Have you had experience with Angel List rolling funds? What are the pros and cons? | Decile Group

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Have you had experience with Angel List rolling funds? What are the pros and cons?

Have you had experience with AngelList rolling funds? What are the pros and cons?

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Answered by

Community Member

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Jun 30, 2023

Rolling Funds by AngelList are a distinct product for part-time amateur or prosumer fund managers. The pros are:

- They are easy to set up

- There are tools to manage them

- They have a community of opportunities

The cons are:

- The manager is a consultant, not an owner of the fund

- Managers do not get fund credit for their track record

- The fees and expenses are very high

As a rule, VC Lab and Decile Group do not support Angel List products because they are designed for managers that are not serious about the craft of running a venture capital firm.

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