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Is that 100 startups with ideas, you would be willing to build yourself?

• irjustin 7y ago
  As an investor, no, don't limit yourself to ideas you would build yourself. Know just enough to decide whether the idea has merit and the team is worth the trouble. Angel.co has a great article because there's enough data now to make some insights[0]. TL;DR; any credible deal - get in on it. But it needs to be law of large numbers, so don't start until you can support 100/60/30/5 deals for your size. No matter how good the idea/team sounds at the angel level, it's likely to fail. YC still has a 50% failure rate >5 years. Arguably they're the 'great filter'. https://angel.co/blog/venture-returns https://angel.co/blog/venture-returns