Angel Investing
Explore posts related to Angel Investing.
SAFEs Versus Priced Rounds: What the Data Shows
The SAFE now dominates pre-seed, and the 2018 post-money version fixed the investor's stake. Here is where the dilution goes, and when a priced round is safer.
A Valuation Is a Promise You Have to Keep
Early-stage valuations just hit record highs, which reads as good news for founders. The last time this happened, the bill arrived about two years later.
What Happens When a Startup Fails
Most startups do not return capital. That is the base rate, not the tail risk, and almost nobody, founder or investor, is prepared for what failing looks like.
How Data-Driven Investment Theses Are Changing Venture Capital
Most investment theses live in an investor's head, which means they cannot scale, cannot transfer, and cannot be acted on systematically. Here is how the shift to explicit, data-driven theses is changing both sides of the early-stage funding table.