In the “good old days,” angels invested in seed-stage startups and teed up promising companies for subsequent venture capital financing. If the company was successful, this quickly led to an IPO – a very happy ending for the entrepreneur, the angels and the venture capitalists. My, my…how the world has changed. The two major differences [...]
Archive for the 'Exits' Category
In a recent discussion in Vancouver, Basil Peters and I discussed the fact that many angels are not making money on their portfolio of startup ventures. Then, our friend Frank Peters, host of The Frank Peters Show, invited Basil, Mark Skaist and me to discuss this topic on his show. This led to a discussion [...]
Basil Peters is acknowledged as the first to recognize and document the importance of an early exit strategy to entrepreneurs and early stage investors alike. In the past few months, Basil and I have developed a ½-day workshop, which has now been delivered on several occasions and is ready for your community. Here is an [...]
Last week, Tom Foremski suggested that the angel strategy of commercializing innovations and then rather quickly selling the startups was stifling innovation. In doing so, Tom referenced Max Levchin’s recent blog in which he suggested that while this strategy makes money for the angels, it tends to discourage building breakthrough companies. The implication is that [...]
Frank Peters has a great podcast on early exits with an interview of Basil Peters. Basil talks about some reason why it may disadvantageous to receive large sums of VC money. Read the original article here.
Angelblog is devoted to the development of best practices for Angel Investors and entrepreneurs. Its goal is to facilitate profitable, fair and enjoy1 Vote(s) Read the original article here.