All funders are manually approved, highly accomplished, serious and able to support with serious money.
"If you miss the best-performing seed investment, you will eventually be outperformed by someone who blindly invests in every credible deal."
Is this the best seed stage investing strategy (it might)? How do you define "credible"?
angellist.com/blog/venture-rโฆ
When trying to decide whether an investment is good or not this framework is very helpful every time:
1/9
If you can't find any and you don't know why you might be be the lucky one over all other investors then that should make you suspicious.
8/9
"Blindly invest in every credible deal"
I always come back to this most surprising and contrarian finding of the AngelList Startup Growth and Venture Returns report for early seed stage investing.
1/13
In short: setting a (low) threshold for when a deal is credible and then investing in all credible deals might generate more returns than trying hard to selectively invest in only the seemingly exceptional deals at the seed stage.
12/13
More on the AngelList report from 2019 here: angel.co/blog/venture-returnโฆ
13/13
