Adrian Aoun discloses early angel investment in Wish
Adrian Aoun · 20VC: The Core Lessons From Building a 150 Startup Angel Portfolio, Why Founders Who Angel Invest Have Such Strong Advantages and Why The Lean Startup Makes Less and Less Sense Today with Adrian Aoun, Founder & CEO @ Forward · May 25, 2018 · at 26:00
Adrian Aoun, founder and CEO of Forward, discusses portfolio winners during an interview on 20VC.
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“So for example, a company I'm lucky enough to be an investor in is wish which used to be called context logic.”
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More from Adrian Aoun
Adrian Aoun: Systems startups require an MVP covering the entire vertical system
“And the truth is that you can't go after systems problems until your MVP, your minimum viable product, is a version of the whole system.”
Forward built a functioning physical doctor's office 90 days after launch
“90 days into starting forward, we had a full doctor's office up and running with real doctors, real patients.”
Adrian Aoun: Tech founders dismiss regulation prematurely due to online freedom
“We are so used to just being able to do whatever we want online that any sort of regulation we look at, and we honestly throw our hands in the air and say, ah, screw it. This is dumb. Before we even seek to understand.”
Adrian Aoun: Regulation is less prohibitive for startups than founders think
“I don't think it actually is as prohibitive for startups as people would imagine.”
Adrian Aoun targets unsexy sectors like energy, education, and healthcare
“As an angel investor myself, frankly, I love those. I'm not looking for the Get rich quick scheme. More what I'm looking for is things that are going to have massive, massive impact on the world. What are the next Google, the next Apple, but let's go after the…”
Adrian Aoun does not ask founders for pro-rata rights in angel deals
“I actually don't try and ask people for pro rata rights, et cetera. I figure, you know what, if I'm a helpful added value investor and it's good for the company and it's good for them, then they'll go ahead and they'll give me an allotment and they'll be nice.”