Originally posted on TechCrunch:
AngelList, the community of startup founders and investors, which has of late been transitioning from social network to investment platform, is increasingly becoming a place where early-stage and seed deals first get off the ground. Today, a new site built on top of the AngelList API, angel5, is making its debut, offering a founder-friendly dashboard that will help better connect startup founders to those investors who are relevant to their business.
The site was a weekend project from Wittlebee CEO Sean Percival, who refers to it as a “WeFollow for founders.” For those unfamiliar, WeFollow was a Twitter user directory which helped new Twitter users find others to follow on the social network based on shared interests. It was also a side project – the creation of Digg founder Kevin Rose. (Digg acquired the site back in 2009, but no longer owns it).
Like WeFollow, the idea with angel5 is primarily to provide lists of investors. The lists are based on market, region or other factors and beneath each one are “follow” buttons that users can click to begin following the listed investors on AngelList.