A founder’s guide to working with angel investors


Angels investors can be a confusing bunch. They’re individuals, not professional investors. And individuals are, well, individual. They have different investment theses, different goals, and different styles. One might be a veteran entrepreneur with a deep portfolio who avidly surfs AngelList in search of new prospects while another might be a retired surgeon looking for a new hobby. Some only invest when their friends do and others are comfortable leading rounds and following on. Unlike venture capitalists, angels’ only fiduciary responsibility is to themselves.

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