Deal Sheet

Last Money In hosted our 5th Quarterly Syndicate Lead/Investor Dinner w/Sydecar yesterday in New York. These dinners are really the only time syndicate leads get together in-person, therefore we look forward to continuing these dinners and meeting/learning from more investors & syndicate leads :) A big thanks for coming Jonathan Wasserstrum, Ben Zises, Jeffrey Shu, Drew Austin, John Gannon, Sara Garson, David Yakobovitch, Matthew Weinberg, Chris Bordeaux, Rahul Chaudhary, Zachary Ginsburg, Jake Don Sing. (we will continue to work on our group picture taking skills)

$500K ARR from 2 weekly newsletters here's the story of Last Money In by Alex Pattis & Zachary Ginsburg👇

Thanks for the Last Money In x Deal Sheet feature, beehiiv!

Launching our 40th Deal Sheet issue tomorrow! This marks 40 weeks in a row that we've shared 3+ of the top weekly syndicated deals from 70+ of the top syndicate leads in the VC ecosystem. What is Deal Sheet? Deal Sheet is a paid weekly newsletter (founded by Zachary Ginsburg and I) that delivers the best (and actively investable) startup investment opportunities to your inbox weekly. All deals are 10% Carried interest (a 50% discount to the industry standard 20%). These deals are being syndicated by 70+ of the best and most active venture capital leads we’ve worked with. To date, Deal Sheet has provided access to over 150+ deals since launching in February, 2024.

📈 How Last Money In Grew Their Newsletter to $700k In 14 Months Had a great time chatting w/ the king of newsletter growth, Matt McGarry. Sharing some of his newsletter feature of us below w/links to the full write up and podcast in comments. *******   In just 14 months, Alex Pattis & Zachary Ginsburg grew their newsletter Last Money In to over 41,000 subscribers and ~$200k/year in ad revenue. He also runs a paid newsletter called Deal Sheet that he started in Feb 2024. Deal Sheet has a $4k annual subscription fee, approximately 165 subscribers, and is now over $500K ARR, 7 months after launch. That’s a $700k business built on the back of newsletters. Pre-existing credibility... Prior to starting their media company, Alex and his co-founder Zach Ginsburg led more than 800 SPVs and deployed over $200 million in deals. They spent years building their network in the SPV space and establishing authority and credibility. Picked a niche... Alex and Zach realized there was a gap in the market. While there were tons of VC newsletters, there wasn’t anything covering special purpose vehicles. So they built it. If you’re personally struggling to find a niche for your newsletter, I wrote about it here but below is a quick recap: 1) What unique experiences and skills do you have? 2) What are your passions and interests? 3) How lucrative is this niche/topic? 4) How exactly can you monetize? The next step is to select a niche that fits this criteria: 1) You have genuine interest in it (so you can consistently write about it) 2) You have experience in (so you can create insightful content) 3) Has lucrative monetization opportunities (so you can build a successful business) Building an owned audience... Alex initially wanted to start a podcast about SPV investing, but Sam Parr advised them not to. Instead, he recommended starting with a newsletter because it's shorter and easier to capture someone's attention, own the audience, and collect data. With an owned audience you can collect and store valuable audience data like engagement, location, interest, purchase behavior, and more. Plus, if your newsletter is successful, you can always turn it into a podcast. Have a clear audience... Since their first post 14 months ago, Last Money In has been serving two audiences: 1) Individual accredited investors who have invested in syndicates and deals with Alex and Zach 2) People looking to start a syndicate of their own and want to learn how to do it Consistency... Alex and Zach publish Last Money In every Wednesday. Every week they switch who writes the newsletter and have a brainstorming session to come up with topics to write about. They also keep a spreadsheet with a backlog of ideas that they continuously add to. ******** Link to full Newsletter Operator Post & Podcast in comments.

