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  • mohit
    Jun 06 2008

    Paul Graham says there are not enough investors chasing the following type of deal:

    Quoted: There are companies that will give $20k to a startup that has nothing more than the founders, and there are companies that will give $2 million to a startup that's already taking off, but there aren't enough investors who will give $200k to a startup that seems very promising but still has some things to figure out. This territory is occupied mostly by individual angel investors—people like Andy Bechtolsheim, who gave Google $100k when they seemed promising but still had some things to figure out. I like angels, but there just aren't enough of them, and investing is for most of them a part time job.

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  • mohit - Jun 07 2008
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  • invest4wealth - Feb 29 2008
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