Here’s a concise comparison of Start Fund (Decile Group) vs. Rolling Funds (AngelList), highlighting where Start Fund excels:
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Launch Speed: Start Fund: <1 day | Rolling Funds: Weeks
Why Start Fund Wins: Faster setup for quick action. -
Upfront Costs: Start Fund: $0 | Rolling Funds: Low/minor fees
Why Start Fund Wins: No financial barrier to entry. -
Support: Start Fund: Full Admin (legal, tax, admin, software) | Rolling Funds: Basic Admin + Premium Offers
Why Start Fund Wins: More comprehensive, hands-off operations. -
Min. Closing Size: Start Fund: $100K | Rolling Funds: ~$100K-$500K annually
Why Start Fund Wins: Easier to close with less capital. -
Fees Timing: Start Fund: 5% over 2 years (10% total) | Rolling Funds: 2% annually over 10 years (20% total)
Why Start Fund Wins: Earlier cash flow for managers. -
Guidance: Start Fund: Investment committee | Rolling Funds: No assistance
Why Start Fund Wins: Expert oversight for new VCs.
Summary: Start Fund beats Rolling Funds in speed, cost, support, and newbie-friendly structure, making it ideal for first-time VCs needing a fast, affordable start with built-in help.