Comments on: The Perils of Angel Investing http://www.arnoldkling.com/blog/the-perils-of-angel-investing/ taking the most charitable view of those who disagree Mon, 21 Dec 2020 16:18:52 +0000 hourly 1 https://wordpress.org/?v=4.0.32 By: andrewknorr http://www.arnoldkling.com/blog/the-perils-of-angel-investing/#comment-463244 Tue, 12 Jan 2016 12:11:46 +0000 http://www.arnoldkling.com/blog/?p=6361#comment-463244 If most venture capital firms lose money (with a few outliers at the top) then it’s easy to imagine that 95% of angel investors lose money. The results have to be even more skewed.

]]> By: Dan Meyer http://www.arnoldkling.com/blog/the-perils-of-angel-investing/#comment-463236 Mon, 11 Jan 2016 19:24:46 +0000 http://www.arnoldkling.com/blog/?p=6361#comment-463236 I think the Angellist Syndicates mentioned near the bottom of the article are basically what you’re suggesting:
http://venturebeat.com/2014/06/29/an-angel-investors-ultimate-guide-to-angellist-syndicates/

]]> By: Kevin Dick http://www.arnoldkling.com/blog/the-perils-of-angel-investing/#comment-463235 Mon, 11 Jan 2016 18:55:07 +0000 http://www.arnoldkling.com/blog/?p=6361#comment-463235 Tucker Max is to angel investing what Jim Cramer is to stock investing. I would not try to extrapolate too much about the reality of the situation from what he says. Similarly, The Social Network = Wall Street. Make believe. My firm has made 400+ angel-type investments over the last 4 years and there just is not that much drama (unless you’re actively trying to make drama, in which case you’re the guy everyone else shakes their head about).

]]> By: Handle http://www.arnoldkling.com/blog/the-perils-of-angel-investing/#comment-463233 Mon, 11 Jan 2016 18:35:21 +0000 http://www.arnoldkling.com/blog/?p=6361#comment-463233 “Finally, about successful angel investors, he writes, ‘they have the social clout to not get run over by VC’s and literally pushed out of an investment.’ ”

That would make for an arbitrage opportunity if the ratio of savings to start-ups weren’t so glutted. If the successful angel investors are doing the equivalent of converting their “social clout” into the valuable asset of informal “don’t you dare screw me insurance” then they should be able to ‘rent’ that asset to less prestigious market players and make some profit off being the intermediary.

]]> By: Handle http://www.arnoldkling.com/blog/the-perils-of-angel-investing/#comment-463232 Mon, 11 Jan 2016 18:23:09 +0000 http://www.arnoldkling.com/blog/?p=6361#comment-463232 He just wrote a book with Geoffrey Miller too, Mate: Become the Man Women Want.

]]> By: Jeff R. http://www.arnoldkling.com/blog/the-perils-of-angel-investing/#comment-463228 Mon, 11 Jan 2016 17:29:45 +0000 http://www.arnoldkling.com/blog/?p=6361#comment-463228 The askblog was about the last place I expected to find a link to a Tucker Max piece, but then I had no idea he was an entrepreneur these days. Who says there are no second acts in American lives?

]]> By: Andrew' http://www.arnoldkling.com/blog/the-perils-of-angel-investing/#comment-463225 Mon, 11 Jan 2016 15:57:42 +0000 http://www.arnoldkling.com/blog/?p=6361#comment-463225 Oh, and it’s not so different from my experiences in churches, local politics, and grad school, except that those have zero chance of making you rich. If there is any way to limit the skulking free-riding free options exercisers that would be a big welfare improvement. This is why I’m fascinated by things such as how in economics you can pre-publish a paper for comment a year in advance and nobody just poaches it from you like they would in hard science. I think it is because reputation and niche is so much more effective there.

]]> By: Andrew' http://www.arnoldkling.com/blog/the-perils-of-angel-investing/#comment-463224 Mon, 11 Jan 2016 15:52:38 +0000 http://www.arnoldkling.com/blog/?p=6361#comment-463224 That’s what the plot of The Social Network was, right?

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