2 ms·
Putting aside business models, valuations, and the amount of each investment, there are 2 reasons this founder would rather talk to an angel: 1. It's more like
by edw519 16y ago
Putting aside business models, valuations, and the amount of each investment, there are 2 reasons this founder would rather talk to an angel:
1. It's more likely to be his/her own money.
2. They probably earned it themselves.
Don't underestimate the effect of these 2 points on their relationship with you.
I would expect a little more TLC from someone who's investing the result of their own hard work over someone who's more concerned about third party ROI.
- lzw 16y agoI'll ad a third: 3) Several experiences watching startups I worked for get: a) forced by VCs to spend money poorly that resulted lower exits. b) bent over a barrel playing games trying to get funding from vcs c) lose direction because the CEO and executives were spending more time chasing money than focusing on the product