Читать книгу How To Become A Business Angel - Richard Hargreaves - Страница 35
3. Strategies which improve investment outcomes
ОглавлениеThere are strategies that can materially improve the chances of success:
An angel should stay close to his entrepreneurial and industry expertise in choosing investments.
Even a relatively small amount of due diligence can help avoid failures.
Post-investment interaction is valuable but close involvement in a managerial role is to be viewed with caution.
Follow-on investments are significantly related to lower returns because of the tendency to try to save a failing investment.
Points 1 and 2 are related. If you know about an industry from experience you will be aware of proven business models, market dynamics, obvious pitfalls and what innovations are likely – which is what due diligence seeks to learn.