How are angel investors different from venture capitalists?
Both invest in businesses. Both can write you big checks. Both have the power to help your business growth with a cash injection you otherwise would never get.
Are they the same?
Heck no.
I found this out the hard way…
When I was raising money for my 4th company Flowtown, I really didn’t know enough about investors.
I got some pretty weird looks when they read my terms sheets.
I didn’t understand their expectations. And all I had to go on were stories from colleagues, and a head full of wrong assumptions about what investors are looking for.
I started on the wrong foot. But eventually, I learned how to do it right…
So, when it was time to raise funds for my next business, Clarity.fm, I knew what the investors were looking for.
And I nailed it.
I closed $1.6M in funding…
…in 3 days!
It pays to know who you’re talking to and what they want. Trust me.
So I want to clear the air so you know the difference and you don’t raise money from the wrong people with the wrong expectations.
That’s what this week’s video is all about.
Exclusive Download: Fundraising Like a Pro – Learn the 3 phases of fundraising and a 7 week process for starting & closing your next round of funding
In this video, you’ll discover the difference between angel investors and venture capitalists down to 5 specific criteria:
- Source of money
- Investment thesis
- Pitching style
- Check size
- Investment filter
By the way, I’m also an investor myself, having invested in 40+ companies.
But I am an angel investor, and not a venture capitalist.
Hit play on the video and let’s go over the differences.