nwenzel
Joined 15 years ago
Joined 15 years ago
As an angel in that scenario, you’re investing with the risk profile of a very, very early company but the return profile of a later investor.
Alice v CLS: https://casetext.com/case/alice-corp-v-cls-bank-intl
Inventor Holdings v Bed Bath Beyond (multiple): https://casetext.com/search?q=Inventor%20holdings%20v.%20Bed...
First, we all have bills to pay. Don’t knock someone for their chosen profession.
Second, I was lucky enough to be invited to a small group event to hear him speak. Either all or the vast majority of his fee was sent directly to a charity. Never hit his bank account.
Good rule of thumb is to remember not to make assumptions about people you know nothing about.
Agree with other posters. The challenge is escaping tech. I have two kids and every parent at their school works for Google, LinkedIn, Facebook, Apple, HP, some startup unicorn, or some new startup. Me? Oh, uh yeah. I’m a founder of a 50-person startup.
Previously co-Founder of data analytics firm, Edge Solutions.
https://twitter.com/nwenzel