Let's say you invest 25k in a company. What's your expectation on when you will receive money, and how much are you expecting to receive?
I don't really think that way. Instead: will this be an enterprise worth being involved with? For example, are they going to change the world and make people's lives slightly better? Or do they, I dunno, write boring iPhone apps?
I am a junior angel in Silicon Valley. AMA
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Re: I am a junior angel in Silicon Valley. AMA
#92When will you do something outside of tech? ie- food type of establishment (I see you mention this desire here a lot).
Re: I am a junior angel in Silicon Valley. AMA
#93Earlier quoted context omitted.
I think the Valley offers much easier access to funding. There are also lots of support organizations here -- lawyers, banks, etc, who will understand your needs much better. I don't understand b2b and am terrified of it.
What terrifies you about b2b (besides not understanding it)?
Re: I am a junior angel in Silicon Valley. AMA
#94Earlier quoted context omitted.
Not really. I wish you'd do something bigger. You certainly have what it takes. I hope appointment reminder turns into that thing. (Also, ++ for using Twilio)
I'm cautiously optimistic. Bigger, though, is just a side effect of playing a game well, not a goal I really go after for it's own sake. Pick a name out of your Rolodex, any name: I wouldn't trade my life for his for all the tea in China.
Re: I am a junior angel in Silicon Valley. AMA
#95Earlier quoted context omitted.
I dunno that one. It's typically not much.
For a typical advisory board member, usually .1 to .2% of company for a year's service, typically fully vested on grant (e.g., on a 10M share model, 10K or 20K shares/yr). This can vary widely, of course, for special cases, but something along these lines is probably the norm in the Valley. As you note, not much.
Hi grellas, I am a fan.
Re: I am a junior angel in Silicon Valley. AMA
#96Re: I am a junior angel in Silicon Valley. AMA
#97Re: I am a junior angel in Silicon Valley. AMA
#98Re: I am a junior angel in Silicon Valley. AMA
#99Earlier quoted context omitted.
I don't really think that way. Instead: will this be an enterprise worth being involved with? For example, are they going to change the world and make people's lives slightly better? Or do they, I dunno, write boring iPhone apps?
So you're doing it to improve the world and not for the money?