For 90 % of angel investors, they have a day job, so this is something they're doing on the side. There are very few people who are kind of full time angels. So that makes the timing even more condensed,. where you have all these deals and you have to invest in a handful of em how what are they looking for, like right off the bat? And then finaly, priced, the deal terms need to make sense for everybody involved.
Awesome chat with Angela Lee (37 Angels, Columbia Business School) about angel investing. We talk through what angels are looking for, who should try to raise from them, what'll happen if they do, and what the other options are.
Then, we spend the last 15 minutes starting a $100mm Taco company. Angela walks through the process goals and financial milestones she'd want to hit in a fascinating startup exercise.