Rolling Fund Quarterly Deployment

Shaan describes running a Rolling Fund that deploys $1M per quarter into startups, leveraging a team of well-connected partners to source and vet deals.

Key Points:

  • Fund Structure:

    • Deploys $1M quarterly into startups
    • More work than traditional angel investing due to deployment requirements
  • Team Structure:

    • Brought on key team members:
      • Romine - Helps with deal vetting
      • Zack - Former YC founder with strong network
      • Ben - Assists with operations
  • Deal Flow Process:

    • Team creates Airtable of potential deals
    • Vets all opportunities thoroughly
    • Presents top ~7 deals to Shaan for final decision
  • Strategic Advantage:

    • Zack referred 22 companies into YC (top referrer)
    • Early access to deals through team's network
    • Connected to young founder community
    • Ability to see deals earlier than most investors
  • Team Incentives:

    • Team members get upside in the fund
    • Allows them to participate in fund success
16:16 - 18:08
Full video: 52:59
SP

Shaan Puri

Host of MFM

Shaan Puri is the Chairman and Co-Founder of The Milk Road. He previously worked at Twitch as a Senior Director of Product, Mobile Gaming, and Emerging Markets. He also attended Duke University.

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