We're on track this year to do five deals a month, 60 deals, and we'll put 50 million to work this year at the syndicate.com.View on YouTube
The prediction is clearly stated in the All-In E26 transcript: Jason says that in 2021 they are “on track this year to do five deals a month, 60 deals, and we’ll put 50 million to work this year at thesyndicate.com.”(podscripts.co)
To judge this, we would need reliable, deal-by-deal or year-end figures for TheSyndicate.com’s 2021 activity: number of SPVs/deals and total dollars deployed through the syndicate SPVs specifically.
Public data, however, are fragmentary and inconsistent:
- VC and crypto databases attribute only a few dozen total investments to TheSyndicate.com across all years. For example, Cointime lists 29 investments with the most recent in November 2021, not broken out by amount syndicated or confirming 60 deals in that calendar year.(cointime.ai) Unicorn Nest similarly shows 44 total investments with 2021 as the “peak activity year,” but again without a clear 2021 deal count or capital total, and its list is clearly incomplete relative to other sources.(unicorn-nest.com)
- Kingscrowd shows many separate 2021 SPVs titled “X, a Series of Jason’s Syndicate 2021,” each raising hundreds of thousands to roughly $1.4M (e.g., Giggster, Kippo), confirming active 2021 syndicate deal flow but not giving a complete universe or roll‑up total.(kingscrowd.com)
Later interviews show scale but not a backward-looking 2021 tally:
- In an October 4, 2022 Acquired episode, Jason says his angel syndicate is the largest in the world and that he has deployed $185M in his career and is “doing $50 million a year now.” This is a current run‑rate claim as of late 2022, not an audited statement about calendar‑year 2021 performance at TheSyndicate.com.(acquired.fm)
- In a 2023 Meb Faber interview, he explains that only about half of the companies his fund invests in actually choose to do a syndicate; the syndicate thus represents only a subset of his overall capital deployment, which further complicates any attempt to infer 2021 syndicate volumes from his total investing activity.(mebfaber.com)
Because TheSyndicate.com is a private angel syndicate, there is no comprehensive, public, year‑end 2021 report of (a) exact number of syndicate deals closed or (b) total dollars deployed via those SPVs. Third‑party databases clearly undercount relative to known deals, so they can’t be used to safely declare the prediction wrong, and Jason’s later public comments don’t explicitly confirm or deny whether the 2021 target of 60 deals and ~$50M through TheSyndicate.com was actually met.
Given the lack of authoritative, complete data, the accuracy of this specific 2021 forecast cannot be determined from public information, so the result has to be rated as ambiguous rather than clearly right or wrong.