From startups to VC funds.
The next step for angel investors.
Yesterday I signed documents to invest in a Nordic VC fund.
I was hesitant at first. It is more money than I usually invest in startups and I am stepping outside my comfort zone.
However, it is a necessary step.
Angel investing is risky, startups fail 90% of the time.
In order to reduce the risk, angels continuously look for better companies, startups with traction, validation, revenue, solid teams, and so on.