“The enthusiasm into AI actually carries over into everything, which effectively impacts all startups,” said AngelList CEO Avlok Kohli when asked if investors remain as excited about emerging startups outside of AI. According to Kohli, AI startups make up nearly 40% of the startups on AngelList’s platform.
Today on Equity, Mary Ann Azevedo caught up with Kohli to discuss how AngelList has evolved its model — from SPVs to collaborating with larger funds, how AI is reshaping the startup landscape, and what founders need to do to thrive in today’s market.
Delving into AngelList’s expansion over the past six years, Kohli highlighted that the company has been building out its back office and fund management business and is now focusing on the front office side with its new intelligence tool, Fin. The reasoning agent is designed to access private market data and is integrated with AngelList’s anonymized angel data. According to Kohli, Fin can answer questions like, “What’s the median valuation for a company in the last month?” or “What percentage of investments are going into AI companies versus non-AI companies?” He added that users can run these queries in real time, gaining instant access to valuable insights.
Listen to the full episode to hear more about:
- When AngelList became profitable, and how
- Avlok’s advice to founders and emerging GPs
- How scouts are becoming increasingly relevant in today’s fundraising environment
Equity is TechCrunch’s flagship podcast, produced by Theresa Loconsolo, and posts every Wednesday and Friday.
Subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts. You also can follow Equity on X and Threads, at @EquityPod. For the full episode transcript, for those who prefer reading over listening, check out our full archive of episodes here.
Theresa Loconsolo is an audio producer at TechCrunch focusing on Equity, the network’s flagship podcast. Before joining TechCrunch in 2022, she was one of 2 producers at a four-station conglomerate where she wrote, recorded, voiced and edited content, and engineered live performances and interviews from guests like lovelytheband. Theresa is based in New Jersey and holds a bachelors degree in Communication from Monmouth University.
Mary Ann Azevedo has more than 20 years of business reporting and editing experience for publications such as FinLedger, Crunchbase News, Crain, Forbes and Silicon Valley Business Journal. Prior to joining TechCrunch in 2021, she earned numerous awards including the New York Times Chairman’s Award and others for breaking news coverage. She holds a Master’s degree in journalism from the University of Texas in Austin, where she currently lives.
