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Angel Investing 4 – Why You Need Deep Pockets to Win Big

Both Sides of the Table

Part 1 – Access to Great Deal Flow – is here. The first three skills I espoused were: access to the highest-quality deal-flow, domain knowledge of the topic area in which you’re investing and access to VCs to help fund the next stages of development. So know that going in.

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How to Work with Lawyers at a Startup

Both Sides of the Table

I find that one of my best sources of deal flow is from lawyers. Right sized : I tried to work with one of the best known firms in Silicon Valley. My piddly little funding deal was dwarfed in comparison to the huge M&A deals they were negotiating. You need to know how liquidations preferences work.

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How to Be an Angel Investor

www.paulgraham.com

Dont spend much time worryingabout the details of deal terms, especially when you first startangel investing. When youhear people talking about a successful angel investor, theyre notsaying "He got a 4x liquidation preference." Thats not how you win at this game. Theyre saying "Heinvested in Google." How do you find them?