Audiobook6 hours
Angel Investing: The Gust Guide to Making Money & Having Fun Investing in Startups
Written by David S. Rose
Narrated by David S. Rose
Rating: 4.5 out of 5 stars
4.5/5
()
About this audiobook
Every year in America, over 600,000 new businesses start up and hire their first employees. Many will fail, but some of them will become the legendary businesses of the future, transforming industries and making millions for the angel investors who helped fund them in their early days. Angel investing, once the exclusive province of multi-millionaire high-rollers, has now entered the mainstream, with more than $20 billion being invested annually by individual investors in the US alone. Contrary to popular belief, access to these high risk/high return investments-and success in startup investing-doesn't have to be a matter of luck or connections. Angel Investing: The Gust Guide to Making Money Having Fun Investing in Startups shows how smart investors with the right strategy and a long-term perspective can achieve annual returns of 25 percent or more from a well-designed angel portfolio.
Written by David S. Rose, the founder of Gust-the global platform that powers the world of organized professional angel investing-Angel Investing is a comprehensive, entertaining guide that walks readers through every step of the way to becoming a successful angel investor. It is illustrated with stories from among the 90+ companies in which David has invested during a 25 year career as one of the world's most active business angels and includes instructions on how to get started, how to find and evaluate opportunities, and how to pursue and structure investments to maximize your returns.
From building your reputation as a smart investor, to negotiating fair deals, adding value to your portfolio companies and helping them implement smart exit strategies, David provides both the fundamental strategies and the specific tools you need to take full advantage of this rapidly growing asset class. He details the advantages of joining an angel group, explains how seed and venture funds can help leverage an investor's resources, and reveals how recent regulatory changes and new online platforms are making startup investing accessible to millions of Americans.
Making money is no longer about sitting back and reading stock listings, David says. It is now about being part owner of an exciting startup that can be fun and financially rewarding. Angel Investing teaches investors how to carefully select and manage investments, establish a long term view, and approach angel investing as a serious part of an alternative asset portfolio while also enjoying being an integral part of an exciting new venture.
Written by David S. Rose, the founder of Gust-the global platform that powers the world of organized professional angel investing-Angel Investing is a comprehensive, entertaining guide that walks readers through every step of the way to becoming a successful angel investor. It is illustrated with stories from among the 90+ companies in which David has invested during a 25 year career as one of the world's most active business angels and includes instructions on how to get started, how to find and evaluate opportunities, and how to pursue and structure investments to maximize your returns.
From building your reputation as a smart investor, to negotiating fair deals, adding value to your portfolio companies and helping them implement smart exit strategies, David provides both the fundamental strategies and the specific tools you need to take full advantage of this rapidly growing asset class. He details the advantages of joining an angel group, explains how seed and venture funds can help leverage an investor's resources, and reveals how recent regulatory changes and new online platforms are making startup investing accessible to millions of Americans.
Making money is no longer about sitting back and reading stock listings, David says. It is now about being part owner of an exciting startup that can be fun and financially rewarding. Angel Investing teaches investors how to carefully select and manage investments, establish a long term view, and approach angel investing as a serious part of an alternative asset portfolio while also enjoying being an integral part of an exciting new venture.
