Between 2012-2015 I made 16 angel investments (+ 1 fund investment). With a recent exit, it seemed like a good time to look back, reflect and share. (#22)
Thanks for being transparent and honest about the process! As a founder I totally agree with the role of an angel - it's more about the relationship than the check size.
I'm wondering if you'd like to meet with my friend/advisor Colin, he'd probably love to have you on his Wannabe Angels podcast!
I know Colin actually. Feel free to recommend me for the podcast! I'm not an active angel anymore, although I'm still investing through Highline Beta (venture studio / VC firm).
I really enjoyed reading this, thanks for sharing your experience! I started writing micro checks ($1-$3k) 5 years ago and share many of your thoughts/experiences on the topic. Going from Angel -> VC, how much of a gap is there in investor knowledge for angel investors?
And just a heads up, you can actually invest in startups for just $100 through platforms like Wefunder, StartEngine, Republic :)
The big gap between angels and VC is more structural than anything else. As a VC you're typically using other people's money as well, so you should be more rigorous and diligent about things. There's also a lot of administrative work.
But knowledge wise, it's fairly similar. It's still about finding the right deals, at the right stage/entry point, with a strong thesis. In VC you have to do everything in a more organized manner though.
And you're right - you can invest as little as $100 in platforms like that, but it's not necessarily going to give you the same brand building you'd have going direct or through a professional VC fund.
Thanks for being transparent and honest about the process! As a founder I totally agree with the role of an angel - it's more about the relationship than the check size.
I'm wondering if you'd like to meet with my friend/advisor Colin, he'd probably love to have you on his Wannabe Angels podcast!
I know Colin actually. Feel free to recommend me for the podcast! I'm not an active angel anymore, although I'm still investing through Highline Beta (venture studio / VC firm).
I really enjoyed reading this, thanks for sharing your experience! I started writing micro checks ($1-$3k) 5 years ago and share many of your thoughts/experiences on the topic. Going from Angel -> VC, how much of a gap is there in investor knowledge for angel investors?
And just a heads up, you can actually invest in startups for just $100 through platforms like Wefunder, StartEngine, Republic :)
The big gap between angels and VC is more structural than anything else. As a VC you're typically using other people's money as well, so you should be more rigorous and diligent about things. There's also a lot of administrative work.
But knowledge wise, it's fairly similar. It's still about finding the right deals, at the right stage/entry point, with a strong thesis. In VC you have to do everything in a more organized manner though.
And you're right - you can invest as little as $100 in platforms like that, but it's not necessarily going to give you the same brand building you'd have going direct or through a professional VC fund.