Every Thursday, 600+ angels get three angel network-backed deals and my weekly rundown.

• Which of those companies are still raising

• How to reach the founder

• A deal memo

• The pitch deck

• My thoughts on the deal

• The deals that cross my desk personally

That's where The Diligent Observer Exclusive comes in.

The Diligent Observer Exclusive is for investors looking for actionable deal flow.

The public newsletter tracks angel network investment activity, and many of those deals have already closed. Essential intel to keep an eye on, but with limited actionability.

The Exclusive is for investors looking for more.

• Not just a notification that the company raised: you'll see deals that are still actively raising.

• Not just a focused 2-3 sentence overview: a fuller deal package, including a deck, details about the raise, traction, the competitive angle, risks, and my personal take - all in a simple, consistent, easy to navigate deal platform you can access 24/7.

• Not just deals backed by an angel group: you'll also get access to the deals that come to me directly.

Where these deals come from

1. From the Newsletter: The angel-network-backed pipeline. Every week, I track angel group investment activity across 100+ angel networks. This is what the public newsletter is built on. The difference for Exclusive subscribers: when one of those groups backs a company, I personally reach out to the founder or investor group to find out whether that company is still raising, gather additional information on the deal, and prepare a memo exclusively for subscribers. These deals have already cleared a real investor group's diligence process, and if that's a signal you value, seeing the ones still raising is likely well worth your time.

2. Beyond the Newsletter: My private pipeline. I sit in a unique spot, and run into fascinating opportunities ALL. THE. TIME. Here are the circumstances through which I have built meaningful relationships and regularly source deals:

   1. I run The Diligent Observer Podcast, which is entirely focused on angel investors and through which I've personally interviewed 75+ angel network operators, VCs, and ecosystem players.

   2. I run The Diligent Observer Newsletter, through which I've tracked 200+ angel network investments from 100+ angel networks (see above).

   3. I run PitchFact, a service business that provides white-labeled infrastructure for angel networks, where my team and I literally run angel networks for a living.

Founders, investors, friends, and strangers approach me and my team with deals directly, often before anyone else has seen it. I don't share most of them. But when one's interesting enough for me to put some of my social capital on the line, I package it up, tell you why, and share it here first.

Standard vs. Exclusive

Founding member pricing

I'm opening the Exclusive with a founding rate less than a casual dinner out for the first 25 members. Why: backing something early, before there's a pile of reviews, carries more risk than joining once it's proven. The founding rate is how I price that in. These first 25 lock in their rate for good, even after the price goes up for everyone else, and they'll have serious opportunity to shape where the Exclusive goes from here.

The standard rate will be $100/month. Founding members pay half: $500/year (two months free) or $50/month

Try it risk-free. Give it up to 30 days. If you think "meh" afterward, email me and I'll refund you in full. Anything you've already seen is yours to keep either way.

Only 25 founding seats. I personally reach out to every founder (including jumping on the phone with many of them), gather their details, and review every memo. That doesn't scale, and I'd rather do it well for a small group to start than poorly for a big one. When the first 25 are gone, the rate goes up and stays up.

One thing before you claim a seat: the Exclusive is designed for accredited investors only. These are live, private raises, so I keep access limited to accredited investors. When you sign up, you'll need to self-certify that you qualify.

Note: Nothing here is to be construed as investment advice and I am sharing for informational purposes only. Platform access limited to self-certifying accredited investors only.

Talk soon,
Andrew Kazlow

Writer & Host, The Diligent Observer