The Most Effective Way to Build and Grow Your Own Venture Syndicate

07/10/24 • 8 min

I’m thrilled to share some exciting insights from our latest podcast episode featuring Jed, the mastermind behind Angel School VC. If you’re passionate about venture investing or curious about the world of syndicates, this episode is a must-listen. Here’s a sneak peek into the key takeaways and intriguing ideas we discussed:

Key Lessons and Ideas:

Venture Syndication Demystified: Jed breaks down the concept of venture syndication, explaining how it bridges the gap between startups seeking capital and investors hunting for deal flow. Think of syndicates as the matchmakers of the venture world!
The Power of Larger Checks: Discover how syndicates can write substantial checks, starting at $100,000 and scaling up to million-dollar investments. This approach opens doors to a broader range of opportunities for both startups and investors.
Serving the Investor Community: Learn how syndicates cater to business angels, high net worth individuals, and family offices, providing them with the expertise and resources they might lack. Syndicates offer due diligence and curated deal flow, making them invaluable intermediaries.
Overcoming Syndicate Challenges: Jed shares the common pitfalls in syndicate execution, such as building investor networks and managing the syndication process. He reveals his journey of creating a scalable and efficient syndicate, leading to 100% inbound acquisition of limited partners (LPs).
Angel School VC’s Mission: Get inspired by Jed’s venture, Angel School VC, which aims to empower angel investors to become super angels and lead their own syndicates. The global community of investors they’ve attracted is a testament to their success.
Systematic Approach to Syndication: Jed emphasizes the importance of a systematic approach, including scripts, FAQ lists for resistance handling, and comprehensive marketing strategies. He even offers a free syndicate e-book on the Angel School VC website for those eager to dive deeper.

Curiosities to Spark Your Interest:

Jed’s Unique Workflow: Discover the innovative workflow, automations, and systems Jed developed to scale his syndicate effectively.
Global Community: Be amazed by the global network of investors that Angel School VC has built, fostering a collaborative and supportive environment for venture enthusiasts.
Free Resources: Don’t miss out on the free syndicate e-book available on the Angel School VC website, packed with valuable insights and practical tips for building your own syndicate.

Call to Action:

Ready to dive into the world of venture syndication? Tune in to our latest

Next Steps

Share your thoughts with a review - https://www.thedealscout.com/reviews/
Let's connect on LinkedIn -
https://www.linkedin.com/in/susan-reilly-64150722a/
Subscribe and Watch on YouTube - https://www.youtube.com/channel/UCBQN_Y3nhDGClfMxCSBDjOg

Disclaimer: The content shared on this podcast is for informational purposes only and should not be taken as financial, legal, or tax advice. The views and opinions expressed are those of the host, Susan Reilly, and any guests, and do not necessarily reflect the official policy or position of any agency or organization.

Susan Reilly is a licensed real estate broker, but this podcast is not a substitute for professional advice. We strongly recommend that you consult with a qualified financial advisor, legal counsel, and tax professional before making any financial decisions or taking any actions based on the information provided in this podcast.

Key Lessons and Ideas:

Venture Syndication Demystified: Jed breaks down the concept of venture syndication, explaining how it bridges the gap between startups seeking capital and investors hunting for deal flow. Think of syndicates as the matchmakers of the venture world!
The Power of Larger Checks: Discover how syndicates can write substantial checks, starting at $100,000 and scaling up to million-dollar investments. This approach opens doors to a broader range of opportunities for both startups and investors.
Serving the Investor Community: Learn how syndicates cater to business angels, high net worth individuals, and family offices, providing them with the expertise and resources they might lack. Syndicates offer due diligence and curated deal flow, making them invaluable intermediaries.
Overcoming Syndicate Challenges: Jed shares the common pitfalls in syndicate execution, such as building investor networks and managing the syndication process. He reveals his journey of creating a scalable and efficient syndicate, leading to 100% inbound acquisition of limited partners (LPs).
Angel School VC’s Mission: Get inspired by Jed’s venture, Angel School VC, which aims to empower angel investors to become super angels and lead their own syndicates. The global community of investors they’ve attracted is a testament to their success.
Systematic Approach to Syndication: Jed emphasizes the importance of a systematic approach, including scripts, FAQ lists for resistance handling, and comprehensive marketing strategies. He even offers a free syndicate e-book on the Angel School VC website for those eager to dive deeper.

Curiosities to Spark Your Interest:

Jed’s Unique Workflow: Discover the innovative workflow, automations, and systems Jed developed to scale his syndicate effectively.
Global Community: Be amazed by the global network of investors that Angel School VC has built, fostering a collaborative and supportive environment for venture enthusiasts.
Free Resources: Don’t miss out on the free syndicate e-book available on the Angel School VC website, packed with valuable insights and practical tips for building your own syndicate.

