Founders Michael Buckwald and David Holtz were able to connect with…
Here’s what Michael had to say about his AngelList experience…
We were blown away by the quality of investors we got to talk with. Within a few weeks, we’d filled out our round with a brilliant group of investors, guys we probably wouldn’t have met otherwise. Thanks AngelList!
There’s a lot going on in the startup community and quite a bit of it happens on AngelList. While many of our users love to have minute-by-minute visibility to every comment, intro and investment at angel.co, lots of our users simply don’t have the time.
To help the time-challenged among us, we’ve created a new startup activity email. For each startup you’ve followed, you’ll get a weekly update on all of their status updates, comments, and - if you’re an investor - intros and investments. It’s a great way to keep tabs on the startups you follow. This new startup email is still in “beta”, so you should expect more enhancements in the coming weeks. Let us know what you think.
A few weeks ago, we blogged about the new investor selector. It’s a great tool for choosing investors to view your startup. The feedback so far has been great, but quite a few entrepreneurs mentioned that the tool fails to help them find investors in competitors (so that they can exclude these investors from having visibility to their startup’s restricted info).
To remedy this, we just launched a simple but powerful addition to the investor selector: filter by companies.
When you add a company to this filter, we’ll return a list of people who invested in the company, along with team members, and more. This should not only allow you to “de-select” people who invested in competitor companies, but it’s a great tool for finding new people to follow.
We hope you like it.
If you’re an investor on AngelList, you’re familiar with our “share” emails. When we find a gem of a startup, we share it with investors who might be interested. And it’s not just us doing the sharing … any investor can share a startup.
The one downside with shares is that they can take a bit of work … you have to choose your list of recipients and - if you want someone to pay attention - write a comment. Sometimes you just want a lightweight way of saying “I like it” without the analysis.
Enter the “Like”.
When you like something in your Activity feed, that item gets distributed to your followers’ feeds. It’s a dead-easy way of sending something around the AngelList community. Try it out.
Last week, we showed you how entrepreneurs can use the new investor picker filtering features to limit visibility to their startup profile.
We forgot to mention that anyone with an AngelList account - investors, entrepreneurs, all users - can take advantage of these features to find new people to follow. It’s all in the redesigned “People" section. There, you’ll find the same filtering goodness that we blogged about last week: filters for role, people, markets and locations. Check it out.
Every situation is unique. Some entrepreneurs want their startup to be visible to as many investors as possible. Others want to focus on a few specific investors with specific interests. We aim to cover both of these situations, and every one in-between, so we’ve just released the first redesign of our new and improved investor selector.
Perhaps the best way to explain the value of this new investor selector is through a real life use case. Here at AngelList, Nivi has become famous for his inside-out t-shirts, so famous, in fact, that we get swamped with email requests from members of the AngelList and Venture Hacks communities asking to buy Nivi-T’s. The AngelList team has decided to ride this tsunami of demand and pivot our business toward the fashion world. To do this, we need to make connections with people who can help us succeed in this exciting new direction.
To get started, I go to our AngelList startup profile. Down in the restricted information section, I can see the number of users who have visibility. I click edit …
From here, I can either target all users, or a set of users I select. I click “Edit” near the “Visible only to investors I select” option…
Now I’m presented with the new investor selector. The interface has a set of filters on the left, and a sortable table of people matching those filters on the right. I can see at the top the total number of people who have been selected.
One thing that comes to mind in contemplating our new inside-out t-shirt business is that I want as few people to know about this as possible. So the first thing I do on the investor selector is “Select None”. To double check that this really worked, I can see at the top of the screen that the total number of people selected has been set to zero. Nice.
Now I get to work on the filters. We’re at a pretty early stage in this new fashion venture, so I filter roles by “Angel” and “Seed Funds”. Next, we trust Jeff and Manu, so I’ll add them to our list of people filters. I filter markets to “Fashion” and, since we’re based in SF and it might be easier to explain our plans face-to-face, I set location to “San Francisco”. These filters result in a nice clean set of users that match our interests, our situation, and our trust network. I can Command-click (or Control-click) on each of the investors to learn more about them in separate browser tabs. Just about done…
From here, I “Select All” and check that all 11 people have been selected. I click “Done Selecting Investors” …
… and that’s it. My visibility settings now say that my startup’s restricted information is visible to 11 users. Now I’d better go and change the rest of our startup profile to get our pitch just right. Wish us luck.
We hope you like the new investor selector. Expect to see additional refinements as we learn more about how you’re using it, what’s working, what’s not, etc. Let us know what you think.
Most home pages try to sell you with marketing spin. We’re not fans of those kinds of home pages. We’d rather just show you the range of people and startups you can connect with by joining our community. And that’s what our new, experimental home page aims to do.
If you’re looking for investors, you can search by location, market (e.g. “mobile”), or by “who you know and trust”. Let’s say you’re a Seattle startup, with a location-based mobile app and you’ve seen Mixer Labs co-founder and GeoAPI creator, Elad Gil speak at a conference and think he’s a clever guy. The new home page lets you quickly filter through the AngelList community to find investors who may be a match for you. From there, you can drill down and learn more about each investor.
If you’re looking for startups, you can also search my location, market, and people. Let’s say you’re a New York-based investor, looking for opportunities in the advertising space, and you too have a fondness for Elad. The “Find Startups” section of the home page allows you to quickly filter through the universe of AngelList startups to the ones that match your interests.
So if you’ve been thinking about joining AngelList, we hope this new tool gives you enough of a view into our community to nudge you over the fence. Let us know what you think.
(PS: you have to be “logged out” to see this new home page)
The Midas List is well represented on AngelList—23 Midas Listers have AngelList profiles, with a median rank of 50 and mean rank of 49.
We’re thrilled to have such great investors participate in our community:
If you’re an entreprenur and you’d like to pitch these investors, create your startup profile and use the investor picker to select these investors:
Keep in mind that it’s usually best to select as many investors as possible. Our investor picker can be slow sometimes, but we’re building new tools to make this experience awesome too.
Last week, we launched a new personalized startup feed based on the people, locations and markets you follow. The problem is, if you don’t follow anyone or anything, you get a not-so-relevant set of startups in your feed.
Today we’re launching a new feature to help you build your follower graph and improve the personalized-ness of startups in your personalized feed — Recommended People. Milos has cranked out a relevance algorithm to surface people that may be interesting to you. You can quickly and easily follow (or not) these people, and over time, your startup feed will begin to reflect your rich follower graph.
In the coming days/weeks, we’ll be launching more features to help you build your follower graph and improve your startup feed. Keep your eyes peeled.
We know you’re busy. We respect your time and want to make sure that every communication we have with you is high-signal and to the point. To that end, we’re testing out a new digest email format, where you can get bite-sized nuggets of startups we think you might be interested in. See something you like? Follow them, or take an intro. Let us do the work of connecting the right entrepreneurs with the right investors.
In case you haven’t heard, our friends over at AngelPad (no relation) just graduated their second class of 13 startups. We thought they were pretty amazing, so we emailed them out in our new digest format. Those of you who got the email, we hope you liked it (let us know what you think). Those of you who want to play with the cool kids, apply to be an AngelList investor.