AngelList Raising A Big Round, To Be Valued at $150 Million Or More

http://techcrunch.com/2012/12/14/angellist-to-be-valued-at-150-million-or-more/

by zosegal • 14 years ago

40 15 14 years ago

techcrunch.com

bravura• 14 years ago

What is the correct way to use angel list if you're not currently fundraising? How should one engage on the site?

What is the strategy in deciding who to follow?

How do you attract people to follow you?

momoro• 14 years ago

* Hire people at https://angel.co/candidates

* Browse jobs at https://angel.co/talent

* Follow markets you're interested in at https://angel.co/markets

* Apply to incubators (e.g. techstars)

Lots more.

DanBlake• 14 years ago

Congrats to Naval and Team.

He was instrumental in helping me out when I was new to the game and of all the investors/angels I have dealt with, he is the most down to earth and awesome in many ways.

I feel very confident that he is one of the few guys in the valley who actually cares about helping entrepreneurs and is not in it for the cash. Angellist's success is proof of that.

prateekdayal• 14 years ago

It is also pretty awesome that Naval tries to help out startups outside the valley (and outside the US). In fact, not just Naval but other people in the team really want to help startups succeed and will reach out to you and talk to you. Great company DNA. Congratulations!

joshfraser• 14 years ago

I'm a huge fan of both Naval and AngelList. They have done so much already to make life better for entrepreneurs. I'm excited to see what they do with the cash infusion when it comes.

inspiredworlds• 14 years ago

AngelList is a game changer. Great idea and execution. I like how they are moving into other areas like startup recruitment and facilitating the financing process by providing standardised docs, electronic signatures, etc..

timdorr2• 14 years ago

Any idea why they need $150m? Any thoughts on what that kind of cash would be used for? That could give you more employees than Twitter.

jewel• 14 years ago

Unless I misunderstand things, a valuation of $150m means that the company is worth $150m, not that they'll be raising that much. Instead they'll be selling a shares of the company at that valuation, so if they sell 10% they'll get $15m.

neya2• 14 years ago

Can you please share with us some resources (if you may have) on how these companies are valued? What metrics, parameters are taken into account while evaluating a company's worth?

Thanks!

timdorr2• 14 years ago

Oh, that's my fault completely then. I misread it as the round itself being valued at $150m, not the company. That makes a lot more sense.

vm• 14 years ago

Naval has been a prolific angel investor over the past few years. It would be interesting if some of this capital is used for direct investments out of AngelList. Years ago Sequoia did something like that by investing in YCombinator, and multiple venture funds created a similar structure when they invested in Betaworks.

friendstock• 14 years ago

I wonder if they raised the round on... AngelList? :P

billywalsh• 14 years ago

Must be easy to raise lots of funding from top investors when every investor worth is salt is a regular user of your product!

AngelList Raising A Big Round, To Be Valued at $150 Million Or More

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