A lot of people ask us how to get started with angel investing. The truth is, it's not hard to become an angel! It's only hard to be a good one. We spoke with 5 successful angel investors @Delk @Aaronschwartz35 @jmj @Maiab @janamal to get their take https://medium.com/afore/how-to-get-started-in-angel-investing-709a4731a8ac … 1/10
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But just because you can become an angel doesn't mean you should! Whether money or time, you have to have skin in the game to be a good angel. 4/10
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"The biggest question any angel needs to ask themselves is if they’re in this for fun or as a serious endeavor,” says
@Aaronschwartz35. 5/10Prikaži ovu nit -
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@Maiab jokes: "You need to ask yourself: what if I fail to get returns? Just be honest with yourself: if investing is a hobby for you, okay, fine, but maybe consider taking up something cheaper, like lighting money on fire." 6/10Prikaži ovu nit -
Which is why it all comes down to belief in the startup you're investing in. Belief is an angel's superpower. 7/10
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Because as
@janamal of@lightspeedVP explains, angel investing at the pre-seed or seed stage might not require big checks, but it's still "extremely risky. Are you prepared to never see this money again?" 8/10Prikaži ovu nit -
And even if you do have faith?
@jmj says: you need to be patient. “I wish I’d known at the beginning of my career how long it takes to build a great company, so I could have been more realistic in terms of timelines.” 9/10Prikaži ovu nit -
For more thoughts on becoming an angel investor, check out our latest post here: https://medium.com/afore/how-to-get-started-in-angel-investing-709a4731a8ac … 10/10
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