syndicator in A Sentence

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    The Syndicator then works to collect the capital via AngelList, which takes a couple of weeks.

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    The Syndicator will write a personal note that will go out to the target audience explaining the why;

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    At that point the Syndicator and the CEO collaborate to decide whose reservations to accept, modify or reject.

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    After a few days or a few weeks, whether the Syndicate is undersubscribed or oversubscribed, it's closed by the Syndicator.

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    Attract brand-name investors you don't have access to but might get via your Syndicator or as commitments are shared.

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    If you want more support than they can offer, ask them to come in as an individual on your cap table and find a Syndicator committed to being a value add.

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    While having a Syndicator can greatly reduce the amount of effort involved in raising on AngelList, it's a partnership, which is why finding a Syndicator you want to work with is so important.

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    You will also decide together whether you want to go broad or start with a targeted group of investors which you can reach out to via AngelList if they follow you or your Syndicator, or via email.

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    In exchange for access to the investment and the guidance that the Syndicator is expected to provide to the company over the life of the investment, the Syndicator charges a carry from Syndicate participants(like a VC); you pay nothing.

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    Roll in a bunch of small checks from friends and family into a single entity on the cap table, allowing them to participate in your company's growth while keeping them an arm's length away(as Manager of the Special Purpose Vehicle LLC created to make the investment, the Syndicator will be the primary contact for all members of the LLC).

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