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Reid Hoffman on the Joby Aviation SPAC, lessons from early Airbnb & Facebook bets, passing on Stripe & SpaceX, investment thesis & more | Angel S5 E6

This Week in Startups

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Missed Opportunities in Angel Investing

This chapter recounts a pivotal investment proposal involving two Irish entrepreneurs aiming to innovate banking, ultimately leading to a missed opportunity. It explores the complexities of valuation discrepancies in the tech sector and the importance of meaningful ownership stakes for active investor engagement. The discussion reflects on past misjudgments regarding startup growth potential and stresses the evolving nature of investment expectations, mentorship, and strategic decision-making in venture capital.

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