Val Kleyman — Lead Syndicator, AdValorem Syndicate dba Angel Deal Syndicate, LLC
-------------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------------
Cerebras IPO Win: From $101.5K to ~$770K: ❤️ Thank You, Cerebras LPs!
Thank You, Cerebras LPs! ❤️ This is YOUR win. Enjoy it! Now, let's do it again and again!
- Our Cerebras SPV just crossed a major milestone: with the Cerebras IPO clearing above 350/share, our $101,500 SPV with 2,200 shares is now worth roughly $770,000 on paper, before fees and carried interest, representing an approximate 7.6x gross multiple for our LPs on this single deal. - 5/14/26
👉👉👉 FREE Deal Flow: AdValorem.Substack.com
-------------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------------
Some of the companies we invested in: SpaceX, Perplexity, Cerebras, OpenAI, xAI, Neuralink, and many more.
- I pay up to 50% carry if you help me find investors or co-invest. No one does this. Only me. Ride the bus with us.
- I back the frontier — AI, Robotics, Physical AI, Quantum, Blockchain, and Deep Tech. Accredited/Qualified Investors get FREE deal flow in the latest venture-backed companies.
Come say hi
- The door's open — I actually reply. Catch me on X for unfiltered takes on deals and markets, LinkedIn for the longer investor conversations, or pull up a chair in our Discord where LPs, founders, and co-investors trade signal in real time. Whether you're looking to invest, co-invest, or just kick the tires — start a conversation.
- Capital formation is enterprise sales. Over four years I built a 660-LP network from a cold start — not by chasing deals, but by building the boring infrastructure (subs docs, KYC, capital calls, reporting) that makes LPs deploy fast. First OpenAI allocation went in at $157B; it's now marked at $852B.
- Q1 2026 was the largest VC quarter ever — $300B into ~6,000 startups, and the DOL just opened the $8T 401(k) market to alternatives. Power-law math means you need 15–20+ positions, not 2–3. We're built for that breadth — across physical AI hitting the factory floor (Figure at BMW, Tesla Optimus, $6B robotics quarter) and the broader AI buildout.
The Newchip Warrant Portfolio — 4x–6x+ existing markups
- The largest court-ordered liquidation of startup warrants in history. Angel Deal Syndicate, LLC won the court-approved auction — 81+ companies that have raised $186M+ post-issuance. More →
The AdValorem Stack
- Invest 👉 🚀 GP.AdValorem.io — syndicate, deal flow, LP onboarding
- Build 👉 🧠 AI.AdValorem.io — stop learning AI, start installing it: Implementation Masterclass for operators who want ROI this quarter, not someday
- Give 👉 💖 LoveHumanity.charity — onchain philanthropy where every donation is traceable, measurable, and matched to real-world impact. Generosity, redesigned for the digital era.
- Founder execution · large scalable markets · stage-flexible with disciplined entry valuations · high conviction in AI, Deep Tech, Robotics, Quantum, Blockchain.
- Startup investing is illiquid, long-dated (10+ years), and most companies fail — only invest capital you can afford to lose; cap this category at ~10% of assets. Educational only, not an offer or solicitation. Participation requires accreditation and full review of PPM, LPA, and Subscription docs. AdValorem and affiliates are not licensed broker-dealers. Securities are unregistered under the Securities Act of 1933. Past performance ≠ future results.
Investment Criteria
- Founder Quality and Execution: We prioritize companies led by driven, resilient founders with strong technical and operational execution.
- Market Opportunity: Preference is given to startups with large, scalable markets and clear paths to value capture.
- Stage Flexibility: We invest across early- and later-stage rounds, emphasizing favorable entry points and growth potential.
- Valuation Discipline: We favor companies with reasonable pricing relative to traction and market positioning.
- High-Conviction Sectors: AI, Deep Tech, Robotics, Quantum Computing, and Blockchain Infrastructure are our core focus areas.
Disclosures and Risk Notice
Startup investing involves substantial risk, is illiquid, and follows long cyclical timelines. Investors must be accredited and fully understand the risks of alternative assets.
- Diversification is essential: Successful angels often make small bets across a broad portfolio.
- Liquidity horizons may exceed 10 years, even for well-performing companies.
- Most startups fail. Only invest capital you can afford to lose.
- Allocate no more than 10% of total assets toward this category.
Disclaimer
This summary is for educational purposes only and is not an offer to sell or a solicitation to buy securities. Participation requires full qualification, review, and acknowledgment of governing documents (PPM, LPA, Subscription Agreements). AdValorem and its affiliates are not licensed broker-dealers. Securities mentioned are unregistered under the Securities Act of 1933 and applicable state laws. Past performance is not indicative of future results.
