Posts, updates, and thoughts on angel investing and building tools for investors.
You can now edit the company name and URL right from your sidebar:
You know, for all you who haven't added full domain data to your investments. It's very hip and cool, and unlocks a bunch of stuff now and in the future- so when you see an investment without a domain... fill 'er up.
Quick little update this morning: there's now filters on your portfolio's Timeline page, so you can quickly dig into the activity that's happened across your investment portfolio.
We've had a search view for a minute, but today we're rolling out a "proper" search view:
The new search page searches across all the things you need: companies and pitches, obviously, but also people, any notes you've added to a company, through all investor updates any company might have sent out, and inside (most) documents you upload to Signed.
Great for things like finding which companies are hiring Rails developers, or which investment might need you to update your physical address, or which founder you invested in says things like "cracked" most. And then you can refuse pro-rata accordingly.
This, of course, goes-hand-in-hand with our universal cmd+K hotkey available on all signed-in pages, which lets you do a quick search across your portfolio.
The page for both funds and SPVs have been updated today:
Buncha stuff in today's quick update:
Enjoy your LP experience just a little bit more now!
Next time you sign in you'll see a DPI — distributed to paid-in capital — metric listed on the dashboard. DPI's a nice alternative measurement that gives you a bit different viewpoint on your portfolio than just MOIC and IRR, particularly when you're trying to answer questions about your own liquidity and cash flow.
As always, you can mouseover terms like DPI and IRR within Signed to get a quick understanding of what a particular investment jargon™ actually means.
If you've spent large chunks of your life entering numbers into web forms, you know they can be a bit... limited, at times.
For our currency fields across Signed, we have a nice little shortcut to saving some time or braincells: Currency Magic™. It'll let you auto-expand amounts with a lot of zeros as well as do some basic arithmetic right in the input field. Just a little niceness.
Recently we added a data export for all your investing-related information; the backup process now has the power to suck in all of your various files you've uploaded to a company or pitch and throw them in the zipfile, too:
Hot off the heels of our social investing additions, we've added some additional slots on your public profile to add your social media presence as well. Check 'em on your settings page.
Investing is inherently a social activity: founders meet investors, investors recruit other investors to put a check in, then everyone recruits employees to help work on the company.
Strangely, the whole thing is gatekept as some sort of special dance behind closed doors, where you have to know the right people to talk to so they can know the right people to talk to. It's actually strange there isn't some sort of list of angels to refer to if you're searching for other angles, for example. (You could call it... an "Angel Listing" maybe. Weird no one's done that before.)
Some of the more interesting things we have planned for Signed is improving the social aspect of investing, and today there's a new experience for your user profile (here's mine, for example). It looks like this:
Think of it as a quick little overview into your investment background- you can pop some highlights of previous investments up top, put a little background on how you invest, and then select some categories that you invest in so you show up in the investor directory. If you have an Entity set up, you'll be able to use this as a place to collect pitches from investors, too.
This is, of course, all completely optional: everything is private by default, and you can pick and choose which companies and information to put out there (and most importantly, all of your portfolio's financial data and notes are never public).
There's going to be a lot of fun stuff to come in terms of dealflow and other aspects of dealsharing, so sign up for the waitlist if you're interested in grabbing your @handle and onboarding soon!
This goes without saying — although it's becoming harder and harder to see other companies say this — but your data is yours. And the data about your investments is doubly so.
Quick little update today: export your data. Click a button, get all your investment details in a simple CSV for export to other systems, or just as an offsite backup for piece-of-mind.