I really enjoyed your Reddit AMA
http://www.reddit.com/r/IAmA/comments/azgs6/iama_guy_who_sol...
I am a junior angel in Silicon Valley. AMA
121–130 of 237 posts
Re: I am a junior angel in Silicon Valley. AMA
#122Earlier quoted context omitted.
So you're doing it to improve the world and not for the money?
I call false dichotomy.
Obviously.
You are trying to make money. I am asking - when will you make the money and how much? If I put 25k in a business in 2008, when will I see a return and how much would that return be?
Or are you just doing it to be associated with these companies?
Re: I am a junior angel in Silicon Valley. AMA
#123Will you ever lead rounds/negotiate terms? How many more deals do you think you'll do before you reach that point?
Re: I am a junior angel in Silicon Valley. AMA
#124I really enjoyed your Reddit AMA http://www.reddit.com/r/IAmA/comments/azgs6/iama_guy_who_sol...
Ha. Not me, you can tell by the top section. He claims to be happy.
Re: I am a junior angel in Silicon Valley. AMA
#125Thank you for doing this.
Re: I am a junior angel in Silicon Valley. AMA
#126Will you ever lead rounds/negotiate terms? How many more deals do you think you'll do before you reach that point?
Dunno.
I don't invest enough dollars to have that right. I don't have enough purse to increase the dollars I invest.
More importantly, I do not have enough stroke within the community to do this kind of thing.
I also am probably not ready to be a fulltime investor any time soon.
Re: I am a junior angel in Silicon Valley. AMA
#127Thank you for doing this.
No problem.
Re: I am a junior angel in Silicon Valley. AMA
#128Why are you an angel investor? Since thats super-broad, here are some options (feel free to add more): 1. You think you can make decent returns. 2. You like helping people. 3. You find it a great way to avoid getting bored.
1 and 3, definitely.
I also like being near interesting projects.
Re: I am a junior angel in Silicon Valley. AMA
#129Earlier quoted context omitted.
I call false dichotomy.
Obviously. You are trying to make money. I am asking - when will you make the money and how much? If I put 25k in a business in 2008, when will I see a return and how much would that return be? Or are you just doing it to be associated with these companies?
[deleted]
Re: I am a junior angel in Silicon Valley. AMA
#130Earlier quoted context omitted.
I call false dichotomy.
Obviously. You are trying to make money. I am asking - when will you make the money and how much? If I put 25k in a business in 2008, when will I see a return and how much would that return be? Or are you just doing it to be associated with these companies?
I don't know. I expect it will take 5-10 years to get a return in many cases.
I think this pays vast dividends outside of dollars: I get connections, notoriety, experience, exposure, and so on. I know about a lot of what's going on in the valley right now, for example.
I expect it will be better than investing in venture funds, but not by much. (I do this too.)