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As an Angel.Yes.I take bets VCs would not. Also it's not a business for me as it is for a VC. Yes of course I primarily do it for returns but a very close if no
by monkeydust 5y ago
As an Angel.Yes.I take bets VCs would not. Also it's not a business for me as it is for a VC. Yes of course I primarily do it for returns but a very close if not equal second is that i take pleasure from risky bets and giving entrepreneurs hope ,it's fun and I always learn something even if I lose money...and being in the UK the tax breaks are good at limiting the downside.
- k__ 5y agoInteresting. I would have guessed it's the other way around. Since VCs have usually more money on their hand, they can diversify more and take bets.
- monkeydust 5y agoWe both take bets. Yes they take far more than I do. I take more risky bets in the sense that I would fund pre-revenue companies (higher % lets say). Having said that recently there has been explosion on seed stage VCs trying to grab angel money directly and deploy to startups through funds with tax incentives. Not my thing, prefer to go direct, they have resulted in more inflated valuations and competition though but good for the startup not necessary your average joe angel like me.
- throwaway210222 5y ago> and being in the UK the tax breaks are good at limiting the downside. Pray tell?
- monkeydust 5y agoGood writeup on them here - https://seedlegals.com/resources/what-is-seis-eis-an-essential-read-for-uk-startups/ https://seedlegals.com/resources/what-is-seis-eis-an-essenti...