- TEN Capital runs a University syndicate which is open to all university alumni and affiliates including students, faculty, staff, and parents or spouses of alumni or students.
- In order to attend a pitch session, angel investors must attest to accredited investor status. Non-accredited investors are welcome to join as members and attend all other events.
Angel investors – $100
Entrepreneurs – FREE
Join as an Angel
TEN Capital’s University Syndicate helps angel investors find exceptional startups, make smart investment decisions, and support enthusiastic entrepreneurs as part of the broader Stanford 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.
TEN links angel investors to promising, groundbreaking startups. Members of the university community have founded Google, Yahoo, eBay, Cisco, HP, Intuit, PayPal, LinkedIn, Sun, Electronic Arts, VMware, Netflix, and Netscape, among others. We can’t promise you will find the next billion-dollar company, but we can promise fun in the search process.
Join as an Entrepreneur
TEN University Syndicate provides educational programs, access to experienced entrepreneurs, relationships with potential investors, and a supportive community.
TEN University entrepreneurs and students have opportunities to listen and learn from other entrepreneurs pitching to the group. They participate in discussions with investors about the pros and cons of startups, and to help understand what it is like to sit on the angel side of table.
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
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.
All investment opportunities go through the following process:
- Initial qualification by 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.
- Pitch meeting. The company presents to TEN University Syndicate members who are interested in learning more about the opportunity.
- 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.
- 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.
- 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.