Remove 1998 Remove Naming Remove Pre-Money Valuation Remove Syndication
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How to Be an Angel Investor

www.paulgraham.com

When we sold our startup in 1998 I thought one day Id do some angelinvesting. Mechanics Angel investors often syndicate deals, which means they join togetherto invest on the same terms. In a syndicate there is usually a"lead" investor who negotiates the terms with the startup. Dont feel like you have to join a syndicate, though.