How to Be an Angel Investor
www.paulgraham.com
APRIL 28, 2010
When we sold our startup in 1998 I thought one day Id do some angelinvesting. Suppose its 1998. The reason you dont want to give them up is the following scenario.The VCs recapitalize the company, meaning they give it additionalfunding at a pre-money valuation of zero. March 2009 (This essay is derived from a talk at AngelConf.)
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