Re:Angel investor: Want my money? Here's my checklist
by joshu on Monday October 06, 2008 @01:06PM
(#325094)
I agree. Being an angel is, in my mind, about belief. If value can be easily demonstrated, the valuations would be higher.
Re:Angel investor: Want my money? Here's my checklist
by netcan on Monday October 06, 2008 @06:25PM
(#325398)
I don't think it's about being demonstrable. Start with plausible. A lot of the items are about intent. While you can never be sure that items like '1-$2m tops before reaching 25 -$50m value' are a yes, you can often be sure that they're a no.
It might be in the strategy. The strategy might not be viable without more down the line.
Works as an exclusion list.
if things were nearly as much of a lock as this person demands, i sure as shit wouldn't have to slum it with angel funding, i could go to a marquee vc firm