Related to Angel Investing
Related audiobooks
Angel Investing: Insider Secrets to Wealth Creation Rating: 5 out of 5 stars5/5Equity Crowdfunding: The Complete Guide For Startups And Growing Companies Rating: 4 out of 5 stars4/5The Masters of Private Equity and Venture Capital: Management Lessons from the Pioneers of Private Investing Rating: 4 out of 5 stars4/5Startup Success: Funding the Early Stages of Your Venture Rating: 0 out of 5 stars0 ratingsExit Right: How to Sell Your Startup, Maximize Your Return and Build Your Legacy Rating: 0 out of 5 stars0 ratingsScaling Your Startup: Mastering the Four Stages from Idea to $10 Billion Rating: 3 out of 5 stars3/5Trajectory: Startup: Ideation to Product/Market Fit - A Handbook for Founders and Anyone Supporting Them Rating: 5 out of 5 stars5/5Get Funded!: The Startup Entrepreneur's Guide to Seriously Successful Fundraising Rating: 4 out of 5 stars4/5Bootstrap Finance: The Art of Startups Rating: 4 out of 5 stars4/5Mergers and Acqusitions of Small and Medium Businesses Rating: 4 out of 5 stars4/5Mastering the VC Game: A Venture Capital Insider Reveals How to Get from Start-up to IPO on Your Terms Rating: 4 out of 5 stars4/5Raise Capital on Your Own Terms: How to Fund Your Business without Selling Your Soul Rating: 4 out of 5 stars4/5Here's the Pitch: How to Pitch Your Business to Anyone, Get Funded, and Win Clients Rating: 4 out of 5 stars4/5Why Startups Fail: Deadly Mistakes of Business Startup Founders Explained Rating: 4 out of 5 stars4/5Get Your Business Funded: Creative Methods for Getting the Money You Need Rating: 5 out of 5 stars5/5Do More Faster India: Techstars Lessons to Accelerate Your Startup, 2nd Edition Rating: 0 out of 5 stars0 ratingsThe New York Times Pocket MBA Series: Business Financing: 25 Keys to Raising Money Rating: 5 out of 5 stars5/5So You Want to Start a Hedge Fund: Lessons for Managers and Allocators Rating: 4 out of 5 stars4/5A Dozen Lessons for Entrepreneurs Rating: 5 out of 5 stars5/5Venture Deals, 4th Edition: Be Smarter than Your Lawyer and Venture Capitalist Rating: 4 out of 5 stars4/5The Six Secrets of Raising Capital: An Insider's Guide for Entrepreneurs Rating: 4 out of 5 stars4/5Crack the Funding Code: How Investors Think and What They Need to Hear to Fund Your Startup Rating: 5 out of 5 stars5/5Becoming a Venture Capitalist Rating: 4 out of 5 stars4/5Startup Boards: Getting the Most Out of Your Board of Directors Rating: 4 out of 5 stars4/5Venture Deals: Be Smarter Than Your Lawyer and Venture Capitalist Rating: 4 out of 5 stars4/5
Motivational For You
Create: Tools from Seriously Talented People to Unleash Your Creative Life Rating: 4 out of 5 stars4/5Eat That Frog!: 21 Great Ways to Stop Procrastinating and Get More Done in Less Time Rating: 5 out of 5 stars5/5Grit: The Power of Passion and Perseverance Rating: 5 out of 5 stars5/5Do Hard Things: Why We Get Resilience Wrong and the Surprising Science of Real Toughness Rating: 4 out of 5 stars4/5Die With Zero: Getting All You Can from Your Money and Your Life Rating: 4 out of 5 stars4/5Stop Doing That Sh*t: End Self-Sabotage and Demand Your Life Back Rating: 5 out of 5 stars5/5Girl, Stop Apologizing: A Shame-Free Plan for Embracing and Achieving Your Goals Rating: 4 out of 5 stars4/5Think Faster, Talk Smarter: How to Speak Successfully When You're Put on the Spot Rating: 4 out of 5 stars4/5Adversity for Sale: Ya Gotta Believe Rating: 5 out of 5 stars5/5Profit First: Transform Your Business from a Cash-Eating Monster to a Money-Making Machine Rating: 5 out of 5 stars5/5Own It All: How to Stop Waiting for Change and Start Creating It. Because Your Life Belongs to You. Rating: 4 out of 5 stars4/5The 50th Law Rating: 5 out of 5 stars5/5Building a Second Brain: A Proven Method to Organize Your Digital Life and Unlock Your Creative Potential Rating: 5 out of 5 stars5/5Your Next Five Moves: Master the Art of Business Strategy Rating: 5 out of 5 stars5/5How to Be Better at Almost Everything: Learn Anything Quickly, Stack Your Skills, Dominate Rating: 4 out of 5 stars4/5The Go-Giver: A Little Story About a Powerful Business Idea Rating: 5 out of 5 stars5/5Summary of Atomic Habits: An Easy and Proven Way to Build Good Habits and Break Bad Ones by James Clear Rating: 5 out of 5 stars5/5The 21 Irrefutable Laws of Leadership 25th Anniversary: Follow Them and People Will Follow You Rating: 4 out of 5 stars4/5The Millionaire