From Zero to Fifty: How AdPushup Closed $632K in Angel Investment
adpushup.com
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There is no sacred ground to maintain trust. Social proof, vanity metrics, out right lying is all fair game in this wild west. This is how credibility crumbles. This is how the startup scene becomes overwhelmingly a market of lemons as honest folks get pushed to the wayside and sociopaths rise amongst the chaos.
Bit of a noob Qn: Is it the norm to have as much as 50 investors in your Angel round? Or are you guys an exception in that too? How do startups deal with so many people after funding? In investor updates and followups, sharing figures, revenues, execution strategy and then following up on those discussions. Is it all done kinda light-touch?
We'll have a dashboard for each investor and if something requires investor approval - it comes from a select few, who have the Power of Attorney from the rest of the group.