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Stay the hell away from angel groups. Only deal with individual angels investors. Angel groups almost universally consist of large numbers small time "investor
by axiom 17y ago
Stay the hell away from angel groups. Only deal with individual angels investors.
Angel groups almost universally consist of large numbers small time "investors" who don't really have the net worth to invest on their own. They take months and months to make a decision, and will invest a smaller amount, at a lower valuation than any individual angel.
I've yet to meet a single serious angel investor who's had anything positive to say about angel groups.
- pg 17y agoYes; that stuck out for me too. In our experience, angel groups are a complete waste of time.