The only thing I know for certain about early-stage companies is that there will be uncertainty. Even the best opportunities often twist, turn and pivot thousands of times before they produce a return for their investors.
As an angel and the Chief Investment Officer at MergeLane, I focus most of my angel investing diligence on the team. I look for founders that are tenacious enough to break through walls and clever enough to figure out how to go around them.
When I meet with entrepreneurs, I rarely ask conventional questions. Sure, I look at the pro forma, review their business model, check out the competitive landscape, etc., but I typically send those types of questions by email.
When I talk with them, I want to learn how they think and what makes them tick. These are my favorite questions to that end:
I’m starting a new series to feature some startups sourced from our Fund81 VC forum members’ portfolios. In this episode, I interviewed Gurjot Narwal, CEO of Gini Health.Read more ➞
I have been doing a lot of thinking about how I can add differentiated value to our MergeLane portfolio. I’m asking myself six questions to that end.Read more ➞
Here are five things I think every startup and VC can learn by paying attention to what the Hustle Fund is up to.Read more ➞
I was optimistic that I could will myself to keep my normal pace when the smoke settled in. I think I need to take a different approach.Read more ➞