One of the questions investors often ask startups is “who else is doing what you are doing?" So it’s only fair that RollingSouth tackles this question too. Since they were launched in February 2020, there have been dozens of AngelList Rolling Funds – many of them on...
So to sum up, Rolling Funds have some attractive new features, like the public fundraising and the flexibility on subscribing and when you invest. But they are fundamentally not that different from what VentureSouth (and other angel groups) have offered for years....
Next, let’s consider some of the challenges and concerns with Rolling Funds, and see how they compare to angel groups. General solicitation: Rolling Funds are publicly solicited, which comes with some implications. The first is that an investor must prove he or she is...
Almost all comparisons of Rolling Funds compare them to traditional venture capital funds; we haven’t found anything that compares Rolling Funds to angel groups. That is odd, because there are a lot of similarities. First, let’s look at the positives of Rolling Funds...
First, the public solicitation is unusual; not new exactly, because there are dozens of funds (including the first VentureSouth Angel Fund) that raised capital publicly under Rule 506(c) (see our article here), but still somewhat unusual. Second, the “rolling model”...
We’ll start with a brief overview of Rolling Funds, in case you haven’t been following their development. (If you have, feel free to skip!) In RollingSouth, an investor commits an amount (say $5,000) per quarter for a specific number of quarters (say 4), and funds...
Last week, VentureSouth launched our first Rolling Fund – RollingSouth. (Are you signed up yet?) AngelList launched “Rolling Venture Funds” last year, and they have been a topic of lively debate since. Much digital ink has been spilled extolling their virtues and how...
So that covers our quick introduction to RollingSouth, the first “Rolling Fund” affiliated with VentureSouth. If you are interested in learning more: You can sign up for a weekly webinar here. We’ll cover more about how the fund works and anything else you would...
As we discussed at the beginning of this series, RollingSouth is a Rolling Fund powered by AngelList. They explain how Rolling Funds work here. There are several things you should consider RollingSouth’s structure – fees, carry, and GP commitment – which we cover in...
September was a very busy month for VentureSouth. We made a lot of exciting announcements! VentureSouth News VentureSouth is excited to announce their newest market, VentureSouth Triangle, in The Research Triangle area of North Carolina. VentureSouth has invested in...