https://berkonomics.com/?p=287&utm_source=rss&utm_medium=rss&utm_campaign=outside-investors-want-liquidity-not-love Dave Berkus' business insights Wed, 27 Jan 2010 23:25:14 +0000 hourly 1 https://wordpress.org/?v=6.9.4 https://berkonomics.com/?p=287&cpage=1#comment-89 Wed, 27 Jan 2010 23:25:14 +0000 https://berkonomics.com/?p=287#comment-89 NB’s question is a good one. Many seasoned angels are changing their focus from raw startups to those that have shown some form of traction – strategic relationship in place or early revenue from friends and family. And many have moved to fund companies where the money needed is less than a full later VC round. It is only natural to assume that some will migrate to invest principally in rounds that are later than the first angel round, although I have not yet spoken with any deliberately taking this tact.

]]> https://berkonomics.com/?p=287&cpage=1#comment-88 Wed, 27 Jan 2010 22:04:38 +0000 https://berkonomics.com/?p=287#comment-88 Are there angels who specifically look for the opportunity to be in the later rounds of funding? Besides “the last money has the first say”, what are other benefits or pitfalls of avoiding investing early and looking for aged, yet stagnant companies?

]]>