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What will this all means in terms of "smart" angel money versus "dumb" angel money? If angel investing is becoming more a matter of prestige than thrill/returns
by beat 12y ago
What will this all means in terms of "smart" angel money versus "dumb" angel money? If angel investing is becoming more a matter of prestige than thrill/returns, it could become much easier to get an angel round, but at the price of dumb investors who lack the patience or stomach to deal with the ups and downs of startups.
I know I'm going to have to look for angel money in the next year. And when I find my angels, I want them to be the first people I turn to when things are hard. I want them to be genuinely helpful and supportive, not angrily demanding to get their money back at every little hiccup.