The skewed returns for angel investments report by Rob Wiltbank in 2007 for the US and in 2009 for the UK describe a clear strategy for angel investors:  diversity* – invest in a large number of deals (ideally 25 or more) and  scalability – invest only in deals that can scale valuation rapidly […]
Posts Tagged 'Rob Wiltbank'
Due Diligence Pays Off for Angels in Groups I’ve been asked for thirty years if due diligence on angel deals really pays off. Are we angels better served spending substantial time with entrepreneurs before investing or should we simply to throw darts at a list of deals to pick companies in which we invest? Frankly, […]
Is a Respectable ROI an Achievable Metric for Angels? I’ve been funding startups as an angel investor since 1980 without having a good answer to this question. Early stage VCs seem to earn over 20% IRR (annual internal rate of return), so my thought has been that angels should earn even more. After all, we […]
Who are these angels? Wait a minute. Before describing why I think It’s a GREAT Time to be an Angel!, let’s level the playing field. Just what is an angel investor? Wealthy investors have been providing funding and advice to new entrepreneurs for thousands of years. In 1983, Professor Bill Wetzel at the University of New Hampshire recognized the […]