In addition to traditional angel network member direct investments in startups, NTAN also facilitates an "open source" syndicate lead investment platform for our members as well as other groups interested in co-leading syndications. The syndicate lead investor(s) shares their due diligence and investment memo with fellow investors and syndicate backers (standby deal LPs), and earns the corresponding carried interest for doing so. Attracting fellow investor support is a useful gauge in vetting perceived deal merit.
For those who are new to angel investing (or too busy to do their own deal sourcing and vetting), participating as a syndicate backer is a good way to gain exposure to startup investment opportunities vetted by experienced investors. NTAN and syndicate leads do not represent to be investment advisors and each investment decision is the sole responsibility of the investor.
The SPV syndication model also allows for participation with other startup investing groups to leverage the NTAN syndicate backer network, and as a model to build their own syndicate network, and/or combine funding efforts between networks.
Our network provides investors with the opportunity to educate themselves by reviewing dealflow, collaborating in due diligence with other investors, and participating in structures with flexible investment amounts to allow for increased diversification.