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Chris Devore & Andy Sack have created Founder’s Coop with the goal of funding, incubating & launching more early-stage ventures in Seattle. When I saw what BuddyTV is working on and how long they’ve been the market (since 2005) I realized that this has huge potential to help disrupt the television market.
Starting a tech company today costs 99% less than it did 18 years ago when Y Combinator was started ( today and 2005 ), largely due to the emergence of cloud technologies, no-code tools, and artificial intelligence. Angelinvestments in 2022 equaled those from 2006 to 2011 combined. the free YC Startup School courses).
Angelinvesting in tech startups is a gut wrenching and risky business. Most of them lose, but sometimes you invest in a “unicorn” and make 100 times your money or even more. Ycombinator is the largest and most successful startup incubator in history, and it was started right here in Cambridge, Massachusetts.
Spearhead asked me to write a post on angelinvesting when they first launched. Charlie Munger says investing requires a latticework of mental models. Here are 11 lessons for your angelinvesting lattice: If you can’t decide, the answer is no. Investing takes years to learn, but improves for a lifetime.
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