Angel Investing 101: So you want to be an Angel Investor

Transcript

1. SO YOU WANT TO BE AN ANGEL INVESTOR? Phin Barnes, First Round @Phineasb Brianne Kimmel, Angel Investor @briannekimmel
2. About Brianne Operator - Expedia, Zendesk Teacher - over 5,000 students at General Assembly Founder, SaaS School - invite-only: expert talks & office hours Built Zendesk for Startups - early access, great network Angel - 20+ companies building the future of work
3. Operator - AND1 , Fitness Video Game company, MTV Founder turned Investor - First Round apprentice to Partner! Angel Track - 12 weeks of instructor-led sessions Early Stage Investor - Consumer, Product led B2B, Healthcare About Phin
4. Brianne Kimmel, Angel Investor @briannekimmel What makes a good angel? Phin Barnes, First Round @Phineasb
5. How to be a good angel 1. Clearly define the offering you are providing to startups 2. Operate at startup speed = Responsiveness is key 3. Get to conviction quickly - “yes!” or “no.” > “Maybe…” 4. Remember that you are on the sell side of the table
6. Brianne Kimmel, Angel Investor @briannekimmel How to get started? Phin Barnes, First Round @Phineasb
7. Ways to get started 1. Lean into existing relationships 2. Find ways to give to the ecosystem 3. Start small 4. Do it with friends 5. Be a scout
8. Brianne Kimmel, Angel Investor @briannekimmel What are common misconceptions? Phin Barnes, First Round @Phineasb
9. Angel investing is… 1. Different from venture investing 2. Competitive for getting into hot deals 3. Act of labor and love 4. Not just for early stage companies
10. Brianne Kimmel, Angel Investor @briannekimmel Request for startups? Phin Barnes, First Round @Phineasb
11. Brianne Kimmel, Angel Investor @briannekimmel Q&A Phin Barnes, First Round @Phineasb