What are the fees for AngelList Platform LPs?

AngelList generally charges 5% carry on AngelList Platform Capital, those LPs with whom you do not have a pre-existing relationship and who discover your syndicate or fund via the AngelList Platform.

For example, if you generally charge 20% carry for your LPs, you'll receive only 15% for these LPs, with AngelList receiving the remaining 5%. These LPs will also pay pro-rated setup costs, just like your LPs.

AngelList waives this 5% carry on all LPs with whom you have a pre-existing relationship. For those LPs, you’ll receive the full 20% carry.

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