Australian early stage angel investors often treat start-up investing like horse racing. They punt with money they're willing to lose, but this approach has led to a lack of discipline and very poor returns.
Our approach to the fundraising journey has one clear goal in mind: reducing the time and effort required for startups to raise capital by building relationships with investors and making every transaction a win-win.
We do this by using a systematic, 6 step approach to supercharge capital raising, which you can learn more about here.
Your startup’s future hinges upon your ability to secure two key ingredients for success: money and great people. Angel investors are among the best resources for these, however, angel investors vary widely in their expertise and abilities. Below is a look at the top qualities to seek in an angel and some key traits to avoid as you meet potential investors.
As an entrepreneur looking for startup capital and advice, it's a good idea to stay connected to as many experts as possible. One way to ensure you have a good handle on all of the venture capital opportunities available to you is to keep up-to-date with angel investor culture. Reading angel investor blogs is a great way to do this, while also gaining valuable new business insights that can help your startup succeed.
Being an investor, advisor and founder of several companies I can say that having smart, motivated, connected and culturally aligned investors is such an incredible benefit to a startup.
The right investors can make all the difference. The doors they can open and the credibility they can give founders cannot be understated. I’ve seen startups that have no track record or traction meet and negotiate huge deals with some of the biggest companies in the world because of the assistance of their advisory board.
Being an Angel is far from Theatrical
When scaling up a high growth business there are a series of potential funding rounds required.
These are rounds that a business may go through to raise capital (money) from investors, which will help them grow and expand.
Let’s start with a caveat that I’m not advocating anyone make a startup investment based on a valuation you’d do in only 10 seconds. Not for one second! But you might be able ascertain whether the valuation a startup is pitching you is in the right ballpark that fast.