Re: Ask Me Anything About Being An Angel Investor
can you please provide an example of a transaction, obviously you don't have to use a real example if there's confidentiality issues. how much money did you invest, what share of the company did you get for your money, how long did your investment last before you cashed out, etc.
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I suppose compared to other angel investors i might "suck" I only made 6 figures this year.
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since 5% of the 11mm you have to invest in this stuff is already >500k, making 6 figures isn't really saying that much, especially if you haven't had any big failures yet. i would guess returns on successful projects should be well into the double digits annually to justify the high risk of total loss when investing in startups, so why aren't you making 7 figures?
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