Angel: How to Invest in Technology Startups
by Jason Calacanis · 2017
In a nutshell
By Jason Calacanis (2017, HarperCollins), an active angel investor behind early bets on Uber and Robinhood, this book is a practical guide for new angel investors on how to find deals, evaluate founders, and build a portfolio.
Overview
Jason Calacanis, entrepreneur and early investor in companies like Uber and Robinhood, published Angel in 2017 through HarperCollins as a practical manual for aspiring angel investors.
Key Ideas
- Angel investing is a power-law game where a few huge wins must cover many losses.
- Evaluate founders on persistence, coachability, and storytelling, not just the idea.
- Build a large enough portfolio of small bets to capture outliers.
- Follow-on investing in your winners matters as much as finding them initially.
- Access to good deal flow is often the biggest constraint for new investors.
Best For
Founders who want to understand how angel investors think, and aspiring angels starting out.
Reference
Angel: How to Invest in Technology Startups — publisher / official page. Summary adapted from the Awesome Startup Books collection.
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