Super cool to be featured on the beehiiv blog on our path to a $500k ARR Newsletter! "Last Money In has already secured six figure sponsorship deals, while their paid newsletter, Deal Sheet, has reached $500,000 in annual recurring revenue (ARR) in just under seven months! Thanks to Alex and Zachary—both noticed a need, and they carved out a unique niche with their newsletters.  In this case study, we’ll learn more about the genesis of Last Money In and Deal Sheet newsletters, building a community with a subscription model, and the creators behind the newsletters." In the beehiiv blog you can read up on: - The Inception of Last Money In Media & Deal Sheet Newsletters - The First 1,000 Subscribers Odyssey - Next Stop: 70,000 to 80,000 Subscribers - Joining the Ranks of Successful Creators on beehiiv - Buzzing on Profits With Monetization - Why Trust Me - Building A Newsletter Foundation For Novices - Syndicating Success, One Newsletter at a Time - And more! https://lnkd.in/eYBhybRG

Get Your Deal Featured: Sydecar x Deal Sheet collab! This is for anyone syndicating a private market SPV! Here’s how it works: 1) Submit your actively investable deal for a chance to be featured in an upcoming Deal Sheet newsletter, a platform that delivers top startup investment opportunities directly to accredited investors seeking their next big opportunity. 2) Submissions will be personally reviewed by myself and Zachary Ginsburg, creators of Deal Sheet. 3) The most compelling investment opportunity will be selected and featured in an upcoming Deal Sheet newsletter, giving you direct access to a network of accredited investors w/high interest in startups. Submit your deal here → https://lnkd.in/eS-SYJtr

Come join our team!

In July, we invested/wired capital into 6 companies. 5 shown below and another 1 on a different platform. - 3 companies were new investments. - 3 companies were follow-on investments. Riverside Ventures is aiming to stay active this summer despite the typical slow down of  fundraising activity. Deal Sheet has not missed a beat. We will see if August slows down, but so far the syndicate ecosystem is continuing to do deals we are seeing many syndicate leads launch what we view as high quality deals.

Deal Sheet (pricing going up again) – Save Carry + Get Access In Q1, 2024 we launched Deal Sheet, a paid email offering that provides accredited investors: 1) Access to some of the best startup opportunities across the VC syndicate ecosystem (est. 150+ deals on Deal Sheet per year) and 2) All Deal Sheet deals come at discounted carry – all opportunities on Deal Sheet are listed at 10% carry (versus 20% standard) with select opportunities (at our discretion) at 0% carry. Pricing is going up again Thursday August 1st.  To date - Deal Sheet subscribers have received 0% carry opportunities (versus standard 20% carry)  in a large number of highly prolific startups and 10% carry on almost 100 of the most interesting startup opportunities YTD from pre-seed to pre-IPO from across the syndicate ecosystem. We leverage our 4 step Alpha Access process to provide you the best venture capital opportunities: 1) Insider Access → Curating the best investment opportunities from 50+ Venture Capitalists that we’ve built relationships with and co-invested with over the last decade. Tap into a decade of our cultivated relationships including Midas List members, to access the premier startup investment opportunities. 2) 365 Deal Hustle → 24/7 deal-hunting to uncover tier 1 VC co-investment opportunities across all stages and industries, extending beyond our established network. We relentlessly pursue tier 1 deals, ensuring you access many of the best venture capital deals from across the startup ecosystem. 3) The Midas Matrix → Investing alongside the top co-investors is important to syndicate LPs.  We leverage co-investments with Midas List partner funds, and gain early access to deals that have already passed through some of the industry's most discerning filters. 4) Carry Crusher → Deal Sheet members get their carry cut in half. We provide specific links to 10% carry on all deals as opposed to the industry standard 20% carry, providing a 50% discount in carry for all 150+ annual Deal Sheet deals with select opportunities at 0% carry. Get Deal Sheet: https://lnkd.in/eS9xPvHN On Carry Savings:  Invest in just 1 Deal Sheet deal out of the 100-200+/year, and Deal Sheet “could” pay for itself 3x over (example below): - A Deal Sheet customer invests $25k in one deal - The deal 5x’s (net dilution) - Capital Returned = $125,000 - 10% carry paid to GP (instead of 20%) = $10k (instead of $20k) - Savings from being a Deal Sheet customer = $10k - Deal Sheet Annual Fee today (pricing going up Aug 1) = $3.5k  - Savings post Deal Sheet fee = $10k (2.9x ROI) - Savings on a 0% carry Deal Sheet (we’re expecting around 12 of these a year) = $20k (5.7x ROI) And this is just the potential savings for 1 deal. We are offering 100-200+/deals a year with LPs investing as little as $1,000 up to >$5M into our deals. Get Deal Sheet at the $3.5k/year pricing before prices increase. Get Deal Sheet: https://lnkd.in/eS9xPvHN