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The 25 Step Angel Investing Checklist
Angel investing in tech startups can be a massive source of wealth creation. It’s sexy too, who doesn’t want to say they’re an angel investor. And what better way to spend your time than by meeting some of the most inspiring and innovative individuals building the world-changing business of tomorrow.
But it is not all unicorns and rainbows. Angel investing has major risks.
Because most companies go to zero.
Because investing is about more than just looking cool and having fun.
Because there is serious money at stake.
And maybe most importantly of all, you’ve probably never done this before. You’re not an investor by trade — you’re an operator, a doer or maybe even a successful lawyer or dentist etc…
Either way, getting into angel investing is often a trial by fire — lots of investments, lots of money lost… But it doesn’t have to be, not if you follow some basic frameworks, think about investing like a job (instead of a hobby) and avoid getting swept up in the charisma of the founder or enormity of the opportunity.
Here’s a checklist to get you started. And while I can’t guarantee success, if a founder/startup…