Want to create an interactive transcript for this episode?
Podcast: Investor Connect Podcast
Episode: Startup Funding Espresso – Use Angels for the Initial Fundraise
Description: Use Angels for the Initial Fundraise Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. In the earliest stages of the fundraise, angels are often a better fit than venture capitalists. VCs come into the round when there’s strong traction and the business is well-formed. Angels are go-to-market investors and like to come in early when the valuations are relatively low. The terms sheet is typically a convertible note or SAFE note, where the valuation is not set. Most angel investors are follow-on investors and are not going to...