Is angel investing profitable or not? While it is clearly very risky, there are things that you can do to reduce the risk and increase the chances of being profitable.
One of the things that you can do is to join with the Seattle Angel Conference (SAC) to learn from more seasoned investors. SAC intentionally groups experienced and novice investors so that we can all learn from each other.
Another goal of SAC is to build stronger and healthier startups and founders. EVERY company that joins a SAC round gets one-on-one feedback and mentoring to help their company grow and improve. It isn’t unusual for companies to join several SAC rounds, improving each round.
After starting with about 60 companies, SAC 18 is now down to 13 semi-finalists. The fact that we have 13 rather than the usual 12 semi-finalists is a testimony to the quality of companies this round -- even after a very robust discussion, we were not able to get it down to 12.
Here are the 13 semi-finalists for SAC 18 (fall of 2020):
It is such an honor to be able to work with all of these amazing companies and the investors who have to struggle with which are the best.
Great work all!
Elaine Werffeli has been collecting data about how the Seattle Startup Angel Investors have been engaging. She explores the data of the different Angel groups, and how that fits into the larger patterns of Angel Investing nationally.Read More
The blog-series “Startup People of Seattle” introduces some of the key personas in the ecosystem to learn more about what they are doing, to share their thoughts and ideas, and to promote networking. Rebecca has been involved in several key organizations in Seattle’s startup ecosystem, such as Alliance of Angels, Northwest Entrepreneur Network, GeekWire and the University of Washington. Today, Rebecca is executive director of Create33, a resource center for technology entrepreneurs.Read More
Akhila talks about her experiences at SAC XVI 16Read More