Congratulations! I find the Snowball Fund structure a little confusing, but I’m looking forward to sharing dealflow between the Snowball Fund and EA Angels. We’ve seen a couple of pitches so far from EA Entrepreneurs at EA Angels: -EdTech (Europe) - no funding commitments -FinTech (UK) − 2 funding commitments in discussion
And we have a couple more pitches in the pipeline to see in Apr/May: -FinTech (Europe) -RealWorldTech (USA)
My assumption is that there is probably room for several EA-themed funds, syndicates and Angel Investment Groups. At this point, the bottleneck seems to be EA Entrepreneurs actively building for-profit startups. For me and other members of EA Angels, our counterfactual is helping non-EA founders succeed with their for-profit startups; we’d prefer to help EA founders!
Congratulations! I find the Snowball Fund structure a little confusing, but I’m looking forward to sharing dealflow between the Snowball Fund and EA Angels. We’ve seen a couple of pitches so far from EA Entrepreneurs at EA Angels:
-EdTech (Europe) - no funding commitments
-FinTech (UK) − 2 funding commitments in discussion
And we have a couple more pitches in the pipeline to see in Apr/May:
-FinTech (Europe)
-RealWorldTech (USA)
My assumption is that there is probably room for several EA-themed funds, syndicates and Angel Investment Groups. At this point, the bottleneck seems to be EA Entrepreneurs actively building for-profit startups. For me and other members of EA Angels, our counterfactual is helping non-EA founders succeed with their for-profit startups; we’d prefer to help EA founders!
Great! Looking forward to working together.