Would angel investors trust an automated portfolio tracker, or stick with spreadsheets?
After making 50+ angel investments, I still struggled to answer a basic question: what is my private-company portfolio actually worth today?
The data is fragmented across spreadsheets, inboxes, AngelList, Carta, different currencies and irregular founder updates. The startup idea we're testing is a single portfolio view that can sync cap-table sources, track valuations and funding events, and flag important changes.
We have built an early beta called Sable, but I would value blunt feedback before we take the idea further:
- How do you currently track angel or private-company investments?
- Would you trust automated valuations and cap-table integrations? Why or why not?
- Which information would have to be visible for the product to replace your spreadsheet?
- What would be the biggest reason not to use something like this?
We are looking for up to 20 beta testers who actively make angel investments. The beta is free in exchange for honest feedback: https://sable.sequel.co/
Disclosure: I am part of the team building Sable. The goal of this post is to validate the problem and learn what investors actually need, not to solicit investment.