The Angel Investor: Inflexibility is a Sure Way to Fail
My team of angel investors just made our latest series of investments. We read over 200 submitted applications, witnessed over 20 pitches in person, and made three investments in web and mobile startups which we announced this week.
Every investor will tell you ‘the entrepreneur’ is a key component of any investment decision they make. That they invest in the individual as much as in the idea. Our board thinks similarly, and I am often asked ‘what do you look for in an entrepreneur?’.
Along with the regular responses – passion, skill, experience, leadership qualities, etc – I always include ‘flexibility’.
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