Amanda Parker
๐ค SpeakerAppearances Over Time
Podcast Appearances
Yeah.
So we're doing our initial angel round now.
Yeah, so I think with an angel round, it's really important to find people that you want to work with.
So angel investors, you're married to them.
Or any investor, really, you're married to them.
So you have to find people that believe in your team is number one.
Um, so especially at this kind of stage, like the product's likely going to change, your vision's likely going to change, but the team has to be awesome.
So that's what you should be selling to the angels, um, and creating those relationships before you actually need the money.
Um, because that's, that's what it is for, for angels is it's all about the relationship, all about the team and networking, uh, in order to get there.
So, so a lot of, um, a lot of entrepreneurs tend to try to cold reach, um,
these angel investors, but the best thing to do is find other companies that they're connected in with and get an intro that way.
Um, yes.
Yeah.
Yeah, we're doing 500 K as well.
Okay.
No, it's a little bit more simple than that.
So we're just doing a cap and no discount, no interest.
We did, for our first angel, we gave her slightly better terms.
One, because we've known her and she brings an immense amount of value to the team and her name is...
a really strong indication of what we're doing in the market so we did give her slightly better terms but and that's another key piece to trying to get in on a lead is that there are some things that you can do to to help move them towards making that decision first because a lot of angels and a lot of investors tend to want to wait until the tail end of the round in order to get to the