Avram's Past

Why I am not an Angel Investor, Founder, Director or Advisor to early stage companies (except when I am)

General wisdom about investing in early stage companies suggests that for every 10 investments,¬† only two companies do well. Let us assume that four of the ten return the money invested and four return nothing.¬† If we invested a million dollars in each we will have invested ten million dollars in total. If two of … Continue reading