An Angel's 10 Commandments

Rumor has it God gave Moses 15 Commandments but he dropped a tablet on his way down Mt. Sinai.  For Angel Investors there are only 10. They should be used wisely and often by Angels and Investees alike. 

1. If it doesn't feel RIGHT - PASS.

2. Dealflow: There is NO SHORTAGE of DEALS

3. INVESTING takes TIME to LEARN - be PATIENT

4. VALUATION matters - for EVERYTHING

5. BACK $0 Companies.  FOCUS on the 100-1000x RETURN POTENTIALS

6. JUDGMENT is OVER-RATED. FIND the BEST PEOPLE in each MARKET 

7. Invest ONLY is Your Spheres of INTEREST

8. HARBOR NO OPINIONS. Listen and USE INTUITION

9. DEVELOP Your INSTINCTS

10. Look at a LOT - Invest in a FEW