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Two pieces of advice I would give to any aspiring investor: 1. Join a high-growth startup — The best way to learn to identify a future unicorn is to work for one. Start Angel Investing Trust me, I know how out-of-touch it sounds for someone to tell you, “Want a job?
More often, it is easier for a company to gain additional support from its existing investor base as compared to net new investors. In doing so, startups are often willing to maintain their previous valuation creating a favorable situation for both parties. Everyone is familiar with that stat "9 out of 10 startups go bankrupt".
I recently passed the two-year mark since becoming a full-time “professional” angelinvestor, and I wanted to celebrate this anniversary by sharing more details with you about how I got here. He discovered me by filtering through profiles on Crunchbase , an industry directory that featured startups and investors.
Vetting dealflow is part of the job. He could have offered to vouch for her to the angelinvestors, and told them how that wasn't really a market deal--and encouraged them to offer something more in line with the market. Your network never signed up to do your outsourced job for you. Makes my skin crawl.
So the smartest thing I ever did in this where Social Leverage started is I took everything I made and just redistributed it to everybody I saw doing a startup around … RITHOLTZ: Just every company. RITHOLTZ: So your Social Leverage is dealflow connections, access to start founders, access to capital… LINDZON: Low capital requirements.
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