The Syndicate deal process is summarized in the Discord #start-here channel.
Weekly Deal Meeting
Monday, 12pm est
https://meet.google.com/asu-wygb-gee
Discord Channels Overview
SYNDICATE DEALS
Deal Logistics
STEP 1. New Deals
- Create a Post for a new deal in the #deal-forum.
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Title Format:
<PROJECT NAME> - <RAISE> at <VALUATION> <ROUND TYPE> <SOURCE>
Fight Club - $3mm @ $15mm seed Skylab
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Include all relevant info in a thread to your original message:
- brief summary of the project
- summary of the deal terms
- link to the website
- links to docs -> deck, investment memo, team bio, whitepaper
- Enter deal into FC Internal Deal Airtable
STEP 2. Review Live Deals and New Deals
- Attend weekly syndicate deal meeting
- Weekly Agendas
- Vote on post-meeting polls that are posted in the #polls channel. Polls are usually posted on Monday and close on Wednesday.
- AMA polls →. should we bring the founders in for an AMA?
- Investment Memo / Due Diligence polls → should we create an investment memo?
- Complete FC member commitments tally form → how much is FC member commitment?
- Syndicate polls → should we run a syndicate ourselves or shop the deal to others?
STEP 3. Follow-up Action Items
- Based on poll results
- Schedule AMA with founders
- Start Due Diligence / Investment Memo
- Start Syndicate formation process