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Invest with Internet of Things by Flight.vc
$860K
Syndicate Backing
$210K ($2K)
Typical Investments
4
Expected Deals/Year
Note from Internet of Things by Flight.vc

The internet of things is ultimately a bet on software and data. Our thesis is that hardware is a commodity, but that to create great consumer and business services, you sometimes need to bundle hardware, software and services into a platform.

This syndicate will invest in platforms ranging from drone to home.

The partners will invest in each deal along side you.

Anyone considering an investment in one of my syndicates should understand that these investments represent absolute risk, and there is a meaningful risk that they can lose all their money. There is no guarantee of a "soft landing" or acquisition if things do not go as planned. In addition, there is no guarantee that, even in a successful company, there will be opportunity for liquidity for the shares represented and an investor should be prepared to have their capital committed for ten years, or more without liquidity.

Dealflow

All deals will be syndicated

Team
Jeremy Conrad
founder
Co-Founder at @lemnos-labs, Air Force Officer 2006 - 2010. I made Star Wars real (worked on the Airborne Laser). @Massachusetts Institute of Technology Course 2 '06.
Renee DiResta
employee
BD at @Haven. Principal at @OATV. Former trader at Jane Street Capital.
Gil Penchina @ Flight.vc
founder
5 $1B + announced exits Syndicated @Cruise Automation @Dollar Shave Club @HOOKED @AltSchool Investor: Linkedin, Paypal, Wealthfront, Discord
Investments
Exit
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Acquired by Mattel in 2016
Private investments may not be included yet.
All deals on AngelList default to private. Learn More »
Backers
Ben Smith
Angel
Investor, Advisor to and Founder of Technology Businesses
Roy Rodenstein
Angel
Investor Crashlytics (acq. Twitter), Rapportive (acq. LinkedIn). CEO TrueLens, co-founder Going.com (acq. AOL), co-founder Hacker Angels. MIT Media Lab '00.
Sundeep Ahuja
Angel
25 Syndicates incl @Mosaic @Change.org; CoFounder @Richrelevance; helped launch @Kiva; Investor @Goodreads @Counsyl; Advisor @Indiegogo; BS CS Stanford
Fred Tanada
Angel
@Flight Ventures@Crimson Growth Partners.  • d.school @Stanford. Wall Street. YC Startup School. Singularity U @NASA  • Working on Self-Driving Vehicles
Can help with
“Background in finance, worked at Wall Street, experience in data analysis and financial modeling.”
Grant Allen
VC
Sr. Managing Director @ABB Technology Ventures@Core Capital Partners, @Microsoft@Duke University engineering, @Wharton School
Wiktor Schmidt
Entrepreneur
Founder and CEO of @Netguru - web and mobile software development consulting company.
Alex Moskalyuk
Angel
Engineer @Facebook Engineer @Yahoo Engineer @Itron
Eric Kwan
Angel
Founding engineer at Operator.com • Ex-Facebook, Yahoo • Studied at Stanford, CMU • Specialized in User Acquisition, Internationalization & Growth • Angel
References
Rockstar entrepreneur - and genuinely a great person to have on your side if you're starting a hardware company. Also damn funny
Gil Penchina @ Flight.vc
For Helen Zelman Boniske's work at Internet of Things by Flight.vc
One of the sharpest thinkers I know coupled with a pioneer in the 'bringing data science to politics' space: http://www.wired.com/2015/06/antivaxxers-influencing-legislation/
When the chips were down I only thought I had two options, close the company or sell it. Gil encouraged me to choose a third option "aim for the moon". We did and the result is a profitable growing company on the way to success
Karl Jacob
Founder of a company Gil Penchina @ Flight.vc invested in
Gil taught me the meaning of RELENTLESS URGENCY. And that's something use every single day. Thank you Gil!!
Adam Rifkin
Founder of a company Gil Penchina @ Flight.vc advised
Gil -> Helpful. Open. Smart. Direct. Transparent. Engaging. No BS. Responsive...just great.
Maneesh Arora
Founder of a company Gil Penchina @ Flight.vc invested in
Gil is the single most entrepreneur friendly investor I have ever met.
Jesse Robbins
Co-investor in a company Gil Penchina @ Flight.vc invested in
What more can one say about the $25 billion man that already hasn't been said? His syndicate is the largest on AngelList, he's one of the most prominent and successful angel investors in the world - and he's just getting started now that he's plowing into the most promising...more
Amazing guy. Amazing investor. Super-connected and helpful. No bullshit.
Gil is one of the smartest and most connected guys in Silicon Valley. He truly cares about the entrepreneurs that he backs. He gets involved and provides real help to the companies, beyond the money. 
Gil is one of the most honest, trustworthy and truthful person I have ever met in my life. He is by far one in a billion in my book and on super smart angels who envision where the industry is heading and he has been right nearly every time though with risk included to recommend participation in...more
Co-investing and working with Gil on UXPin was amazing. Speed, great advise, an amazing network. He encourages, inspires, connects or shouts whatever is most needed. Gil is an awesome investor and advisor.
Gil is super helpful and friendly
Gil Penchina is regarded as one of the top Angels on AngelList for his many syndicates and his success on the platform
Shawn is incredibly responsive and a great partner to have. We're excited for what will come as a result of the relationship.
Ry Walker
For Shawn Merani @ Flight.vc's work at Midwest Technology by Flight.vc
Partner at Flight Ventures
Gil Penchina @ Flight.vc
For Shawn Merani @ Flight.vc's work at Education Technology by Flight.vc
Shawn works with Gil Penchina who is co-founder of Crux Ventures Angelist syndicate.
Daniel Hoffer
For Shawn Merani @ Flight.vc's work at Crux Ventures
Raise money from value-add investors
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Access to private deals
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