Raising Money On AngelList: 21 Tips From Two Active Angels

The following is the result of a collaboration between Ty Danco and Dharmesh Shah. Ty is an angel investor and startup mentor (you should be reading his blog). Dharmesh is founder and CTO of HubSpot, runs OnStartups.com and is an advisor to AngelList. [Note: All the smart useful stuff in the article is Ty, all the feeble attempts at humor are Dharmesh] AngelList (AL) connects promising startups to a sterling network of early stage investors. AL has been getting a blizzard of well-deserved press of late after Venture Hacks released the networks 18 month statistics. 1. AngelList may be a game-changer, but most of the same rules are still in place. 2. "How to Hustle with AngelList", by Brendan Baker is the definitive how-to guide discussing how to make it onto AngelList, how to set up profiles, etc. 3. With over 400 companies having raised money on AngelList in its first 18 months, this is easy. 4. The first anchor investor is the hardest. 5. Whens the best time? 6. 7. 8. 9. 10. 11. 12.

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