Using the traction from the Venture Hack blog on entrepreneur financing, Naval and Babak started a list of 25 investors with whom they would share interesting companies to invest in.
AngelList Jobs, later rebranded as Wellfound, connect talents with startups, with over 35,000 recruiting companies, more than 2,000,000 candidates and 5 million registered users.
[23][24] AngelList Syndicates was noted as one of the most important innovations in the venture capital and angel investment industries, getting momentum with several well-known figures in the tech community creating syndicates, including Jason Calacanis, Scott Banister, Tim Ferriss, Gil Penchina, Scott and Cyan Banister, Fabrice Grinda, Elad Gil and more.
"[32] In July 2016, AngelList launched Republic - a spinoff addressing the democratization of startup equity crowdfunding with non-accredited investors.
[36] In 2020, AngelList launched rolling funds, an investment vehicle that raises money through a quarterly subscription from interested investors.
[37] In the same year, AngelList India's CEO, Utsav Somani, launched a $5 million micro-fund, iSeed SEA, to invest in startups located in Southeast Asia.
The purchase supported CEO Avlok Kohli's initiative to expand AngelList's customer base to include private equity.
[44] In mid-2012, Naval Ravikant and Kevin Laws, AngelList's chief operating officer,[45] were active in Washington in his support for the Jumpstart Our Business Startups Act (JOBS Act), a law that eased many of the United States' securities regulations with the aim of making it easier for companies to either go public or to remain private longer while continuing to raise capital.
[6][49] Later in 2013, Naval Ravikant wrote a letter to the SEC to object to changes in the JOBS Act that he believed "could create disastrous unintended consequences for the startup community.