Value of Angel Groups
Description
What will you do with the next 20+ years of your life? For most angels, the answer is:
"I want to contribute to the good of my community"
"I want to continue to do what I love."
"I want to be involved in strategy, important deals and major decisions."
"I want to lend my expertise."
The value of angel groups is that they essentially help mitigate your risk. Angel groups help you attract the highest quality deals and help you go through a due diligence process that vets out the deals that have a disproportionately high chance of failure, or a very low probability of success.
Angel groups provide discipline, additional due diligence, and deal flow resources that will mitigate your risk and increase the probability of return.
More on this topic in future episodes.
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