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Yes but picking between investment opportunities is a bit different than starting a company. If you have enough money to buy a significant chunk in an angel rou
by quadrature 11y ago
Yes but picking between investment opportunities is a bit different than starting a company. If you have enough money to buy a significant chunk in an angel round then you also have enough money to open yourself up to other less risky investment opportunities.
- jkarneges 11y agoSome people like living on the edge. Angels are a certain kind of crazy. Also high risk -> high reward, right? 10x in 7 years can be game changing.
- ska 11y agoThat's lottery style thinking, and will get you the predictable results - almost certainly. Maybe turning this around will help you see how ineffectual this is: If you are a naive investor desperate to put all of your small stake into one company and I am an early stage startup, why would I want your money if I can have smart money with a good network instead? And if I can't have that, if I'm desperate for the investment, well your odds just got much, much worse.