Thank you for reading this piece. If you LOVE this article, you can send a tip to Cryptojeter.eth (my ETH address)! Follow me on Twitter @CryptoJeter and retweet this post! Feel free to shoot me a DM as I love meeting new folks!

https://twitter.com/CryptoJeter/status/1488616143115980801?s=20&t=Zx0Ie92PQrJVnfm8CuyQMg

Thank you for the support!

Investing in startups is a pretty gated and mystified proposition for many people. It is an “if you know, you know” type of industry. There are of course VC firms and angel groups, but these are network-driven to break into and require resources to create. Syndicate has created a product called Investment Clubs which drastically decreases the barriers to entry to formulating a cooperative investment vehicle by 100x according to the company.

Investment Clubs by Syndicate leverages the Syndicate protocol to allow its users to create decentralized autonomous organizations (DAO) with the purpose of investing in tokens, NFTs, and even off-chain transactions. The product affords groups interested in investing the tools necessary to create organized investment vehicles with the only requirement being an Ethereum wallet like MetaMask. Syndicate has also included features in its Investment Club product that ease administrative and legal challenges that typical venture capitalists and angel groups face.

Key features include:

1. Connecting a wallet to serve as the treasury for the investment DAO

2. Legal documentation templates through Syndicate’s partnership with highly regarded law firm, Latham and Watkins that can be sent through the web application

3. Automated cap table management that ensures the proper ownership of the entities

4. Automated investment tracking dashboards that allow DAO members to see all of the group’s investments in real-time

I heard about Syndicate upon hearing the company’s Series A announcement last year. I was immediately interested and have wanted to learn more as I believe that it will be a disruptive product in the venture and investment space. Sure, it has the capabilities that it has to reduce headaches for people who are already aware of the aforementioned challenges of investing in these high growth assets. However, what I am most excited about is the access the Investment Club product provides to people who have not been traditionally represented in these types of technology investments.

Syndicate clearly has kept this in mind as one of the first users of the platform was the Audacity Fund, a fund designed to invest in underrepresented founders building in Web3. I see the Investment Club feature as a gateway for founders who may not have access to traditional means of raising funds for their business to raise capital for their businesses. According to the Founder Institute, family and friends rounds range from $10,000 to $150,000. Unfortunately, every founder doesn’t have the network to raise this kind of money for their startup venture. With Syndicate’s Investment Club, collectives of groups who identify with a community can invest in founders who identify with their communities.

Investment Clubs are a great feature and it will be impactful by increasing access for everyone to invest in high-growth ventures. I’m curious to know how Syndicate will increase adoption of this project and how to educate groups in the product and make them interested in formulating investment DAOs.

In my view, the most important thing to drive adoption and users to this product is community ties. It would be beneficial for Syndicate to target communities with strong ties and personal bonds. For example, I envision Syndicate DAO building a pipeline of customers in the categories of university alumni associations, religious organizations, cause-related organizations, and corporate affinity groups. Additionally, I see Syndicate having a native market penetration in Web3, which should allow them to lure existing DAOs to use Syndicate’s Investment Club to invest in their interests. Lastly, Syndicate may be able to manufacture a market and persuade like-minded entities to partner and form investment clubs that benefit the collective causes.

Ultimately, as someone who is passionate about reducing the wealth gap, I believe in Syndicate’s product and hope that it is used as an alternative way to capitalize businesses that traditionally are underfunded in addition to the Web3 rocket ships that will transform the world.

Great job Syndicate and to the moon we go!

https://twitter.com/CryptoJeter/status/1488616143115980801?s=20&t=Zx0Ie92PQrJVnfm8CuyQMg

Thank you for reading this piece. If you LOVE this article, you can send a tip to Cryptojeter.eth (my ETH address)! Follow me on Twitter @CryptoJeter and retweet this post! Feel free to shoot me a DM as I love meeting new folks!

Thank you for the support!

