Big news: AngelList alumni have raised over $1.1 billion from angels and VC’s on AngelList and beyond. Sarah Lacy has a detailed analysis.
Most of the $1.1 billion happens in the big rounds after AngelList. For example, Uber raised $1.25M in their AngelList round and went on to raise $43M after “graduating” from AngelList.
Big surprise, the distribution is a power law.
Interesting markets (there is overlap between markets)
silicon valley: $572M
san francisco: $458M
new york: $136M (NY beats LA by 2x and MA by 3x)
los angeles: $67M
To $10 billion and beyond.