Pedigree/track Record doesn't have to mean tech startups, deep experience in the industry vertical also counts. If you look at say startups serving the oil/gas

Pedigree/track Record doesn't have to mean tech startups, deep experience in the industry vertical also counts. If you look at say startups serving the oil/gas industry they're mostly founded by founders with industry backgrounds from outside of tech hubs. If you're in that kind of scenario I'd recommend finding people who cross both the industry in question & the tech industry (i.e. angels with a background in the industry, other tech founders in your industry, etc.) Although if you're based outside the major tech hubs it's probably easier to focus on local investors for early rounds.