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The angels I've met are looking for stratospheric upside when there's high risk. Proven, ongoing revenue puts you in the driver's seat. You've cut the risk of
by nobody_nowhere 17y ago
The angels I've met are looking for stratospheric upside when there's high risk. Proven, ongoing revenue puts you in the driver's seat. You've cut the risk of an investment dramatically relative to a buying into a couple of 22 year old guys with just a wacky idea that has a minuscule chance of a 100,000% return.
You need a different kind of investor than the ones who are playing startup roulette. They're out there. There's a lot of money looking for a new home.