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My hunch is that most angels have random deals come to them, and most of those not being the specialty of this person, get tossed aside. Then there is a group
by DenisM 11y ago
My hunch is that most angels have random deals come to them, and most of those not being the specialty of this person, get tossed aside.
Then there is a group of angels who tag-team, and if one finds a deal he can't grasp, he would redirect to another member of the team. 12 people cold cover an area of expertise that's 12 times larger.
At least that's what I think should be happening... Does it?
- jacquesm 11y agoYes, pretty much. A single angel investing without a network is in dangerous territory, but that's the exception, not the rule. Most angels do have a network, that's also how you find them in the first place.
- DenisM 11y agoPerhaps the world is different, more optimal, in your neck of the woods. We've seen our share of angels coming up with all kinds of reasons to bail out, and never seen one saying "oh jeez, supply chain management is not my thing, let me ask Bob - he likes this stuff". I doubt they all knew the supply chain well enough to judge, but judge they did. I hear what you're saying, it all makes sense. I just don't see it unfolding before my eyes.