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39% of angel investors are losing money--is there a better way?
- michaelpinto 15y agoIs it just me or does that number seem good when you think about the fact that those investments are high risk?
- vnchr 15y agoIf 39% was the odds of a single angel investment giving positive returns, than yes, that could be a good number. The problem is 39% is the average portfolio performance per angel who is makes multiple high risk investments. It's a problem because if angel investing isn't profitable, those who have invested will have less and less to invest and fewer new angels would be attracted to it or be likely to make multiple investments.