Vetted entrepreneurs who are looking for an idea to pursue or who have had a similar insight can connect with the funders. The funders find interesting entrepreneurs to work with who can turn their ideas into reality.
"If you miss the best-performing seed investment, you will eventually be outperformed by someone who blindly invests in every credible deal."
Is this the best seed stage investing strategy (it might)? How do you define "credible"?
angellist.com/blog/venture-rโฆ
In turn, if you can clearly see why you are the only one with this opportunity it should make you more confident.
You need to know the real reason why you can buy the raw diamond cheaply while everyone else misjudges it's actual value.
9/9
"Blindly invest in every credible deal"
I always come back to this most surprising and contrarian finding of the AngelList Startup Growth and Venture Returns report for early seed stage investing.
1/13
In short: setting a (low) threshold for when a deal is credible and then investing in all credible deals might generate more returns than trying hard to selectively invest in only the seemingly exceptional deals at the seed stage.
12/13