5 ms·
Not to pry, but I'd be curious to know how those investments did for you, if you don't mind sharing! Institutional investors often succeed at nabbing seed-stag
by logicallee 7y ago
Not to pry, but I'd be curious to know how those investments did for you, if you don't mind sharing!
Institutional investors often succeed at nabbing seed-stage investments then holding onto them through 10,000%+ profit. In fact, I heard that in most cases, a few outsize successes are responsible for most of an institutional portfolio's returns.
- tlb 7y agoBetter not to count the chickens before they hatch. In general, with companies that are doing well, I'm doing as well as any investor would. With companies that failed, I walked away with $0 and no hard feelings. There are some in the middle that an aggressive investor could have gotten more money out of in return for some hard feelings. But as you say, most of the returns come from the big wins so it's best to spend your effort on finding more of them.
- logicallee 7y agoThanks for this answer. I actually thought you might have to be aggressive not to be diluted, on your companies that are doing well. (Like they would just ask you to sign new paperwork since they're more valuable now, and an angel might cave and do so, since they're still getting a "fair" return. Actually I thought that was the point at which investors have to be hardest.)