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Ravi Handa
Early Retiree | Fina... • 8m
People might have sophisticated thesis behind their angel investment, but this chat is a fairly good indicator of how I invest. Company kya hai, product kya hai, TAM kya hai - ye sab kehne bolne ke liye hai. And that is probably why I haven’t made much money angel investing. Unless you feel like this is way of giving back to the community, there is no point doing it. It is highly unlikely that you will make great returns via this route. Do it with the money you are willing to gamble with and I like to gamble on folks from my college or from Jaipur. My hope is that one of these gambles turns out to be a 100x story. Picking college / Jaipur is not exactly by choice. I invest a very small amount. Roughly in the range of 2-5 lakhs. No serious startup would reach out to me for something so small unless the founder and I have a common connect. So, if you are planning to take a plunge - look in your network. Try being a part of the journey of someone you know and like. May be you will end up making a shit ton of money. GREED IS GOOD!
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