The whole archive,
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Cheque sizing, portfolio construction, reserves, syndication and exit expectations for investors building a first angel portfolio.

The commercial, financial, legal, technical and team workstreams our member-led diligence teams complete before an investment decision.

How lead and follower roles are agreed, how allocations are apportioned across chapters and how fees and carry are handled.

The questions diligence teams ask customers, former colleagues and co-investors, and how answers are weighted in the final memo.

Position sizing, pacing across vintages, reserve strategy and the number of investments needed for a durable return profile.

How to decide when to double down, when to hold and how to price information rights against dilution in later rounds.