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How AngelList and Accomplice Plan to Turn Founders into Angel Investors
January 14, 2018 /
In a partnership with AngelList, Cambridge-based venture capital firm Accomplice is taking a new approach to building the next generation of angel investors: by giving young, cash-strapped startup founders enough money to start making their own investments.
The new initiative, called Spearhead, was announced on Tuesday and is backed by a $35 million fund, Accomplice founding partner Jeff Fagnan told BostInno. Accomplice is the largest investor in the fund, which is also backed by some of the firm’s existing limited partners. AngelList is providing the technology and back office services for the program.
By
Dylan Martin
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Posted in: Funding and Building your Business