Paige Craig on syndicate investing, “We could put together $1m in a day or two.”

Paige Craig is one of the most well-respected angel investors in the game, but he didn’t start his career in the finance world. After serving in the U.S. Marine Corps, he started his own military intelligence company and sold it in 2009. Since then, he’s been at the top of the leader boards on AngelList, pulling together funds for a variety of startups like Lyft, Twitter, and Postmates. Paige shares some great insights on how syndicate investing works. We talk about his experience with investing, how he built his network, and the risks you should anticipate when investing with Backstage Crowd (or any other syndicate). If you want to get involved, visit backstagecrowd.com. Highlights 5:46 Paige tells his story about growing up homeless, and then joining the U.S. Marine Corps 10:02 I ask him about the early investments he made in some of today’s notable tech giants 12:39 He tells me how AngelList came to be and what early syndicates looked like 14:55 He talks about why he loves investing in tech 18:08 I ask Paige to explain how his syndicate worked and what people need to know about the investment process 24:07 We talk about some of the biggest syndicates he organized 28:20 I ask how his syndicate members react to investment losses 31:07 What is the right percentage of someone’s net worth that they should be putting into investments? 34:00 We talk about what we enjoy about contributing to a fund and being part of a syndicate 37:06 Paige believes diversity makes competition better Links Twitter: @paigecraig For founders in the South: Outlanderlabs.com