TEN University Syndicate - UT Austin

TEN University Syndicate - UT Austin

  • TEN Capital runs a University syndicate which is open to all University of Texas Austin alumni and affiliates including students, faculty, staff, and parents or spouses of alumni or students.
  • In order to invest, angel investors must attest to accredited investor status. Non-accredited investors are welcome to join as members and attend all other events.

Annual fees

Investors – $100

Entrepreneurs – FREE

Join as an Investor

TEN Capital’s University Syndicate helps angel investors find exceptional startups, make smart investment decisions, and support enthusiastic entrepreneurs as part of the broader UT Austin community.

Angels can help entrepreneurs by writing a check, giving informal advice, making a connection, joining a board, or giving a talk. TEN’s University Syndicate provides educational programs to help angels make wise choices in applying time and money in these endeavors.

The University Syndicate links angel investors to promising, groundbreaking startups.

Join as an Entrepreneur

TEN Capital’s University Syndicate provides educational programs, access to experienced entrepreneurs, relationships with potential investors, and a supportive community.

University entrepreneurs and students have opportunities to listen and learn from other entrepreneurs pitching to the group.

We follow a broad approach in entrepreneurial education. While we do offer learning-oriented events, we believe the best education comes from experience.

Below is the investment criteria/process

INVESTMENT CRITERIA
INVESTMENT PROCESS
INVESTMENT CRITERIA

Generally, our investing members are most interested in startups that could generate venture-scale returns, and they have expressed a preference for companies that meet the following criteria:

  • US-based companies whose value proposition is enabled by innovative software or hardware technologies.
  • Companies that are raising no more than US $2M, with a maximum pre-money valuation (or pre-money cap, if raised on a convertible note) of US $10M.
  • One or more investors with relevant domain expertise have already committed capital to the company, or a US-based venture capital firm is leading the round.
INVESTMENT PROCESS

All investment opportunities go through the following process:

  1. Initial qualification by the TEN investment committee. This step may involve email exchanges, or a phone call / video chat / in-person meeting depending on the nature of the opportunity.
  2. Pitch meeting. The company presents to TEN University Syndicate members who are interested in learning more about the opportunity.
  3. Due diligence. If at least two members are interested in investing in the company, TEN will coordinate the due diligence process, focusing on the key questions identified by the members.
  4. Terms discussion and closing. If all goes well, the investing members would proceed to discuss investment terms with the company and work towards closing the transaction individually. If the company has already received a term sheet from a lead investor by this time, the members would often choose to invest under the same terms.
  5. Information rights letter. The company grants information rights to the TEN Capital leadership team such that the group can forward management updates to the members who have invested in the company.

Unless the company objects (such as wishing to remain in stealth mode), the company logo is listed on the TEN Capital website.

Disclaimer: TEN Capital Network is not a United States Securities Dealer or Broker or US Investment Advisor. TEN Capital is a business introduction service and makes no warranties or representations as to the Buyer, seller, or transaction. All due diligence is the responsibility of the investor. TEN Capital does not take broker fees or success fees for the transaction. TEN Capital is not formally associated with the University of Texas nor its alumni association.

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