3min chapter

20Angel cover image

20Angel: Andreas Klinger

20Angel

CHAPTER

How to Be a Good Investor at Pre-Seeds

One of my main jobs is actually to help with introductions and try to set up the first round. I strongly believe if you raise anything above a million you should have a little C because it basically signals to the rest of the market that you didn't just randomly convince a group of people even if they have good names. You can't expect your next investors to know all of these angels so the current market has to be elite. One of the biggest challenges that VCs and angels have right now is being able to be summarized as a brand and being value at which I think is a horrible oversimplification.

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