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Research before investing from "summary" of Angel by Jason Calacanis
Investing in startups is a risky game. It's like playing Russian roulette with a loaded gun. You never know when the chamber will turn and blow up in your face. That's why it's crucial to do your homework before putting your hard-earned money on the line. Research is your best friend in this high-stakes game. It's the key to unlocking the secrets of success in the startup world. Before you even think about writing that check, you need to dive deep into the company's history, market potential, competition, and team. You need to know everything there is to know about the company and its founders. Are they experienced in the industry? Have they successfully built and sold companies before? Do they have a track record of delivering on their promises? These are the questions you need to answer before making any investment decisions. Research is not just about gathering data; it's about connecting the dots and se...
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