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40 investors where "50% are in touch 1x per month, and 25% are in touch 1x per week." That's 60 emails a month (2 a day). Do you find this helpful? Can you ke
by beambot 12y ago
40 investors where "50% are in touch 1x per month, and 25% are in touch 1x per week." That's 60 emails a month (2 a day). Do you find this helpful? Can you keep them all so well-informed? Can you actionably react to all that communication and advice?
- aelaguiz 12y agoWe have 20 something investors and on a given month there are ~2 that send more than one e-mail, 5 that send 1 e-mail, and basically nothing from all of the rest. I don't feel a burden, tbh. I like it, when I need help I get it - and I have a few really solid mentors in the group. The only pain is at series A when I'm going to have to go get all of them to sign the closing docs. That'll be hard.
- HistoryInAction 12y agoDid you use an (investment) LLC to condense the angel round? That seems to make the paperwork easier for future rounds, I'm told...
- aelaguiz 12y agoWe did a syndicate on AL that condensed a $500k round into a single LLC. That was nice. The rest are individuals.