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Ask HN: How do I find early stage startups to invest in?

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Re: Ask HN: How do I find early stage startups to invest in?

#12
Cardinality is key. You may want to ensure to invest your capitals in many startups of your choice at the same time. Predicting which startups will succeed is hard. Investing in only a few of them may not give you the desired ROI, because they may all fail before raising the next rounds of funding that would give you an exit.

Re: Ask HN: How do I find early stage startups to invest in?

#15
It's interesting that you don't say what you have to offer an early tech startup other than money.

I mention that because the best startups are in a position to get more than money from investors.

If all you have is money, you're looking for early startups that are reasonably likely to succeed but don't need more than money.

Re: Ask HN: How do I find early stage startups to invest in?

#16
Note : I invested in more than 20 startups and I’m a founder myself.

The best way is : 1 find someone you know who started a startup in your area, Or ask a founder during an interview or during a meet up or directly on LinkedIn.

Spend 30min to 1h with them and ask about their pre-seed and seed round there is a 99% chance that Business angels were included in these rounds. Explain that you want to invest and if they would be kind enough to introduce you to the smallest investor in its cap table.

Now… you’re done it’s just a matter of network.

Explain to the investor… and she/he will redirect you etc etc etc.

Ask for his/her WhatsApp to keep chatting and stay in touch in case they see a deal in your area of expertise. Now it’s a matter of reputation : what do you bring to a startup.

If you do a bit of pro bono in your area of expertise to a founder in exchange of network it will be even better. They will likely recommend you to other founder during their seed or preseed.

It’s all about network.

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