7 ms·

IF Gabriel is reading this: How did you meet the VCs/Angels you already knew?

by nh 15y ago

epi0Bauqu 15y ago
--Angels mainly through angel investing myself, which I realize most people cannot do. --Entrepreneurs who have been funded before from going to events and getting intros through other people over the years. --I really didn't know many VCs. I met a few through entrepreneurship events in Philly. One through an angel friend a while back. And one I worked for 10 years ago.
- eps 15y ago
  Would you say that doing an angel investment (with no prior experience and no ties into the angel community) is a hard or risky thing to do? I've been considering trying it, but basically don't know where to start...
  - epi0Bauqu 15y ago
    This is a detailed topic, but basically you have to expect to lose all your money, and if you want to be serious about it (with a better expected value) you have to do a lot of deals over a long period of time. That being said, you have to start somewhere, and the best way to do that is to co-invest with people. I would meet local angels and hook up with them.
    - eps 15y ago
      OK, co-investing makes sense. And by "risky" I meant more of losing time and nerve cells rather than money (which is an inherent risk), but I guess these are connected.
      - epi0Bauqu 15y ago
        Well not necessarily. A lot of people are completely passive. They write checks and never look back. I'm way more high touch and like to be involved, and so the time constraints are more significant.
  - secretasiandan 15y ago
    Assuming you know what you're doing or have a sense for what you believe the payout profile to be like, here's some metrics of the payout for N deals. If you're at all risk averse, you probably want a percentile more like the 10th percentile payout, but this shows 50th percentile. http://talkfast.org/2010/04/28/angel-investing-simulation-part-2 http://talkfast.org/2010/04/28/angel-investing-simulation-pa...

IF Gabriel is reading this: How did you meet the VCs/Angels you already knew?

by nh 15y ago

IF Gabriel is reading this: How did you meet the VCs/Angels you already knew?

--Angels mainly through angel investing myself, which I realize most people cannot do. --Entrepreneurs who have been funded before from going to events and getting intros through other people over the years. --I really didn't know many VCs. I met a few through entrepreneurship events in Philly. One through an angel friend a while back. And one I worked for 10 years ago.

eps 15y ago
Would you say that doing an angel investment (with no prior experience and no ties into the angel community) is a hard or risky thing to do? I've been considering trying it, but basically don't know where to start...
- epi0Bauqu 15y ago
  This is a detailed topic, but basically you have to expect to lose all your money, and if you want to be serious about it (with a better expected value) you have to do a lot of deals over a long period of time. That being said, you have to start somewhere, and the best way to do that is to co-invest with people. I would meet local angels and hook up with them.
  - eps 15y ago
    OK, co-investing makes sense. And by "risky" I meant more of losing time and nerve cells rather than money (which is an inherent risk), but I guess these are connected.
    - epi0Bauqu 15y ago
      Well not necessarily. A lot of people are completely passive. They write checks and never look back. I'm way more high touch and like to be involved, and so the time constraints are more significant.
- secretasiandan 15y ago
  Assuming you know what you're doing or have a sense for what you believe the payout profile to be like, here's some metrics of the payout for N deals. If you're at all risk averse, you probably want a percentile more like the 10th percentile payout, but this shows 50th percentile. http://talkfast.org/2010/04/28/angel-investing-simulation-part-2 http://talkfast.org/2010/04/28/angel-investing-simulation-pa...