To get into deals, you generally have to reach out to founders directly & tell them that you'd be interested in investing if they're ever raise OR you might be reached out to by a VC who's leading the deal.
As I describe it - there are 2 types of deals. Those that have raised from an institutional VC & those that have not. My investment mix is about 50/50. It's always a balance bc if a startup hasn't raised institutional, it might be more risky.
Pre-VC deals are more fun for me because I can often help 'make' the deal by providing the founders lots of intros with top funds. I inadvertently created a big network with investors while networking into VC.
Another thing is thinking through your personal branding and WHY founders should let you invest. As I mentioned, it's expensive & complicated to have angels on your cap table so angels need to provide a clear value proposition to founders.
One of the best ways is to become an expert in a certain field or subject matter area, so you become a go-to person that founders want to get feedback from. For me this has naturally been fintech. Invest in what you know.
Also, only do angel investing for FUN and not to make a quick buck. This is a LONG TERM process & you might not see any returns for a decade. You should feel comfortable if your investments go to 0. I can get quick returns in stocks, but I love helping founders & can't stay away.
Additionally, both founders & investors should continue to invite women to their cap tables. Deal flow is gold, and most networks are still almost exclusively men. Gender diversity on cap tables will create more diverse companies in the future & help spread the wealth.
I could probably go on for another hour, but that's enough tips for today!
You can follow @abarrallen.
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