Savvy angel investors focus on execution over hypothetical 'what if' scenarios
Ben Nader · FF 011: 'The Savviest Investors Don't Ask What If' with Ben Nader, CEO & Founder @ Butterfleye · Sep 4, 2015 · at 18:46
Ben Nader, founder of Butterfleye, shares key lessons and indicators for evaluating potential angel investors during fundraising.
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“One of my radar detectors for bad angel investor, if you will, is if they're asking me as a founder to any, what if this, What if that? There are a million what ifs it could go. My radar for a good angel investor is if they're asking me, ah, they're sitting down with me and asking me about the business case and asking me about what is your vision of the company, asking me about what execution have we done to get here, where are we gonna go? It's too many what if this, what if that, what if, you know, your biggest competitor does this, what if your biggest, what if Google does that, and There, there's so many different ways it can go, so I try to avoid that, and I found that the most savviest investors don't ask you that question.”
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