Angels Bet on Startup Teams

As important as it is that the team members be on the same page, it's just as important to have people who are willing to challenge ideas even if everyone else thinks an idea may be great. If the company is heading off the cliff and everyone is just following the leader it doesn't do anyone any good. You need that one person who has the courage to tell everyone else, “We're heading in the wrong direction” and then prove it.

I totally agree with this, it’s always a good practice to know all the members in a team before you finally decide to join them. Being skeptical at first is not bad because that would push you to ask the necessary questions that can help you come up with the decision to invest or not.

I think this is a must when thinking of investing money like this. I myself would never invest, not even a dollar, if I'm not sure about all the details of the plan that I'm going into and the people who are working on it. So, yes, this is a wise strategy.

I think that the most safe behaviour while dealing with investments or even buying the simply things in the supermarket is not to hurry. Pick as much information about your future partner as possible or speaking in other words: you should do your home work properly.

It’s true. We don’t need another “yes man” in the business community. Elite entrepreneurs – the ones angels are hunting for – are self-assured and will never be “yes men”.

cirereyes and Kejatz – For seed-stage investing, you’re really investing in the people. Their capability to make things happen is what drives them from zero to hero.

Agree, it’s important to do due diligence. However, be reminded that angel investors should make quick decisions and not waste entrepreneur’s time. Investors should be upfront if they’re not interested in the startup. Time is of essence for entrepreneurs. Let the founder know the decision so they can go on and seek for investors who’re interested. Be sympathetic. Investors, if you want good deals come your way, having a good reputation in this field is a must.

[...] Angels, Know Your Team [...]

It is highly important in choosing which type of Angel investors are suitable for a specific amount of business. Groups which have discontent among them always performs well below their effectiveness. Further it is also important that each Angle investor possess one or more management qualities which would eventually help the team at tough times.

Time and decision making are important parameters for judging a successful Angle investor from an unsuccessful one. It would also depends on how much interests and dedication all the Angel members have on achieving overall success in their field and it is important to have Angel members in the team alike.

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