3 YEAR PERSONAL INVESTING TRACK RECORD (2018-2020) as of July 2024
Total invested: over $1.3M across 100+ companies (2.6 net TVPI, 22% IRR)
- 2018 net TVPI and IRR: 1.5, 8%
- 2019 net TVPI and IRR: 2.2, 18%
- 2020 net TVPI and IRR: 4.1, 44%
Includes returns on capital through angel investments and third party syndicates. Fiscal year is Q2 through Q1 of the following year. TVPI and IRR are net of fees and carry, marked based on actual share prices, not SAFE or convertible note caps.
Key angel investments (*exit*): *Redfin* (IPO at 120X MOIC), *Accept* (acq. by Homelight), *Agreemint* (acq. by ISG), AvantStay (9X TVPI), Axiom Space (Series A –> Unicorn), *Billpocket* (acq. by Kushki Pagos), Carta, *Clearbit* (acq. by HubSpot), Chipper Cash (21X TVPI), Clicoh (15X TVPI), *Drop Party* (acq. by Flexa), Flexport, *Gabi Insurance* (acq. by Experian), *Grove Collaborative* (SPAC), *Hypoint* (acq. by ZeroAvia), *Interprime* (acq. by Rho), Jeeves (90X TVPI), Jumbotail, Kernal Bio, Kushki Pagos (9X TVPI), *Leagueside* (acq. by TeamSnap), One Finance* (acq. by Hazel), Parsable, *Properly* (acq. by Compass / Pine Financial), *Repeat.gg* (acq. by Sony PlayStation), Spenmo (18X TVPI), Volumetric* (acq. by 3D Systems) and *Yassir* (15X MOIC secondary).
AngelList SPVs: From 2021-2022, I ran SPVs that raised $15M for 75 companies on this syndicate and Rob Ness Syndicate. As of July 2024, they sit at the bottom of the J-curve at a 1.3 TVPI. Key deals on Rob Ness Syndicate include:
Kernal Bio (designer mRNA therapeutics)
Flux Auto (self driving trucks and forklifts for businesses)
Miles (frequent flier miles for everything)
Pipedream Labs (underground delivery logistics)
unspun (3D-printed jeans)
Cytoreason (cell-level models for drug discovery)
Obtainly (Financing for B2B commerce in Nigeria).
HILOS (B2B – recyclable shoes)
Genomelink (app store for your genome data)
Caire Health (ML-powered brain bleed diagnostics)
Heimdal (trapping CO2 in concrete and glass)
ODWEN (marketplace for Indian warehouses)
SFA Therapeutics (cures for autoimmune disorders)
Rito / Corner Kitchen (automated food service)
Quantum Designed Materials (room-temperature superconductors)
iMicrobes (programmable microbes that eat methane)
Yodo1 (mobile gaming ad and monetization platform)
Swan Bitcoin (Bitcoin financial services)
Pirouette Medical (reinventing the needle)
Volopay (corporate credit cards for Southeast Asia)
Promakhos (curing inflammatory diseases using the innate immune system)
Fonbnk (converts mobile airtime to crypto in Africa)
Boundary Layer Technologies (hydrogen-powered hydroplanes)
Lootlocker (Shopify for indie game developers)
Stownest (Indian self-storage network)
BERKM (new bottles with less plastic)
Leia (glasses-free 3D)
Quaise Energy (tapping geothermal energy)
Lal10 (Faire meets Shopify for India)
Clear Gene (PCR 2.0)
Nectar (Pipe for real estate)
Swiftshift (managed marketplace for nursing teams)
Inhalon Biopharma (inhaled antibodies for acute respiratory infections)
HQV (hydrogen production with carbon byproducts)
Clicoh (fulfilled by Amazon for LATAM)
Priyoshop (B2B marketplace for Bangladesh SMB)
Rent SmallSmall (African rental marketplace)
Endiatx (telehealth pill-sized robot)
Posh Robotics (EV battery recycling with robots)
Enlightra (lasers for data transfer)
Earthgrid PBC (rebuilding infrastructure using plasma to dig tunnels)
Wave Engine (a new jet engine with no moving parts)
Sigma Genetics (magnetic fields to deliver genetic therapies)
Oncoxome (exosome treatments for cancer)
Array Labs (3D satellite imagery)
Earth AI (machine learning to find rare earth deposits)
QuSecure (post-quantum cryptography)
Genecis Bio (turning organic waste into plastic)
Boitas (SYSCO for LATAM)
Ligandal (synthetic peptides for gene therapy vectors)
Rescan (ultrafast 3D scanning of commercial spaces)
Slingshot Aerospace (space situational awareness)
Veeve (retail smart carts and store OS)
Volato (fractional jet ownership with P2P rental)
Players’ Lounge (betting on video games)
Tortoise (grocery delivery robots)
Acoutera (home renovations)
Deep Sentinel (computer vision home security)
CapConnect+ (commercial paper and bond issuance marketplace)
Eva (SMB automated pricing and ads for e-commerce marketplace sellers)
Overplay (turn any video into a video game)
Green Canopy Node (rapid onsite assembly of complete homes)
Corvus Robotics (warehouse management with drones)
Dapio (POS mobile payments platform)
Tuli Health (turning pharmacies into diagnostics centers)
FENIX (e-commerce B2B logistics for MENA)
Gradient Health (training data for medical ML models)
Invown (fractional home equity and debt marketplace)
Kahoona (1st party data mgmt for adtech)
NewHomesMate (new construction home marketplace)
Vartega (carbon fiber recycling)
Literal (turn books into chats for edtech)
Homie (flat fee residential brokerage)