For good investment decisions you need:
- Expertise: Investments in your field of expertise lead to a a 60% better return on investment.
- Hard Work: Investing more than 20 hours per deal leads to a 2x better return on investment.
- Due Diligence: Structured analysis of the team, market, product, competition and initial traction.
In a nutshell, due diligence includes:
At the very early stage, most investments are made based on the founding team
Research has shown that perceived passion can influence your investment decision
Additional read:
Angel Investing: Start to Finish - Holloway
A practical and detailed guide to angel investing that is essential for beginners and seasoned investors, as well as founders raising an angel round. Covers fundamentals, finding deals, financings, term sheets, example documents, and common pitfalls.
www.holloway.com
www.academia.edu
www.academia.edu
David S. Rose: How to pitch to a VC
Thinking startup? David S. Rose's rapid-fire TED U talk on pitching to a venture capitalist tells you the 10 things you need to know about yourself -- and prove to a VC -- before you fire up your slideshow.
www.ted.com
Angel investor characteristics that determine whether perceived passion leads to higher evaluations of funding potential
Despite interest in understanding the role passion plays in investor decision making, little is known about the conditions under which perceived passion is likely to play a significant role in the funding decision process.
www.sciencedirect.com