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the biggest winners would be LinkedIn PayPal had some nice base hits things like military calm and Evite's and others
I don't think in the short term it matters I think in the long term I've been talking with the Angelus team about a variety of ways you can fix that one is to have a fund so that those thousand dollar people can invest in a fund that then invests in these syndicates
there's a ton he's got a literally a ton of businesses inside angel lists and every time you and I raise money on there he gets a 5% carry I know we get a 15 or actually we can set whatever you set yours at 15 so I'm at 15 as well and then he is five so if we hit our hey pal or LinkedIn it'll make a little money a unicorn and appreciates 100 million awesome a five million dollars yeah and he's got you know fifty or a hundred now from listen to get so far between all of us huh that he owned a sma
so seed and around investments are an asset class and he is going to have the best data and the best access to that AXA class of anyone he can build a massive financial services company to sort of have that access the Syndicates also interestingly do have some pro-rata rights which he may be able to use down the road so that'll be interesting he's building a marketplace for talent
LinkedIn was 750 X peak 750 X at the peak