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Female Funders
- dominotw 11y agoI had no idea that regular people can be angels.
- hkmurakami 11y agoThey should add Myth #5: "Angel Investments have high returns" to their list of myths. Most Angel Investors break even or lose money. Some research does show that with a very large number of high quality angel investment opportunities, one could possibly create some alpha, but constructing such a 50+ company portfolio is difficult for almost everyone. There's a reason why Angel Investments are traditionally in the domain of semi-retired bored people with too much money.
- andreasklinger 11y agoThis is one of the first things they mention http://cl.ly/image/1r1R0R0L3P3m/Image%202015-09-03%20at%2022%3A00%3A07.png http://cl.ly/image/1r1R0R0L3P3m/Image%202015-09-03%20at%2022...
- arihant 11y ago> For many, an angel investment costs less than your last vacation or professional development course. That sounds like a terrible way to look at investments.
- greglindahl 11y agoIt is not. Limiting your angel investments to "fun money" amounts is the easiest way to make sure you can't possibly lose material amounts of money.
- arihant 11y agoThat's not my point really. My point is that the number of investments one would need seriously get returns is not equal to number of vacations one takes in a year. It's like saying it costs as much as a movie ticket to buy a lottery ticket. Yes, it does. But that's a terrible use of $10. You will not likely win (or even win consolations to cover ticket price) with one ticket.
- tlb 11y agoAngel investments typically take 10 years to pay off, and the number of vacations one might take in 10 years is enough to get a big win.
- deleted 11y ago[deleted]
- SeoxyS 11y ago> Myth #4: Most angel investors are millionaires. Calling this a myth is absolutely false and misleading. In the US (and in most other countries), there are laws requiring all investments in non-registered securities to be made by accredited investors. An accredited investor is someone with a net worth of at least 1M, or an income of over 200k for two consecutive years. Most people who invest qualify through net worth.
- arihant 11y ago> Most people who invest qualify through net worth. While this seems true, this program is geared towards encouraging the other group (those who can qualify on high income) to invest.
- JesperRavn 11y agoso you say something is a myth, not because it is untrue, but because you want it to be untrue?
- xiaoma 11y agoIf you hover on the card for myth #4, if flips over and says "they typically earn $60k to $100k a year". Does this level of income qualify someone as an investor in the US?
- wpietri 11y agoUgh. On the one hand, I'm inclined to be supportive of pretty much anything that makes startup funding more diverse. Tech's current systemic biases guarantee missed opportunities. On the other, I think there's an awful lot of unsophisticated money flooding in right now, and I think it's a very dangerous time. There's no way I'd encourage people without significant expertise to jump into tech investment today.