Summary: Here are 3 microhacks for finding a lead investor: (1) If followers have good reasons to not lead, ask them for introductions to potential leads. (2) If you’re early stage, find seed investors who invest in people and high risk startups. (3) If every prospective investor says “we don’t know the market,” find investors [...]
Entries Tagged as 'Angels'
How do I find a lead investor? Part 2
January 24th, 2008 · Comments Off · Angels, Introductions, Lead Investors, Markets
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How do I find a lead investor? Part 1
January 24th, 2008 · 1 Comment · Angels, Lead Investors, No
“Those kind of ‘sit on the sideline’ investors are worthless to you if you want to get a financing done… if you are raising a financing of any kind, spend all of your time looking for a lead investor.” — Fred Wilson, Union Square Ventures Summary: Financings happen when you find a lead investor, negotiate [...]
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Raise money from VCs or angels?
October 19th, 2007 · 9 Comments · Angels
Q: Should I raise money from VCs or angels, all things being equal? There is no prototypical VC or angel. Instead of pitting VCs versus angels, consider their perceived pros and cons and choose the best available investor. Angels are perceived to have less money, invest for fun, make their investment decisions quickly, and not [...]
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Potpourri: Introductions, Auctions, Tranches, and Co-Investors
August 8th, 2007 · 2 Comments · Angels, Auctions, Co-Investors, Introductions, Tranches
Summary: Angels make more introductions than VCs because angels need co-investors. You can’t clear the market in series–you can only clear it in parallel. Tranches are dumb–they have zero upside and catastrophic downside. Two investors aren’t always better than one. Finally, a ‘very special’ message to graduating Y Combinator founders: don’t do deals on D-Day [...]
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Office Hours: Technical Error Edition
June 8th, 2007 · 10 Comments · Angels, Auctions, Dilution, Office Hours
“You cannot clear the market in series.” – Office Hours “Investors move in herds that are steered by scarcity and social proof.” – Office Hours Summary: This article includes audio and notes from our first office hours. Topics include selling 51% of the company, dead equity, and setting good terms with angels. Yesterday, we held [...]
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