Thread by @lennysan

A year in review: The Airbnb alumni angel investing syndicate @WeAreAirAngels

We launched the syndicate as an experiment in early 2020, betting that the Airbnb alumni could build a strong angel investor community. We were right.

*Read on*

1/ Led by @djdan85, @bmartlives, @rehanazhar, @MiSunKw, and myself, we've already done 14 deals, investing over $1.7m in 10 deals now worth $2.5m (~100% IRR)

We've also co-invested $1m in 4 deals with our friends the Lyft Angels, Pinterest Angels, @unpopularvc, and @mccabe

2/ Two companies have already raised follow-on capital since our initial investments, and 2 more are in the process of raising their next rounds

3/ From the start of the year, we went from zero to ~200 alumni backers (plus over 600 non-Airbnb alumni clamoring to join us). We've now evaluated 500+ deals for the syndicate.

4/ In the process, we've co-invested alongside top-tier funds including Benchmark, First Round, Accel, Felicis, Initialized, GFC, YC, Mayfield, Chris Sacca, Ryan Graves, and many others

5/ We also hosted fireside chats with incredible folks like Bill Trenchard, Phin Barnes, Brianne Kimmel, Alfred Lin, Andrew Chen, Sarah Tavel, Leo Polovets, Jamison Hill, David Sacks, Hunter Walk, #ANGELS, Ryan Hoover, Sarah Kunst, Charles Hudson, Rebecca Kaden, JMJ, and Elad Gil

6/ Looking ahead, we plan to do more of the same, PLUS we're raising a dedicated *AirAngels fund*. If you're interested in investing or to learn more, please DM me.

7/ Big thank you to @b_nicks11 and @williampbarnes for helping us get this syndicate off the ground, to @briannekimmel for bringing us together early on, to our many wonderful founders, backers, and to everyone else I'm totally forgetting who has helped us make this work 💖