![]() Implicit in that inquiry were others: Is it a recruiting platform? A capital management service? A fundraising tool? If you were to describe AngelList to someone that had never heard of the company, how would you account for its complexity? Both have been around for less than two years.Īt the beginning of our conversation, I asked Naval Ravikant a simple question: What is AngelList? Ask Naval Ravikant what products he believes are most important to AngelList's future, and he'll point to Rolling Funds and software suite, Stack. AngelList's most important products are just getting started.The company looks to build around individuals who understand how to leverage their labor and can take a product from zero to one. AngelList hires an unusual number of former entrepreneurs, especially those with an engineering background. AngelList founder Naval Ravikant believes it produces more effective teams, largely thanks to better alignment of incentives. Companies like Republic exemplify a crucial component of AngelList's playbook: some innovations are best served by going solo. ![]() Its targeted spending means it has achieved that outcome with relatively little capital. According to an exclusive shared by AngelList's Venture team, the company is now worth $4.1 billion, thanks to a recent $100 million funding round.
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