Developing an Angel Network in Montana

"With most of these investments, you’re going to lose money."

Angel-investor leaders are concerned that the SEC’s deliberations may produce rules that make it harder for entrepreneurs to raise money from those wealthier individuals, referred to as "accredited" investors.

Don’t let management divert you with comments on your failure to understand "the vision and the big picture."

Fortunately there is now good data on angel returns in Silicon Valley and nationally, and while more research is certainly needed, the data suggest that angel investors can and often do make money.

People love recounting the one time they caught a big fish, not the many futile hours they spent waiting for a bite.

Investing in entrepreneurs and startups is a fun but different world from investing in conventional stocks, bonds, and commodities.

A more effective model for Angel investing is long overdue. If Angels want to win — they want to lower their risk, create better returns, and help entrepreneurs more they’ll do the following:

Every year, the companies that compete get more real and more attractive, on average, to angel investment.

What do you think?

Despite all the competition, there’s a clear number one error in my book: