---
title: "Anatomy of a Startup Profile: AngelList"
description: Read why AngelList caught the eye on Brad Stone in Businessweek
---

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# Anatomy of a Startup Profile: AngelList

 By [Josh Inglis](https://blog.propllr.com/author/josh-inglis) |

 January 20, 2014

##### [The Social Network for Startups](http://www.businessweek.com/articles/2014-01-16/angellist-the-social-network-for-startups) (AngelList)

-- By Brad Stone, Bloomberg Businessweek, January 20, 2014

Brad Stone, senior writer at *Bloomberg Businessweek* and author of the recent (and excellent) Bezos/Amazon bio, covers the ins and outs of [AngelList](https://angel.co/), the thriving marketplace for early stage angel investors and startups.

- **Compelling founder story** – Founder Naval Ravikant is a self-made success story. His family came to the US when he was just 9, following his pharmacist father who had come from India five years prior.
- **Founder track record** – Ravikant’s prior company, Epinions was a success.
- **Personal reason to launch startup** – Ravikant felt cheated in the sale of Epinions, which he had cofounded, and wanted to help entrepreneurs avoid his mistakes.
- **Unmet need** – AngelList helps entrepreneurs and early stage angels find each other.
- **Timeliness –** The startup “market” could not be hotter, and the JOBS Act is allowing broader dissemination of private investment opportunities, so yes, a story about startups and venture capital is particularly timely.
- **Quick comparison** – AngelList is compared with Kickstarter.
- **Disruptive** – AngelList fights the “smoke-filled room” idea of having to know the right people to find the right deal.
- **Clear value proposition** – AngelList’s value proposition is as clear as they come: AngelList makes “startup investing transparent, efficient and more open.”
- **Referenceable clients** – AngelList shares notable names such as Tim Ferris, Kevin Rose and Uber.
- **Client stories** – The article points to how [Sprig](https://getsprig.com/) raised $500k in one day because investors saw Brian O’Malley of Accel was in already. Sprig CEO Gagan Biyani  goes so far as to say: “Fundraising is a pain that takes you away from building a company. Using AngelList was a no-brainer.”
- **Metrics** – AngelList quotes 500 startups having raised $125 million in 2013.
- **Third**-**party endorsement** – None given.
- **Trendiness** – The story is pretty light on trendspotting, but all things venture capital are always of interest.
- **Healthy skepticism** – Stone brings in a quick quote from an unnamed source who expresses concern that AngelList might incentivize greater risk-taking by investors, but ultimately gives Ravikant the final say, with a rebuttal quote closing out the article.

For more information on the Anatomy of a Startup Profile series, [click here](http://propllr.com/2014/01/03/anatomy-startup-profile/).

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