It's happening as we speak. Last 1-2 months, many startup management teams and boards have been in emergency strategy planning sessions to figure out how best to navigate this deep downturn. And because data is coming in fast and furious in this new connected world, it can sometimes be tempting to wait for more data … Continue reading Steps to take now to prepare for the COVID Recession
Just 1+ month ago back in early feb, I was noticing that startup space especially early startup space, (Early meaning Series A , Seed space) seems largely living in lala land where valuations don’t seem affected by slowdown or is anyone worried about the spread of coronavirus. Now the situation in my assessment has changed … Continue reading Startup Valuations in Recessionary Environment
(Shaoning has a great post on this topic and it inspired me to elaborate with more detail to help fellow founders.) First post for the year and it's against a backdrop of great uncertainty and fear in financial markets, business world and society in general. The COVID-19 coupled with the oil shock has as of today resulted … Continue reading Staying financially alive in a crisis
There has a recent spurt of bad news coming out of startup world this year. Readers will know Ning & I are conservative angel investors - is there such a thing? We take calculated risk in angel and VC investing and worst case, are prepared to write off our money. Of course, we are obviously … Continue reading How Should Angel Investors Think About WeWork?
It has been almost 2 years since we founded AngelCentral. We now have a quality pool of angels who are investing with (hopefully) a considered portfolio strategy, selecting from a large pool of varied startups and who have a framework for evaluating founders, market and deal terms. The next question we get from more experienced … Continue reading How Should Angels conduct Due Diligence?