Naval confirmed that with Syndicates, AngelList will, over time, show potential syndicate investors the track record of the syndicate lead – how good an investor they are.
1. It will prevent syndicate leads from cherry-picking – ie only syndicating deals where they want to diffuse the risk.
2. AngelList only had start info before – the terms that the round was raised. With Syndicates they start to collect info on exits.
That’s awesome.