Ask HN: Advice for first-time angel investing

Posted by aloukissas on Thursday June 08, 2017 @05:10PM
from the ask-hn dept.

I'm seriously engaged with a founder and considering participate in his company's upcoming angel/seed round. Being really new to this (from an angel investor side), what advice would you give?

( 2 comments | on HN )

Re:Ask HN: Advice for first-time angel investing by byandyphillips on Thursday June 08, 2017 @05:21PM (#14517288)

Same advice as the stock market. Don't put in what you can't lose, hold on to it as long as possible, and understand all the rules and what you're getting. Also talk to a lawyer to draw up a contact. Best of luck!

[ Parent | on HN ]

Re:Ask HN: Advice for first-time angel investing by drewrv on Thursday June 08, 2017 @07:43PM (#14518083)

Treat it as if you're going up to a roulette table in a casino and putting it all on 3. In other words, don't expect to see this money ever again. You may get a huge payout but you probably won't.

For the mechanics of the deal, talk to a lawyer not HN.

[ Parent | on HN ]