So you want to start a VC firm?
samir kaji

Having started a micro-fund in the pre-AngelList syndicate days, I actually think we’ll see a slowdown in new micro-funds as people realize it is much easier to use AL as a platform to get started, but without all the headaches of fund admin.

Sure AL takes a carry, but as pointed out, fund admin does not scale so the benefits of not doing that work and using that time to focus on making/managing investments is likely a good trade-off.

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