A Rolling Fund administered by
Predictable capital calls and consistent exposure for investors. We allocate consistently every quarter.
Investors commit capital on a quarterly basis for a fixed time frame - typically 1-5 years.
Liquidity events are passed through to LPs as they happen. Standard terms: 2% management, 0.15% AL admin, 20% carry.
Think of a “Rolling Fund” as a new mini-fund each quarter
Fund Data Summary
Early-stage technology companies with 100x+ potential across ecommerce, SaaS, hardware, robotics, web3, and more.
FUND TERMS
Vehicle: Rolling Fund
Target: $3-5m annually
Mgmt. Fee: 2%
Carry: 20%
AngelList Admin Fee: 0.15%
Term: 10 years
Lockup: Yes
FOCUS
Stage: Pre-seed and Seed Technology Companies
Valuation: $4M - $30M post money
Geography: Based in Kansas City, we invest globally. ~80% USA, ~20% International
SERVICE PROVIDERS
Legal: Varnum Law
Fund Admin: AngelList
Tax: Baldridge Financial
Banking: Blue Ridge Bank
Carry Share Program
Refer Startups; Earn Even More
If you are an investor in Rolling Fun, and you connect us with a startup we invest in, you will earn a share of our carry.
We like the win-win community vibe of sharing carry. You win by earning more than with your own smaller direct investment. We all win by getting better deals (and better returns.)
We already had three investments LPs helped find, vet, and execute. We think it's right to share the winnings for your hard work and trust, so we do. (We may also need your help to vet and diligence the deal, beyond what your credibility and recommendation already do!)
It's good karma. Plus it makes LPs happy.
🎧 Listen at your Leisure
Spend some more time with us (at your convenience) on our podcast episodes. Put us on 2x speed. We’re not offended.
Episode #1 - Short life stories of Al, Bo, and Eric. Our angel backgrounds, why we’re starting a fund, and how a rolling fund works.
Episode #2 - Our theses, our first investments, and the story of an investment gone sideways.
Episode #3 - Live from Hamilton, MO (Al’s Quilttown USA!) about our 5 most recent investments in Q3 ‘22
Episode #4 - We cover Rolling Fun’s 1st year, the current state and future of crypto, the growth of startups we’ve invested in, and the perils of uncapped convertible notes.