Rolling Fun About the Fund
Our vision is to fund
the next industrial revolution.
-
We invest $30k - $250k into tech startups valued under $200m that can 100x.
-
We are Founders first and investors second.
-
Let’s build the megacap companies of the 2040s.
A Rolling Fund administered by AngelList
-
Capital calls
Predictable capital calls and consistent exposure for investors. We allocate consistently every quarter.
-
Commitment
Investors commit capital on a quarterly basis for a fixed time frame - typically 1-5 years.
-
Liquidity & terms
Liquidity events are passed through to LPs as they happen. Standard terms: 2% management, 0.15% AL admin, 20% carry.
Think of a “Rolling Fund” as a new mini-fund each quarter
Fund Data Summary
Early-stage technology companies with 100x+ potential across ecommerce, SaaS, hardware, robotics, energy, drones, space, biotech, genetics, and more.
Fund terms
- Vehicle
- Rolling Fund
- Target
- $3-5m annually
- Mgmt. Fee
- 2%
- Carry
- 20%
- AngelList Admin Fee
- 0.15%
- Term
- 10 years
- Lockup
- Yes
Focus
- Stage
- pre-seed and seed startups
- Valuation
- $5m - $200m.
- Geography
- USA
Service providers
- Legal
- Varnum Law
- Fund Admin
- AngelList
- Tax
- Baldridge Financial
- Banking
- Blue Ridge Bank
e913c1dc…5b0d12
Refer Startups; Earn Even More
If you are an investor in Rolling Fun, and you connect us with a startup we invest in, you will earn a share of our carry.
We like the win-win community vibe of sharing carry. You win by earning more than with your own smaller direct investment. We all win by getting better deals (and better returns.)
We already had three investments LPs helped find, vet, and execute. We think it's right to share the winnings for your hard work and trust, so we do. (We may also need your help to vet and diligence the deal, beyond what your credibility and recommendation already do!)
It's good karma. Plus it makes LPs happy.
Got an insane email today from @AngelList, got a portion of carry in a deal I referred to @EricJorgenson @drbillnye and @bowman Rolling Fun
Thank you for the generosity you three! Stoked to be investing alongside you.
Changed my mindset and potentially my life.
Listen at your Leisure
Spend some more time with us (at your convenience) on our podcast episodes. Put us on 2x speed. We’re not offended.
- Episode #1Short life stories of Al, Bo, and Eric. Our angel backgrounds, why we’re starting a fund, and how a rolling fund works.ejorgenson.com (opens in a new tab)
- Episode #2Our theses, our first investments, and the story of an investment gone sideways.ejorgenson.com (opens in a new tab)
- Episode #3Live from Hamilton, MO (Al’s Quilttown USA!) about our 5 most recent investments in Q3 ‘22ejorgenson.com (opens in a new tab)
- Episode #4We cover Rolling Fun’s 1st year, the current state and future of crypto, the growth of startups we’ve invested in, and the perils of uncapped convertible notes.ejorgenson.com (opens in a new tab)
- Episode #5Investing in Nuclear Reactors, some portfolio updates.Spotify (opens Spotify in a new tab)
- Episode #6Al meets MrBeast, Robotic Arms, and 10x Batteries.Spotify (opens Spotify in a new tab)
- Episode #7Nuclear Fusion, AI for kids, and the boys catching up on life.Spotify (opens Spotify in a new tab)
- Episode #8New investors, giant guns for space cargo, and how founders can find lead investors.Spotify (opens Spotify in a new tab)