Ep. 185 – Seed Funding: Angel Investment Criteria, Part 2

SIBP-Blog-NEW-3Most angel investors aren’t looking to wade hip-deep into the projects they support. It’s not the best use of their time, and it’s a needless distraction from the business of investment. What a professional investor is looking for is a founder with that perfect mixture of enthusiasm and experience, and a motivated team behind them that can turn a great idea into a great business.

In today’s episode, host and business coach Tom Ryan talks about what it means to have a great team, and why great founders often matter more than great business ideas. As always, Tom is joined by co-host and producer Jason Pyles.

• Show opening, and the “podcast slumber party” mood

• Recap of the seed funding series thus far (1:00)

• Why startup teams matter to angel investors (4:00)

• What makes for a strong startup team? (6:30)

• Startups are hard (7:30)

• “If you combine experience with passion, you become a safer bet to investors” (8:30)

• Podcasting as a parallel for first-time entrepreneurs (10:00)

• The value of the enterprising spirit (11:00)

• Next episode: Other elements of a team that appeals to investors

• Sign off, and how to contact the show

Tweet Tom at: @TomRyanAVL

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