Term for venture capitalists who invest early
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Super angel (or "super-angel") was a term used in the early 2010s to describeventure capital investors who had once beenangel investors and subsequently raised small venture capital funds.[ 1]
Super angels share some characteristics of bothangel investors andventure capitalists . According toFast 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]
Some common features of super angels include:
Creating a professionally managedinvestment fund [ 1] Serial investing (investing in numerous startup companies) Investing at aseed 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 mostventure rounds Taking an active role inportfolio companies [ 4] Raising money fromgeneral partners and other principals, without passive investors in the fund Fund principals who are experiencedentrepreneurs 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 [ edit ] Name of fund Key people Selected portfolio companies Canvas Ventures[ 5] Rebecca Lynn ,[ 6] Paul HsaioLendingClub 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 RosenbloomUber ,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 LererLowercase Capital [ 14] Chris Sacca Twitter ,bit.ly ,Uber Luminar Ventures[ 15] Magnus Bergman Truecaller ,Prezi SoftTech VC Jeff Clavier[ 16] Tapulous ,RapLeaf SV Angel [ 17] Ron Conway ,David Lee , Mike Ghaffary, Brian Pokorny (former)Google ,Ask Jeeves ,Facebook ,BuzzFeed ,PayPal Thrive Capital [ 18] Joshua Kushner Vostu
^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 fromthe original on October 11, 2010. ^ Szkutak, Rebecca."Canvas Ventures Raises $350 Million To Help Bring Intentionality Back To Early-Stage Investing" .Forbes . Retrieved2022-06-14 . ^ Gage, Deborah (2015-03-02)."How a Female Partner Rose to the Top of Canvas Venture Fund" .Wall Street Journal .ISSN 0099-9660 . Retrieved2022-06-14 . ^ 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 fromthe 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 . Retrieved2022-11-05 . ^ Saint, Nick (October 4, 2010)."Lerer Ventures" . Business Insider. ^ Saint, Nick (October 4, 2010)."Lowercase Capital" . Business Insider. ^ Taylor, Dan (January 20, 2022)."Luminar Ventures" . Tech.EU. ^ 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.
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