@_mattneary seed dollars are best applied when a modest amount of money 1-3m ideally but not more than 5-6 can help a company flip 1 or 2 cards / answer specific questions which -- if proven out, will unlock significant value and ideally a bunch more relatively lower risk capital…↗
My employer @OSSCapital has: — Made ~ 50 investments since late 2018 (nearly 5 years full-time now) 🗃️ — 90% of each dollar went to startups we cold-contacted (no “deal flow”) 🥶 — 100% of our companies are remote first / WFM friendly / mostly devoid of physical offices 💻…↗
I've been angel investing for 12 months. It's been challenging, fulfilling, and so complementary to building @MorningBrew. Here's what I wish I knew at the beginning. THREAD: 9 principles for angel investing 🧵↗