Novig–one of our startup investments–raised a Series-B round at around a 5x markup on their previous price. It was already our most successful venture investment so far. Angellist have not updated the valuation yet. After the "carried interest" by the general partner who manages our investment we might see a 4x markup on top of our current 9.5x markup. It would take our overall Angellist IRR to 24% and my own investments in syndicated startups (rather than through venture funds) to an IRR of 70%+. Of course, these are all "paper profits".
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