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Do You Know How Many Investors Did You Meet With?
Most angels make one bet, and they don't do follow on. And so if the company's not growing, well, of course they're knotkin to follow on. In those troubled cases, maybe ten or 20 % of the money will come in. So go meet with, email 50 investors and tell me how many meetings you got, and then tell me how much terms she as you got. That's the best thing you can do as an invessor. Say, did you do the work?"