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Angel investing needs to be automated and commoditized. I believe the focus on having superior foresight and personalities in this space are nonsense, especial
by Mengkudulangsat 6y ago
Angel investing needs to be automated and commoditized.
I believe the focus on having superior foresight and personalities in this space are nonsense, especially when we have over 40 years of actuarial data to study from.
The known knowns and known unknowns of angel investing should be well modellable by now, just like flood risk. This should translate to fund structures, deal terms and milestone expectations that can be made transparent and standardized across geographies and across industries.
I would like to see angel investment being accessible to A LOT more people than the lucky few in Silicon Valley. If portfolio size is the best determinant of success, imagine an angle fund the size of Blackrock.