Anyone who regularly reads this column knows I love AngelList. It’s the matchmaker service between promising startups and early stage investors which has revolutionized angel and maybe even VC investing. There has been a slew of recent articles on AL, including good ones from Venture Hacks, Venture Beat, and BostInnovation. But while there are a few guides on how to hack AngelList from a startup’s point of view, almost nothing exists for angels looking to get … Read More
This post will replay some of my thought process prior to investing in CardMunch. I’ll attempt to discuss not just the standard checklist features (“Is beta built?” “How much revenue?”) but also the intangibles that led me to jump in.
At startup presentations, I initially have interest in probably 1 in 4 deals, but in most cases any infatuation goes away after a little due diligence on the team and market. In the end, the actual hit ratio ends … Read More