AngelList-Sourced LPs are LPs that find your syndicate via AngelList, as opposed to LPs that you know or invite to your syndicate directly. LPs can find your syndicate via their syndicate browse/search feature, deals via direct deals, or PCN deal invites. If your deal qualifies, we'll send out invites to our PCN (Private Capital Network). If your deal qualifies for PCN, you're also enabled to send direct deal invites, if you choose. If LPs invest in your deal after receiving an invite via PCN or direct deal invites, they are AngelList-sourced LPs.