francisco by entrepreneurs Naval Ravikant and Babak Nivi. Naval Ravikant thought that remote work's time would be coming. And in the future, it will turn out to be the most important category in hiring. They had an idea of investing in companies. Which is why both shared a list of 25 investors. With whom they could share interesting companies to invest in. The company declared a list as 'AngelList' in 2010 along with the subscription of 50 angel investors whose intention was to invest USD $80 million in that particular year 2010.
Rishabh Rathi
AngelList - Founders And Team
Naval Ravikant and Babak Nivi are the founders of the company AngelList.
- Naval Ravikant is the CEO and the founder of the company. He is a brilliant entrepreneur and investor. He is having one of the most innovative minds in venture capital. AngelList is his biggest startup success.
- Babak Nivi is an entrepreneur and the co-founder of the company. He started his career as an Associate at Seed Capital Partners. Then he joined Atlas Venture as a Consultant. In the year 2005, he joined Bessemer as an Entrepreneur in Residence. He was also the Vice President at Songbird for 1 year and 2 months.
AngelList - Business Model
The business model of the company is to connect investors with startup companies mainly. Their job is to attract more investors to fill up the funding rounds. Whenever an investor swipes right in the website. He/she receives all the information about the startup company. AngelList also provides it's investors a recommendation along with the information. Angel investors are wealthy individuals. They provide capital for startup companies. All are accredited individuals with a net worth of at least $1 million or an annual income of more than $200,000. Private applications are submitted to get hooked up with the investors.
Jeenal Jain
AngelList - Revenue Model
AngelList is a place, especially for entrepreneurs. The core business model focuses on the revenue model. The investors here invest in each other's deals. They also invest in similar kinds of deals. And mainly they invest in the places whom they know. This is done because in this case, the investors find themselves safe. Whenever somebody signs in to angel.co. All the "angels" get access to the IP automatically. The company receives a 5% interest whenever a deal is made through the help of the platform.
AngelList - Funding And Investors
AngelList has raised a total amount of $26.2 million in funding over the 6 funding rounds.
| Date | Transaction Name | Money Raised | Lead Investors |
|---|---|---|---|
| March 9, 2015 | Series B | $2.1 million | - |
| September 22, 2013 | Series A | $42 million | GV, Atlas Venture |
| August 1, 2013 | Series B | - | - |
| June 22, 2013 | Seed Round | $100,000 | SOSV |
| January 1, 2013 | Seed Round | - | - |
| June 1, 2012 | Seed Round | - | - |
AngelList has got 45 investors.
AngelList - Growth
Success stories are growing in every corner of the world. One such story is AngelList's story. In the year 2012, the company accepted applications for more than 500 startup companies. In the year 2013, AngelList Syndicates was noted as one of the most important innovations in the venture capital and angel investment industries. Like this, the company is growing. Today, they have 44 investors and have made 75 investments.
AngelList - Competitors
The top competitors of the company are Crowdfunder, SeedInvest, FundersClub, Crowdlords and Crowdzu.
- Crowdfunder is crowdfunding the future. It connects projects with communities. In order to create great ideas all over the UK the company was founded in the year 2010.
- SeedInvest is an online equity crowdfunding platform for venture capital and angel investing. The company was founded in the year 2011.
- FundersClub is a company. It offers a venture capital platform to its consumers. The company was founded in the year 2012.
- Crowdlords is a two-sided residential buy to let crowdfunding platform. It aims to bring the investors and landlords together. The company was founded in the year 2014.
- Crowdzu is a crowd-based marketplace. Especially for entrepreneurs. The company was founded in the year 2014.
AngelList - Future Plans
The company is aiming towards innovating the infrastructure. They want to democratize the investment process more. These things will help the startup with money, talent and customers. AngelList has got over 35,000 recruiting companies. And has 5 million registered users. More acquisitions will support startup companies with customer generation and product launch. It is the current and main target of the company right now.
AngelList - FAQ's
How much is AngelList worth?
We eliminate the hassles of investing so they can focus on helping founders. AngelList Venture has over $1 billion in assets under management and 23 unicorns in the portfolio, including Lime and Robinhood.
How does AngelList make money?
AngelList's core business model is focused on revenues from matching startups with talent. The syndicate's platform has high upfront costs to AngelList, which AngelList hopes to cover through the 5 percent carried interest.
How to Land a Job through AngelList?
- Know your audience.
- Understand how AngelList works.
- Be the perfect candidate.
- Follow up.
- Follow directions.
- First impressions go a long way.
- Check your content.
Who started AngelList?
AngelList was founded in 2010 by serial entrepreneur Naval Ravikant and Babak Nivi. Using the traction from the Venture Hack blog on entrepreneur financing, Naval and Babak started a list of 25 investors with whom they would share interesting companies to invest.
How do you use AngelList?
AngelList is also a useful platform for anyone looking to get a job at a startup. It is just a three-step process: create a free profile showcasing your experience and skills, browse jobs and select the companies you are interested in, and wait for an email saying that that company has also said yes to you.
How much does it cost to post a job on AngelList?
There are over 2,000,000 active candidates looking for jobs on AngelList Talent, and connecting with them by posting a job is completely free.
Is AngelList free?
Employers can post-startup tech jobs on AngelList for free. You'll first need to sign up with AngelList to create profiles for you and for your startup, all of which are also free of charge.
AngelList - Conclusion
AngelList was started as a platform to connect founders and investors in Jan 2010 by Babak Nivi and Naval Ravikant. Since then, it has evolved into 2 companies– AngelList and AngelList Venture. AngelList is a platform to help startups recruit employees, while AngelList Venture facilitates investments into startups via funds and syndicates. The help center you're currently in contains information about AngelList, the recruiting platform. The AngelList Venture Help Center can be accessed at help.venture.angel.co.
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