3min chapter

The Knowledge Project with Shane Parrish cover image

#81 Jason Calacanis: Intelligent Risk

The Knowledge Project with Shane Parrish

CHAPTER

The Biggest Mistake Angel Investors Make

As a neophyte angel investor, you learn some lessons that would be helpful for other people. One of them is to wait until the product is in the market and talk to a customer. What you really need to do is bet small while you're learning. And just makeon the same analogy of five hundred thousand dollar bank roll, i would make twenty five two thousand dollar bets, put fifty thousand to work....

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