Domain Expertise vs Domain Experience

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There's so much emphasis put on domain expertse these days. I think it depends on the type of product or building. There is some data to show that for a be to be product, you deeply understand customer ampathy. You have to be credible that you could have walked in their shoes. And i think that is much more relevant if it's a deeply technical product.

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.