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How to Be an Angel Investor

paulgraham.com

51–55 of 55 posts

Re: How to Be an Angel Investor

#51
well worded, well drafted article. I am currently a founder of a company which took its first angel/seed investment from 5 investors, I could feel every word thats beens said. If I ever make big - or "rich" as you say, I'll be looking to contribute my small %age to the angel investing... Thanks Gunjan

Re: How to Be an Angel Investor

#54
I have a potentially silly question: When you buy stock in a public company you have specific protection from liability -- the worst that can happen is you lose your investment. As an angel investor the worst case is worse, in theory. If the company racks up huge debt (maybe by getting sued) then you as a part owner could be on the hook for that. Is that worth worrying about in practice?

Re: How to Be an Angel Investor

#55
Very Nice Work - and thnks for the contribution of docs.

Having read this from a founder point of view its clear to me that neither one side or the other of the transaction has all of the answers. Kind of back to the difference in meaning of "being offered terms", "being given terms" or (my favorite) "coming to terms"

I'll echo the request for a convertable debt document template

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