Tue, 17 May 2022
Angel Investing Best Practices Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. Angel investing is fun but difficult, especially if you want to make a return on your investment. Here are some best practices to keep in mind: Treat entrepreneurs well because word travels fast in the startup community. No matter how hard you study, the real learning is in the doing. You can lose all your money in a deal at any time so it’s best to consider the money gone once you write the check. The best learning comes from other angel investors. Valuation is a negotiation, not a formula. You need a large number of deals to review to be successful as an angel investor. It’s best to diversify your investments and have enough to hit a winner. Just as in running a startup, it’s all about the startup team -- so in angel investing, it’s all about the investment team. Just as startups need expertise, so angel investors need expertise, whether it be a network, mentorship, experience, or other. Finally, invest in what you know. For more episodes from Investor Connect, please visit the site at: http://investorconnect.org Check out our other podcasts here: https://investorconnect.org/ For Feedback please contact info@tencapital.group Please follow, share, and leave a review. Music courtesy of Bensound. |