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I’ve got angels who want to invest but not lead – now what?

June 17, 2008 /

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The following is from Ask The VC, where Brad Feld and Jason Mendelson of Foundry Group answer questions related to venture capital investment and startups:

Q: I have several angels that say the want to invest but non of them wants to lead. In your experience: 1) Is this a "call option" strategy rather than a serious investment intent? 2) any thoughts on how to turn "co investors" into lead? or should I try to get a lead of this "co investors" pack?

Full Story: http://www.thedeal.com/techconfidential/vc-ratings/vc-ratings/ive-got-angels-who-want-to-inv.php

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