It depends upon their investment model. The Angels Forum will create a syndicate... | Hacker News

Hacker News new | past | comments | ask | show | jobs | submit

login

skmurphy on Feb 21, 2009 | parent | context | favorite | on: Marc Andreesen Launches VC Fund

It depends upon their investment model. The Angels Forum will create a syndicate and a lead angel for each investment and negotiate for a board seat for the lead.

joshu on Feb 22, 2009 [–]

Ok. Angels _rarely_ take a board seat. If they're taking one, it's not really an angel deal.

(I'm speaking now from both having taken angel investment -- and been one.)

You really shouldn't be giving up that much control in the first go, anyway.

Join us for AI Startup School this June 16-17 in San Francisco!
Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact