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J.eth.id 🎩🧑🌾 @ethxy
@jethid
Personal checklist for angel investing If I were deploying for the next leg of bull cycle, here's what I'd consider green flags: - Teams that have consistently launched things >=3 times in the past 9 months. Could be products or features. - Teams with a (very) opinionated vision for what will work. - Teams that have stayed consistent with thesis but experimented widely with the implementation. - Teams with a history of enriching their early adoptees. - Teams that have been around during a bear cycle and know how to not get demoralized. - Teams with at least one "hit". You can be confident the team knows how to build something that can become popular if they've already done it once. - Teams that espouse a "soul" in their product and communication.
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J.eth.id 🎩🧑🌾 @ethxy
@jethid
- Teams that have built up trust that their main motivation isn't money but building something of value. Unfortunately the only way to test this is putting the team in a position where they can get easy money and yet they refuse. - Ultra rare signal but the team willingly donates to the community beyond what's required. - Teams that are hungry for their "big win". - Old teams releasing new products. - Teams that are launching soon before the bull market becomes consensus. The winning strategy is launch during the bear to amplify during the bull. It's a lot harder to gain visibility in a raging bull. Finally a gut check: After a conversation with them, you feel like they're the "good guys" (or girls) and you want them to win.
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Ashinthewild
@ashinthewild
What about crazy* And their ability to infect others with it? Excuse me, my toaster is talking to me.
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