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Maker History
- Beyond the LabA bi-weekly deeptech VC and startup email
- Beyond the LabJul 2023
- Beyond the LabApr 2022
Forums
Investing as a micro angel
This is something I've started talking about on Medium, but it's a topic I think would be hugely relevant to the maker community here... Basically, the idea is that angel investing can be done at the micro level. The traditional concept of an angel investor is normally a former founder, with a multimillion dollar exit behind them, or a wealthy individual with a large personal fortune who can afford to embrace risk as an independent. But there is room in investing for smaller scale crowdfunders, investment squads and individuals to back companies they love as micro angels. People who have enough cash flow to back ideas with a 4 figure check and become a thriving part of a startup s journey. This is particularly relevant for marginalised founders, founders of colour and queer/trans entrepreneurs. We face massive hurdles to gaining traditional funding that can prevent us from using that route to build and scale a business; where we might have a much stronger network of individuals able to invest as micro angels. Prof Panayiotis Ketikidis puts the role of a micro angel well: Support structures for startups such as acceleration programs and incubators may offer funding and mentoring, but this is limited in scope and duration. Venture capitalists can cherry-pick the best teams to invest in, yet there are many worthy startups left behind. The resulting gap in the investment landscape provides an opportunity for small investors to reap large gains think micro-Angels writing average cheques of 10,000 to 50,000. Veryearly stage company valuations are by necessity quite low, and first money in Angel Investors can leverage this to their advantage taking a larger amount of equity at a lower price, along with other advantages, such as discounted follow-on, preferred options, and non-dilution terms. There are thousands of investors who put in $1k checks; it s not a new concept, and you can see it happening in every single startup ecosystem, whether it s in Sydney or Silicon Valley. My own journey into startup investing has been colourful, to say the least. I don t come from a finance background. I don t come from privilege. I don t come from money. https://joanwestenberg.medium.co...
How do you use technology mindfully - as a tool - when you're a founder?
Hey folks! I'm currently writing a book about cutting down on the level of interaction we have with technology, being more mindful with it. I was wondering if any makers/creators/founders wanted to share some insights into how you use tech as a tool, and set boundaries on it - rather than being owned by it? Could be around setting limits on phone use, setting limits on online tools etc. Thank you!!!
Fake comments are killing PH
I m seeing this happen more and more frequently. Clearly fake comments on product hunt launches. It s becoming a major issue, because it means I m no longer interested in reading community responses to products. Example: so many of the comments on this project are clearly fake. https://www.producthunt.com/post...