FinTech news in Angellist category

Meet Roundtable, a new startup backed by eFounders that wants to bring community-driven angel investments to European startups. Once it has polished this experience for one-off deals, the company wants to empower super angel investors who wants to become solo general partners with their own small VC fund. Roundtable could be particularly useful for existing angel investors who want to unlock some additional capital for their portfolio companies. Down the road, Roundtable can also handle partial exits in case some investors want to get out of a startup while others want to remain shareholders.

It’s almost formulaic: 409A assessors will tell a startup what public market companies they look like, and the more mature the startup is, the higher the impact public stock prices can have on the startup’s valuation. That’s because a low 409A valuation allows companies to grant their employees stock options at a lower price.

Larsen said the situation with Hannum didn’t affect investors’ attitude towards the funding round, and that ZenLedger had already secured ParaFi as a lead investor before Hannum’s misdeeds were made public.

They include Breyer Capital, Propel VC, Better Tomorrow Ventures, FT Partners, Bain Capital, Lateral Capital, a few family offices, HNIs and a multibillion-dollar crossover fund also known for investing in smaller funds. Rali_cap, an early-stage venture capital firm focused on emerging markets fintech, has launched a $30 million fund.

Some ultra-wealthy investors have made a windfall investing in alternatives using tax-advantaged accounts, a strategy billionaire Peter Thiel used to grow his Roth individual retirement account from $2,000 to $5 billion in 20 years, tax-free. While crypto is one of the fastest-growing areas of interest for Alto users, Satz said he expects demand to grow in other areas, including private company investing and artwork.