From Wikipedia, the free encyclopedia
This article needs to be updated . Please help update this article to reflect recent events or newly available information. (January 2024 )
Super angel (or "super-angel") was a term used in the early 2010s to describe
venture capital investors who had once been
angel investors and subsequently raised small venture capital funds.
[1]
Super angels share some characteristics of both
angel investors and
venture capitalists . According to
Fast Company , super angels "raise funds like venture capitalists but invest early like angels and in sums between the two, on average from $250,000 to $500,000."
[2] Unlike traditional angel investors, they are typically professionals for whom investing is their primary occupation.
[3]
Features
Some common features of super angels include:
Creating a professionally managed
investment fund
[1]
Serial investing (investing in numerous startup companies)
Investing at a
seed round in startup companies
Funding rounds in the (approximate) range of $50,000 to several million dollars, larger than typical "friends and family" rounds but smaller than most
venture rounds
Taking an active role in
portfolio companies
[4]
Raising money from
general partners and other principals, without passive investors in the fund
Fund principals who are experienced
entrepreneurs
Avoid joining boards as a long-term investor.
Close investments in several weeks, considerably faster than venture funds.
[2]
List of investors described as super angels
Name of fund
Key people
Selected portfolio companies
Canvas Ventures
[5]
Rebecca Lynn ,
[6] Paul Hsaio
LendingClub
500 Startups
[7]
Dave McClure
SlideShare ,
CrowdFlower ,
Udemy
Felicis Ventures
[8]
Aydin Senkut
Meraki ,
Mint.com
Floodgate Fund
[9]
Mike Maples Jr., Ann Miura-Ko
Chegg ,
Dasient ,
Digg ,
Twitter
Founder Collective
[10]
Caterina Fake ,
Chris Dixon ,
David Frankel ,
Eric Paley , Micah Rosenbloom
Uber ,
Coupang ,
Trade Desk ,
PillPack ,
SeatGeek
Founders Fund
[11]
Peter Thiel ,
Sean Parker ,
Ken Howery ,
Luke Nosek
Gowalla ,
Causes ,
Facebook ,
Quantcast ,
SpaceX ,
Spotify
Harrison Metal
[12]
Michael Dearing
AdMob ,
Lumosity ,
Aardvark
Lerer Hippeau Ventures
[13]
Kenneth Lerer , Ben Lerer
Lowercase Capital
[14]
Chris Sacca
Twitter ,
bit.ly ,
Uber
SoftTech VC
Jeff Clavier
[15]
Tapulous ,
RapLeaf
SV Angel
[16]
Ron Conway ,
David Lee , Mike Ghaffary, Brian Pokorny (former)
Google ,
Ask Jeeves ,
Facebook ,
BuzzFeed ,
PayPal
Thrive Capital
[17]
Joshua Kushner
Vostu
References
^
a
b Saint, Nick (October 4, 2010).
"Who Are The Super Angels? A Comprehensive Guide" .
Business Insider .
^
a
b Farhad Manjoo (February 2011).
"How "Super Angel" Investors Are Reinventing the Startup Economy" . Fast Company.
^ Pui-Wing Tam and Spencer E. Ante (August 16, 2010).
" 'Super Angels' Alight" . Wall Street Journal.
^ Ingram, Mathew (October 7, 2010).
"Fred Wilson on AngelGate and Where the Web Is Going" . GigaOM. Archived from
the original on October 11, 2010.
^ Szkutak, Rebecca.
"Canvas Ventures Raises $350 Million To Help Bring Intentionality Back To Early-Stage Investing" . Forbes . Retrieved 2022-06-14 .
^ Gage, Deborah (2015-03-02).
"How a Female Partner Rose to the Top of Canvas Venture Fund" . Wall Street Journal .
ISSN
0099-9660 . Retrieved 2022-06-14 .
^ Saint, Nick (October 4, 2010).
"Dave McClure" . Business Insider.
^ Saint, Nick (October 4, 2010).
"Felicis Ventures" . Business Insider.
^ Saint, Nick (October 4, 2010).
"Floodgate" . Business Insider.
^ Saint, Nick (October 4, 2010).
"Founder Collective" . Business Insider.
^ Ricadela, Aaron (April 2, 2007).
"VCs Aim to Out-Angel the Angels" . Business Week. Archived from
the original on April 6, 2007.
^ Loizos, Connie (2018-03-27).
" "Time to keep going" says Harrison Metal, closing on a new, $68 million fund" . TechCrunch . Retrieved 2022-11-05 .
^ Saint, Nick (October 4, 2010).
"Lerer Ventures" . Business Insider.
^ Saint, Nick (October 4, 2010).
"Lowercase Capital" . Business Insider.
^ Destin, Fred (August 6, 2010).
"Super Angels, Lean VCs, Proto-Incubators, Whatever" . Fast Company.
^ Tomio Geron (October 18, 2010).
"Ron Conway's Big Deals: How He Found Google And Facebook" . Wall Street Journal.
^ Saint, Nick (October 4, 2010).
"Thrive Capital" . Business Insider.
Investment types
History Terms and concepts
Investors Related financial terms