This syndicate invests in later stage (non-angel deals) As a result check sizes can be larger
Unfortunately the syndicate software forces me to pick a "typical investment amount". In reality two things drive my investments, so I will attempt to clarify our co-investment model. I've deployed over $1mm into angelList deals and funds I'm involved in and deal by deal the following drives our investment amount:
1. I try to invest 1-5% of each investment (roughly in line with VC's who will invest 1-2% of their fund's total amount)
2. Sometimes I invest more because I guarantee the founder a certain amount and I make up the difference if the syndicate comes up short.
Anyone considering an investment in A syndicate 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 seven years, or more without liquidity.
The syndicate and our Fund with both try to invest in late stage deals.