After my angel investing tweet, a lot of you asked, "How do I start angel investing?" I'll do 3 separate threads on angel investing. This is just what worked for me. May not work for all.

1. Consider your objective. That will indicate your risk profile. Ex: Are you trying to save money? Build a track record?
2. Most startups fail. Tech investing is high risk. Are you ok never seeing that $ again?

3. As with anything, time/energy needed to angel invest successfully. If you're unable to spend the time to learn, consider investing in a rolling fund (smaller invmt threshold) or a syndicate (eg AngelList). Analogy: Robinhood (you invest) v index fund (professional managers).

4. Harder to angel invest from outside a tech hub or up-and-coming tech hub both for deal flow & chance of success due to ecosystem. Ex: Bangalore, Lagos, Karachi . Online syndicates pulling deal flow from tech hubs may be better investment if you're not in a tech hub.

4. Consider getting formal angel training eg @Jason has Angel U, @beondeck. Many, many others.

That's Part 1. I'll tweet Part 2 tomorrow. Hope it's useful!

Actually I’ll also add deal sources. That was a big ?.

1. Twitter! Follow good startups & angel investors. Get a sense of what they’re looking at. Engage with startups on Twitter.

2. Mentor at or volunteer for accelerators and incubators.

3. Demo days for accelerators/incubators.

4. Pre/post COVID: tech conferences, meet-ups, shared workspaces with many startups.

5. If you work at a tech co, stay in touch with people. They may leave to start a co.

6. Companies with Testflights that aren’t funded yet.

Part 2 tomorrow - Once you get deal flow, how do you get into deals?