angel investing

“I mean, the angel investing is deeply addictive. It makes no sense to do. Financially.”

“Which I've across like 50 angel bets. I've done that before where I'm like, I see some issues with this business, but I like the founder, so I'll do it. Or the team is not, is maybe like a seven out of 10, but like the products at 10 out of 10, let's do it any…”

“This is how a lot of VCs actually invest is they invest in one good founder and they say, who else should I invest in? And then they go try to invest in those people. And it's a pretty good strategy. That's how I've approached angel investing where sometimes I…”

“Usually you want to be investing pre-incorporation. You want to be given that handshake before the company's even been formed. So you're going to get the best price and the most clout, which is what angel investing is all about. Low entry prices and clout.”

“I won't invest in your company unless you have somebody who Is, is equal to you. That is as good as you at what you do at engineering and they're as bought into the mission.”

“If you can play some role in the journey that your friends have, or like other people, you know, have, In going from, should I start a thing to I'm doing this thing? Oftentimes you have pricing advantage of that, but you're also like part of the journey and pa…”

“And they've taken, like, the route of Big Head in Silicon Valley, the HBO show, where they're just kind of, like, resting, investing, just kind of chilling out, making lifestyle decisions while writing angel checks. And that feels like a real moral failure of …”