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Current live deal: WHOOP Secondary Opportunity (Accepting Soft-commitments)

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About Frens Syndicate

Frens is a private investment syndicate for founders, operators, executives, family offices, and angel investors who want access to great risk/reward deals and asymmetric opportunities.

Operating since 2023, Frens has grown into a community of 800+ members, with approximately 70% being seasoned founders. The group combines founder access, operator judgment and investor discipline to source, evaluate and participate in private-market opportunities.

Our goal is to create a leading in-class syndicate with access to superior tech deals, clear upside and a believable path to liquidity. At Frens, we're not only here to forge meaningful connections but also to create substantial financial opportunities.

Each opportunity is presented individually. Members choose whether to participate on a deal-by-deal basis. Typical member cheque sizes range from US$10k to US$200k+, depending on the deal.

Our Straregy:

Asymmetric returns through curated positions in category-defining private tech at growth and pre-IPO stages.

Sectors of Focus

We target high-asymmetry opportunities in: AI, advanced computing, quantum, photonics, robotics, defense tech, hardware, fintech, space, semiconductors, developer tools, and digital infrastructure.

Who is building it?

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Russell Abdullin

Founder of Frens Syndicate & Liquidity.Land. Founder of TruePNL (acquired). Russ has been building investor communities and tech products since 2017.

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Lewis

Co-founder of Liquidity Land. 10 years finance. Experience across investment banking, VC, and private equity/private (ex-Bain Capital). Founder and operator since 2021.

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Our principles

  1. Skin in the game: we are fully aligned with syndicate members and exclusively introduce projects in which we are going invest ourselves
  2. Clean legal structures: we prefer direct shares and use trusted platforms such as Allocations.com to avoid unnecessary complexity and legal risk (e.g. multilayered SPVs)
  3. Proper diligence process: before presenting a deal we run our own DD process, verify the seller and cover key commercial, legal, and structural questions