The blog
Raising and backing primary roundsWorking notes from both sides of an angel round. What founders should fix before they ask, what angels check before they wire, and how the paperwork in between actually behaves.
For foundersHow to raise an angel round, start to close
The full sequence of an angel round: what to fix before you ask, how long the raise really takes, and what closes the round once the first checks land.
Read it →More writing
10 articles
For foundersSAFE or priced round: how to choose for an angel raise
The practical differences between a SAFE and a priced equity round for an angel raise, including when the paperwork cost of a priced round is worth paying.
For foundersHow to find angel investors who actually write checks
Where active angel investors really come from, how to tell an active angel from a listed one, and how to run outreach that converts into commitments.
For both sidesAngel check sizes, ownership math, and what a round really needs
How angel check sizes translate into ownership and dilution, how many angels a round needs, and the math founders and investors should run before committing.
For both sidesPrimary rounds and secondaries: what the difference means for your cap table
Primary rounds put money into the company; secondaries move existing shares between people. Here is how each one affects founders, angels, and the cap table.
For foundersAnatomy of the deal email angels actually open
A structure for the email that shares a round with angel investors: what belongs in the subject line, the first paragraph, and the terms block, and what to cut.
For foundersThe monthly investor update that keeps angels investing
What to put in a monthly investor update, why the bad months matter more than the good ones, and how updates turn a first check into a follow on.
For both sidesSyndicates, networks, and solo angels: which raise fits you
How angel syndicates, curated angel networks, and solo angels differ in speed, fees, cap table impact, and what each one asks of a founder.
For foundersWhat angels decide in the first ten minutes
Angel investors form most of their view early in a first meeting. Here is what they are actually assessing, and how founders can meet it without performing.
For angelsThe diligence checklist angels run before they commit
A practical diligence checklist for angel investors: what to verify on the company, the team, the terms, and the cap table before wiring an early stage check.