{"id":3295,"date":"2015-07-12T22:00:48","date_gmt":"2015-07-13T05:00:48","guid":{"rendered":"https:\/\/masonmyers.com\/?p=3295"},"modified":"2015-07-10T13:40:35","modified_gmt":"2015-07-10T20:40:35","slug":"angel-investing-not-very-prevalent-or-effective","status":"publish","type":"post","link":"https:\/\/masonmyers.com\/angel-investing-not-very-prevalent-or-effective\/","title":{"rendered":"Angel Investing Not As Prevalent nor Effective As You May Think"},"content":{"rendered":"

Angel investing has reached a new level of interest by the general public because start-ups are doing well and there are new ways to be an angel (AngelList, crowdfunding, etc.).\"angel<\/a>\u00a0 The New York Times recently published an article about the pros and cons of angel investing for entrepreneurs and investors<\/a>. \u00a0In the late 1990’s dot-com era, I did some angel investing and quickly learned its shortcomings both for the entrepreneur and for the investor. \u00a0Yet, that does not mean that angel investing\u00a0isn’t perfect for some situations.<\/p>\n

The bottom-line, for me, is that there is no one best source for early-stage capital. \u00a0I recommend putting in the hard work and the time to find the investors who are best aligned with your goals and your needs. It could be your own 401k, or friends and family, or a bank loan. \u00a0Or, the best of all – existing and potential customers! \u00a0I wrote an earlier blog post about customer financing<\/a>.<\/p>\n

90% researching, 10% pitching<\/h4>\n

In fact, 90% of your time and work should be spent thinking about, locating, and researching the best sources of capital given your objectives. \u00a0If you do that, only 10% of your time will actually be pitching and closing the financing.<\/p>\n

\"Funding<\/a><\/p>\n

Now, a few things to keep in mind with\u00a0raising capital:<\/p>\n