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Invest with Craig Berger, CFA CPA
Back Syndicate
8
Expected Deals/Year
0
Unique LPs have invested
Note from Craig Berger, CFA CPA
Hello and thanks for looking at my syndicate profile. As you may know, AngelList allows companies to raise startup capital, and allows groups of individuals to easily invest small amounts of money in these young companies. Here is additional detail for you if you may be considering investing your capital alongside with mine: Syndicate details. I have formed, and lead, an investment syndicate group on AngelList. I welcome your participation to invest alongside me: • I invest my personal money in these firms. • I do the due diligence, firm research, market research, valuation analysis, management assessment, and other analyses of these firms to identify the very best investment opportunities. • I provide periodic updates as to the status of these investments, and make you aware about future capital raises, shareholder votes, or other happenings. • The minimum investment in any one deal is $5,000. This is a small amount so you can participate in multiple deals per year while still limiting your overall investment exposure. Your total minimum annual investment commitment is roughly $25K, or you can invest more. • The 'Carry' is 15%. That means that 15% of the profits of any deal goes to the house (10% goes to me for doing the research, investment decisions, and ongoing updates; the other 5% goes to AngelList website). If a deal does not make a profit then there is no carry charge assessed, as the Carry is based on profits only. • 5-7 Years to Exit. In all likelihood, technology startup firms can take an average of 5-7 years in order to achieve some monetization event. Some investments will never monetize, and hopefully some of our investments will monetize in a meaningful way, with the plan being our gains far surpass our losses in total, and leading to long-term alpha value creation. Investment Methodology. There are a number of key characteristics I seek for our portfolio investments: • Large market opportunity. • Differentiated product offering. • First to market advantages. • Financial monetization model that makes sense. • Strong management team with prior track record of success. • Likelihood of acquisition or eventually IPO exit event capabilities. • Reasonable valuation multiples, with likelihood of future raises at much greater valuations. Various benefits of Syndicate investing. There are a number of reasons why syndicate group investing is a great way to produce outsized value over time: • Diversifies your investment holdings outside of equities, real estate, or your business by buying into early stage startup firms • Low valuations with great upside potential. This syndicate will allow you to invests in firms with great growth prospects at low valuations of $2M-$6M (typical). This is far below public market valuations of $500M-$2B that companies are seeing today (and far, far below the $19B that Facebook paid to acquire Whatsapp). This is how we create wealth, invest in an Uber, a Tumblr, a Whatsapp at a $4M valuation and see the investment grow 100-fold. • Gives you access to investment opportunities that, until very recently, only top tier Venture Capital firms had access to. This is because the 'Jobs' act of 2012 allows for crowdfunding and other similar activities previously not allowed. • I do the work, due diligence and research, and you substantially share in the benefits! I am qualified to invest in startup firms. I believe I am qualified to invest in startup firms for a number of reasons: • I spent more than a decade valuing tech firms for Wall St. brokerages including Citigroup and FBR Capital Markets. I understand how to look at a firm's financial results, or potential financial results, and translate that into useful and thoughtful valuation ranges today. • I am well versed in industry multiples for P/E, EV/EBITDA, and EV/Sales ratios. I can quickly put together Discounted Cash Flow analyses to also value firms. • I have consulted to hedge funds in the past about Tech IPOs, valuations, and performed related due diligence on young tech firms. • I am acting CFO of a tech startup right now Thirstie.com and have unique insights into what happens behind the scenes at a startup firm. I have worked on other startup firms in the past in official and unofficial capacities. • I spend time with VCs, Angel Investors, and tech firms at MeetUp events, investor events (like FundingPost), crowdfunding forums, and others. This gives unique insight into whats happening at tech startups, and with investors, including how other Angel Investors think about investing in startups. Thank you for considering investing alongside with me, and do let me know if you have any questions or comments. Best regards, Craig cell 314-495-6665 bergercraig@gmail.com
Dealflow
Yes, we will syndicate all deals.
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Team
Craig Berger, CFA CPA
Craig Berger, CFA CPA
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