RollingSouth’s principals will select ~6-8 startups each year (from hundreds screened for investment). These startups are:

High-growth early-stage startups

Generally QSBS qualified

Based in the South, and so offer better value than other tech hotspots

Targeting a ROI of 10X+ per deal, and 3x net / >20% IRR in aggregate

Anyone who is an Accredited Investor can invest through AngelList (or contact us).

Investors can invest a minimum of $2,500 in any SPV

Onetime upfront management fee: for AngelList that is dependent on the total amount invested but typically around 8% of invested capital.

Investors pay carry on gains at exit, as a % of investment gains (after principal and fees are returned). If you are an AngelList member, carry is 15% to RollingSouth and AngelList receives 5%. If you are a “RollingSouth” investor, just the 15% RollingSouth carry applies.

High profile investors and larger investment amounts and can contact us to negotiate discounted carry.

We only get paid from carry, not from fees: we only make money if you make money (85% of gains to you and 15% to the GPs). Most large fund managers charge 2% annual fees and are paid from fees, which we believe is a misalignment of incentives.

Our Carry is Modest: 15% of actual gains (excluding fees). Most funds have 20-25% carry.

Our 2% one time fee is low: fees are only used for fund operating expenses, not to pay the GPs. And, you get all the fees refunded back from any gains, before any profit is distributed.

We have skin in the game, we have our own money in The Fund every quarter, so our interests are aligned.

We are diversified: outside of Silicon Valley, industry agnostic, non-correlating investment relative to traditional investments, >90% of gains are Federal Capital Gains Tax exempt and we practice disciplined due diligence on all our investments.

We have a great track record: see it HERE.

The RollingSouth General Partners select 2-3 startups each quarter. These startups are:

High growth early stage startups with above average diligence scores

QSBS qualified

Located in the South

Targeting an average ROI of 3X over 3-5 years to exit

Targeting an IRR of >20%

Anyone who is an Accredited Investor can invest! Investors must invest a minimum of $5K for 4 quarters over 2 years (they can skip quarters at will)

Onetime upfront management fee of 2% of invested capital in year 1 (fees refunded from any gains).

15% carry (The RollingSouth Fund receives 15% of any capital gain. If you join through AngelList, this becomes a 20% carry (AL receives 5%). A discounted carry is available for select, high profile investors and larger investment amounts.

Example: Investor puts $5K into a quarterly fund

$100 goes immediately to TRSF for 2% operating expense fee

If TRSF grows 300% (3x) after 5 years, then closes:

Original $5K + $100 Mgmt fee is retuned to the investor

The Capital Gain is $15,000-$5,100=$9,900

The Total Return to the Investor is 85% ($8,415) + original capital ($5,000) + returned fees ($100)=$13,515. This would be a 2.7x ROI and a 22.1% IRR for the investor for that fund.

15% goes to GPs ($1,485)