Are you choosing investors for your startup? Read through the meaningful criteria listed!!
As a follow up to what percentage of active angel investors are on #angelList, I thought I’d address the orthogonal question. The follow up is to help entrepreneurs figure out how to come up with the list of criteria to create their target list of 20-50 angel investors for their #NapkinStage startup.
There are 5 primary criteria I use to help entrepreneurs find the right target investors.
1. Location. 2. Company Stage. 3. Space (Market). and 4. Raise Amount. 5. Network.
1. Location. All angel investing is largely bound by “what do we have in common”. Many angel investors prefer to invest in areas they have expertise in, in entrepreneurs they know and in their “own backyard”. There are a few exceptions (many Indian angel investors in the US, like to invest in companies in India), but angel investing is largely a “city specific” opportunity…
View original post 423 more words