3 ms·
I agree that the quality of the deals won't remain constant, but I'm not certain the quality goes down with additional deals. Well-known angels have more and b
by gyardley 17y ago
I agree that the quality of the deals won't remain constant, but I'm not certain the quality goes down with additional deals.
Well-known angels have more and better-quality dealflow than lesser-known angels. When a round is oversubscribed, it's the well-known angels who are in it. And you only get to be a well-known angel by doing deals. Therefore I would expect some net benefit from doing more deals - up to a point, anyway.
- reitzensteinm 17y agoI agree that you're likely to increase your potential deal flow in the long term by staying active. I suspect you'd also learn a hell of a lot about angel investing too, and build your network which may be an asset to the companies you're investing in. All of which would have far more effect on the bottom line than spreading risk - it's just that, unfortunately, there's no simple way to build a model of it!