A rumor is circulating that I have invested in Rocket Racing League (as well as some other companies), and these rumors are false. My goal is to help as many start-ups as possible.
Being The Founding Member of TheFunded.com places me in an unusual position, and making angel investments creates various conflicts of interest. First, I feel conflicted when making a conscious decision to help some start-ups more than others. Second, it is awkward to be placed in a position to judge the future success of start-ups in a more meaningful way. Third, I don’t feel comfortable having unique opportunities to identify dealflow by processing the dozens of daily Membership applications.
So, as a general rule, I am not doing any angel investments.
If the conflicts of interest were not enough of a reason, being a good angel investor is a full-time job that requires a lot of follow-up. For example, I invested in Original Sin Hard Cider in 2000, and I have never once received a formal status update from the management. Over the years, I have made a few other angel investments, but no investments since founding TheFunded.com.
Too bad about you not AI. Really only wanted tips on pitching SPS, will try KISS method, and hope launch numbers are good enough.
OSHC isn’t distributed in Cali…
Might take the edge off a game of Spore tho’