Sources:

https://syndicate.io/clubs

https://www.coindesk.com/business/2022/01/25/syndicate-launches-tool-for-turning-daos-into-llcs/

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Thank you for reading this piece. If you LOVE this article, you can send a tip to Cryptojeter.eth (my ETH address)! Follow me on Twitter @CryptoJeter and retweet this post! Feel free to shoot me a DM as I love meeting new folks!

https://twitter.com/CryptoJeter/status/1488616143115980801?s=20&t=Zx0Ie92PQrJVnfm8CuyQMg

Thank you for the support!

Investing in startups is a pretty gated and mystified proposition for many people. It is an “if you know, you know” type of industry. There are of course VC firms and angel groups, but these are network-driven to break into and require resources to create. Syndicate has created a product called Investment Clubs which drastically decreases the barriers to entry to formulating a cooperative investment vehicle by 100x according to the company.

Investment Clubs by Syndicate leverages the Syndicate protocol to allow its users to create decentralized autonomous organizations (DAO) with the purpose of investing in tokens, NFTs, and even off-chain transactions. The product affords groups interested in investing the tools necessary to create organized investment vehicles with the only requirement being an Ethereum wallet like MetaMask. Syndicate has also included features in its Investment Club product that ease administrative and legal challenges that typical venture capitalists and angel groups face.

Key features include:

1. Connecting a wallet to serve as the treasury for the investment DAO

2. Legal documentation templates through Syndicate’s partnership with highly regarded law firm, Latham and Watkins that can be sent through the web application

3. Automated cap table management that ensures the proper ownership of the entities

4. Automated investment tracking dashboards that allow DAO members to see all of the group’s investments in real-time

I heard about Syndicate upon hearing the company’s Series A announcement last year. I was immediately interested and have wanted to learn more as I believe that it will be a disruptive product in the venture and investment space. Sure, it has the capabilities that it has to reduce headaches for people who are already aware of the aforementioned challenges of investing in these high growth assets. However, what I am most excited about is the access the Investment Club product provides to people who have not been traditionally represented in these types of technology investments.

Syndicate clearly has kept this in mind as one of the first users of the platform was the Audacity Fund, a fund designed to invest in underrepresented founders building in Web3. I see the Investment Club feature as a gateway for founders who may not have access to traditional means of raising funds for their business to raise capital for their businesses. According to the Founder Institute, family and friends rounds range from $10,000 to $150,000. Unfortunately, every founder doesn’t have the network to raise this kind of money for their startup venture. With Syndicate’s Investment Club, collectives of groups who identify with a community can invest in founders who identify with their communities.

Investment Clubs are a great feature and it will be impactful by increasing access for everyone to invest in high-growth ventures. I’m curious to know how Syndicate will increase adoption of this project and how to educate groups in the product and make them interested in formulating investment DAOs.

In my view, the most important thing to drive adoption and users to this product is community ties. It would be beneficial for Syndicate to target communities with strong ties and personal bonds. For example, I envision Syndicate DAO building a pipeline of customers in the categories of university alumni associations, religious organizations, cause-related organizations, and corporate affinity groups. Additionally, I see Syndicate having a native market penetration in Web3, which should allow them to lure existing DAOs to use Syndicate’s Investment Club to invest in their interests. Lastly, Syndicate may be able to manufacture a market and persuade like-minded entities to partner and form investment clubs that benefit the collective causes.

Ultimately, as someone who is passionate about reducing the wealth gap, I believe in Syndicate’s product and hope that it is used as an alternative way to capitalize businesses that traditionally are underfunded in addition to the Web3 rocket ships that will transform the world.

Great job Syndicate and to the moon we go!

https://twitter.com/CryptoJeter/status/1488616143115980801?s=20&t=Zx0Ie92PQrJVnfm8CuyQMg

Thank you for reading this piece. If you LOVE this article, you can send a tip to Cryptojeter.eth (my ETH address)! Follow me on Twitter @CryptoJeter and retweet this post! Feel free to shoot me a DM as I love meeting new folks!

Thank you for the support!

Sources:

https://syndicate.io/clubs

https://www.coindesk.com/business/2022/01/25/syndicate-launches-tool-for-turning-daos-into-llcs/

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