Love this. Investing in 4 or 5 of these funds means insta-diversifying to 400 / 500 startups selected by a AngelList committee, with minimal effort. Brutal.
Every investment is selected by an investment committee at AngelList.
A single investment gets you exposure to each fund's target of 100 startups.
Investing in a fund doesn't cost you any more carry than investing in each startup individually
This is great news for investors, startups, and society at large who will benefit from job creation and the products these startups create as a result of the funding they receive. Angellist never ceases to amaze me.
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Peek
Startup TV
This is PM - User Engagement is Product Management