Next Door: The Surprising Secrets Of Americas Wealthy Rating: 5 out of 5 stars5/5Never Eat Alone, Expanded and Updated: And Other Secrets to Success, One Relationship at a Time Rating: 4 out of 5 stars4/5Spark: How to Lead Yourself and Others to Greater Success Rating: 5 out of 5 stars5/5The Energy Bus: 10 Rules to Fuel Your Life, Work, and Team with Positive Energy Rating: 5 out of 5 stars5/5Think and Grow Rich: The Original 1937 Classic Rating: 4 out of 5 stars4/5Moneyzen: The Secret to Finding Your ""Enough"" Rating: 4 out of 5 stars4/5Change Your Paradigm, Change Your Life Rating: 5 out of 5 stars5/5The Dichotomy of Leadership: Balancing the Challenges of Extreme Ownership to Lead and Win Rating: 5 out of 5 stars5/5Seeing What Others Don't: The Remarkable Ways We Gain Insights Rating: 4 out of 5 stars4/5The Power of Moments: Why Certain Experiences Have Extraordinary Impact Rating: 5 out of 5 stars5/5The 6 Types of Working Genius: A Better Way to Understand Your Gifts, Your Frustrations, and Your Team Rating: 5 out of 5 stars5/5
Reviews for Angel Investing
Rating: 4.648148148148148 out of 5 stars
4.5/5
27 ratings1 review
- Rating: 5 out of 5 stars5/5With the growing number of technology start-ups and the popularity of reality television shows like the Canadian Dragon’s Den and it’s American spin-off Shark Tank, terms like “angel investor” and “venture capital” are becoming household words. However, how to actually survive and thrive in this sort of investment market is still a great mystery to many. For those looking to fund these sorts of high-risk businesses, help is needed. And that’s exactly what Angel Investing: The Gust Guide to Making Money & Having Fun Investing in Startups offers.Author David S. Rose is a veteran angel, founder of the New York Angeles investor group, and CEO of the online platform Gust, which connects moneyed members to entrepreneurs. In Angel Investing, Rose shows the novice the ropes, covering basics such as the differences between equity investment and lending; and among accelerators, angel investor groups, and venture funds. Readers will learn how to evaluate an entrepreneur’s potential, what to realistically expect from their portfolios, and how to be actively engaged in a business without becoming a nuisance. Rose also discusses what to expect in case of an acquisition, where your company is bought out by another one, and bankruptcy, where your chances of losing your entire investment is high. I particularly liked the author’s warning against trying to maximize financial return and social impact simultaneously. While it’s a nice idea that we could make money while being “do-gooders,” Rose points out that each project needs to focus on one goal.Sounds good so far? Well, for those who would rush out and buy this book as a sure-fire way to getting rich, I want to add two words of caution. First, this book was written for Accredited Investors (i.e., people with mega-bucks who are permitted by the government to blow large amounts of money on start-ups that will in all likelihood fail). So you might be thinking, “What’s in it for the Average Joe?” Well, most of us at some time or another have been asked – or will be asked – to participate in a “Friends and Family” investment round. Now, armed with this book, you can learn to think like the multi-millionaires and billionaires and critically evaluate a business’ potential before dropping your life savings into your nephew’s big idea.Second, angel investing is definitely more of an art than a science. It’s not a given which firms will be successes and which ones failures. (Don’t believe me? Check out the Apple chapter in the documentary film Something Ventured.) Most of the statistics are “guesstimations” based on Rose’s experience, not backed by hard data, nor expected to ever be. He talks about what generally happens, what entrepreneurs usually do, what problems often arise, etc., and builds his recommendations from this. But few things, aside from a few laws, are really set in stone. While it might seem like I’m being a “party pooper,” note that this is reality for any kind of investment or speculation – including Bitcoin, people! Angel Investing won’t eliminate risk, but it can teach you how to be a better informed investor.Disclaimer: I received a copy of this book as a First Reads giveaway winner on GoodReads.com. There was no obligation to write a review.