Investor Paul Singh covers the common wisdom about angel investing. Very sensible. A good plan. Hard to argue. Let’s call it the base case…
- “The takeaway for angels is you shouldn’t get into this asset class unless you’re willing to do 20 deals,” Singh said. “Do not get excited about any one company.”
- “What I’m doing is going to the blackjack table, playing the minimum hand while I count the cards,” Singh said. “When I see a pattern I double down heavy.”
- “Bad bets fail fast,” Singh said. “Smaller check sizes force companies to figure stuff out quickly.”
More here.