Between being a husband and dad and 15-hour work shifts, RAJAN ANANDAN, VP and MD of Google South East Asia and India, plays angel investor to start-ups. He draws some guidelines for to-be investors and entrepreneurs.
HOW TO BE AN INVESTOR:
1. Invest in what you know: An angel investor is someone who invests capital in a startup. But ideally, you should also be able to help a start-up with knowledge and domain expertise.
2. Be patient: If you’re good at what you do— and lucky—one out of the 10 companies you invest in will be a blockbuster. Think of it as a test match, not a IPL match. The simple rule of thumb is that one of the 10 companies you invest in will be a home run, two or three (out of and the rest will shut down.
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