How professional investors make decisions.
September 4, 2018 /
Something I learned when I used to sell cars: if you understand how someone makes money, you can better understand how they make decisions.
The business of investing is about deal selection, not deal sourcing. The best investors see 100x more deals than local angels, VCs and anyone else in-between. That’s why it’s easier to get coffee with a professional investor than your local angel group. If you’re a founder, you should skip the local investors first. If you’re an investor, look at deals outside your hometown first.