This is the third article in a series on what it takes to be a great
angel investor (and why this should matter to entrepreneurs). Part 1 – Access to Great Deal Flow – is here. Part 2 discussed the need for domain knowledge since merely “joining the right club deal” will in no way determine success.
Not everybody agreed on the need for domain knowledge. Paul Kedrosky made the case for “naive optimism” being an important part of startup success. Chris Dixon made the point that he thinks investors should look for the founders to have the domain knowledge rather than them having domain knowledge themselves. Me? I’d rather be Roger Ehrenberg with a thesis around data-centric companies and base my investment decisions on the skills I’ve developed in my career.
To read the full, original article click on this link: Angel Investing: Skill 3 – Relationships with VCs | Both Sides of the Table
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