Call to Action:

Ready to dive into the world of venture syndication? Tune in to our latest

Next Steps

Share your thoughts with a review - https://www.thedealscout.com/reviews/
Let's connect on LinkedIn -
https://www.linkedin.com/in/susan-reilly-64150722a/
Subscribe and Watch on YouTube - https://www.youtube.com/channel/UCBQN_Y3nhDGClfMxCSBDjOg

Previous Episode

The Role of a General Partner (GP) at a Venture Capital Firm (VC)

I’m thrilled to share with you the latest episode of The Deal Scout, where I had the pleasure of sitting down with Guy, a seasoned venture capitalist with over 35 years of experience. This conversation is packed with invaluable insights, lessons, and a genuine look into the world of venture capital. Here are some key takeaways that I believe will spark your curiosity and entice you to tune in:

Key Lessons and Insights:

The Journey into Venture Capital:
- Guy’s serendipitous entry into venture capital post-business school.
- The evolution from associate to general partner and the founding of Alta Partners.
- Raising eight funds worth $2 billion and managing a portfolio of 180 deals.
The Role of a General Partner (GP):
- Demystifying the responsibilities of a GP beyond just investing money.
- Balancing multiple roles: deal sourcing, board meetings, portfolio management, and fundraising.
- The importance of empathy and understanding the challenges of fundraising from both sides.
Handling Failure:
- Cultural perspectives on failure and the growth mindset in America.
- Personal anecdotes of failed ventures and the emotional toll on both entrepreneurs and investors.
- The significance of authenticity, seeking support, and maintaining internal fortitude during tough times.
Smart Capital vs. Dumb Capital:
- The value of partnering with VCs who offer wealth, wisdom, and work.
- The long-term benefits of strategic partnerships over merely accepting financial investments.
Postmortem Process:
- The importance of open communication and transparency with investors and board members after a failure.
- Engaging in honest conversations about successes and failures to foster authentic connections.

Curiosities and Highlights:

Guy’s Experience with IPOs:
- Taking 100-110 companies public and the expertise developed in the process.
- The intricate details of managing a life sciences-focused venture capital firm.
Emotional Toll of Failure:
- Guy’s personal story of a failed clinical trial and its impact.
- My own experiences with business failure and the lessons learned.
Community and Gratitude:
- The importance of expressing gratitude and building a supportive community in the dealmaking world.
- Guy’s willingness to connect with entrepreneurs and share his insights.

This episode is a treasure trove of knowledge for anyone interested in venture capital, entrepreneurship, and the intricate dance of dealmaking. I encourage you to

Next Steps

Share your thoughts with a review - https://www.thedealscout.com/reviews/
Let's connect on LinkedIn -
https://www.linkedin.com/in/susan-reilly-64150722a/
Subscribe and Watch on YouTube - https://www.youtube.com/channel/UCBQN_Y3nhDGClfMxCSBDjOg

Next Episode

How Mentorship and Goal Setting Can Transform Your Entrepreneurial Journey With Cliff Locks

I’m thrilled to share some incredible insights from our latest episode of "The Deal Scout." This time, I had the pleasure of sitting down with Cliff Locks, a seasoned expert in private equity and business. Our conversation was packed with valuable lessons and intriguing ideas that I’m sure you’ll find both enlightening and actionable.

Here are the key takeaways:

1. The Power of Cash Flow

Why It Matters: Cash flow is the lifeblood of any business. Cliff emphasizes that understanding and managing cash flow is crucial for sustaining operations and fueling growth.
Actionable Insight: Prioritize cash flow management to ensure you can meet payroll, pay bills on time, and invest in growth opportunities.

2. Strategic Business Planning

Importance: A well-defined business plan guides decision-making and helps identify potential challenges and opportunities.
Pro Tip: Take the time to write down your goals. Cliff shares that only 3% of people have their goals written down, yet this practice is a critical step toward achieving success.

3. Mentorship and Knowledge Sharing

Responsibility: Successful individuals have a duty to mentor the next generation. Cliff believes that by sharing knowledge and resources, we can cultivate future business leaders.
Get Involved: Consider offering internships or mentorship opportunities to young professionals in your network.

4. Building and Selling Companies

Experience: Cliff has built and sold three companies, with the last one being sold to a Fortune 500 company.
Key Insight: Understanding future cash flow is essential for buyers. Trust and transparency in business dealings are crucial for achieving higher multiples during sales.

5. The Role of Technology and AI

Future Outlook: Cliff discusses the potential impact of generative AI on businesses, enhancing productivity and allowing team members to focus on higher-value tasks.
Stay Ahead: Keep an eye on technological advancements and consider how they can be integrated into your business strategy.

6. Family Dynamics and Wealth Transfer

Challenge: Wealth often diminishes across generations. Cliff shares that 60% of wealth is gone by the second generation and 90% by the third.
Solution: Spend quality time with your children, teaching them the value of entrepreneurship and hard work. Involve them in investment opportunities to impart practical financial knowledge.

7. Personal Responsibility

Next Steps