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9 Tips All First-Time Angels Should Know Before Investing

04.16.16
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Inc. | 9 Tips All First-Time Angels Should Know Before Investing    Young Entrepreneur Council | Mar 14, 2016

First-time angel investors should know what they're getting themselves into before writing any checks.

So you want to invest a promising startup that you believe could have unicorn potential. Before you sign that check, however, think about what your new role as an angel investor will entail: are you investing solo, or joining an angel group in order to mitigate risk? Consider the implications and establish some ground rules before you go all in on that investment.
 
Below, nine entrepreneurs from Young Entrepreneur Council (YEC) offer their advice -- from pitfalls to beware of to best practices to follow -- for those considering adding the title of "angel investor" to their resume. …READ MORE