angel investing

5 statements across 4 episodes · 1 bullish · 3 bearish · 2 people on the record · first statement Apr 11, 2022 by Codie Sanchez · across every show →

Everything said about angel investing, oldest first

Apr 11, 2022 positive
Insight
Codie Sanchez: Investors with an audience should always demand unfair deal terms
“And if you have money, And expertise and like audience or a name, you should be getting unfair terms every single time.”
Codie Sanchez Apr 11, 2022 ▶ 5:38 All You Need to Know to Buy a “Boring” Business
Apr 25, 2022 neutral
Insight
Sanchez: Do not use angel investing to build early wealth
“In fact, it's why I don't think that most people should angel invest until they have some money. Like, I do not think angel investing is the way to become rich or wealthy early. Like you need to maximize your earnings. You need to get cashflow because you don'…”
Codie Sanchez Apr 25, 2022 ▶ 7:27 How to Think About Angel Investing
Nov 22, 2022 bearish
Disclosure
Lieberman: Reallocating all angel investing capital to personal side projects
“I've learned in the last year that I hate angel investing. So actually my strategy has changed to, I'm just going to take all the money that I had your mark to put in angel investing. And I'm just going to use it to bet on side projects that I'm building mysel…”
Alex Lieberman Nov 22, 2022 ▶ 52:06 How Codie Sanchez Built a $50 Million Portfolio of Boring Businesses, and the #1 Skill to Learn in a Recession
Nov 22, 2022 bearish
Insight
Sanchez: Angel investing is dumb for 99.9% of people
“I think angel investing is dumb for your first dollars. You're going to lose 80% of your takes. So I still think angel investing is dumb for 99.9% of people. Don't play a game where you bet on other people's ability before you've bet enough on your own and sta…”
Codie Sanchez Nov 22, 2022 ▶ 51:33 How Codie Sanchez Built a $50 Million Portfolio of Boring Businesses, and the #1 Skill to Learn in a Recession
Sep 1, 2023 negative
Disclosure
Lieberman quit angel investing because he prefers hands-on advising over writing checks
“After spending a year on angel investing, I ended up deciding I hated angel investing because my desire to partner with founders is not to partner from a monetary perspective. It's to partner from like Yeah, exactly. It's to partner from a knowledge and suppor…”
Alex Lieberman Sep 1, 2023 ▶ 25:40 Why I Lost Motivation After Selling Morning Brew
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