Angel: How to Invest in Technology Startups—Timeless Advice from an Angel Investor Who Turned $100,000 into $100,000,000
- Downloads：3718
- Type：Epub+TxT+PDF+Mobi
- Create Date：2021-09-08 09:54:51
- Update Date：2025-09-06
- Status：finish
- Author：Jason Calacanis
- ISBN：0062560700
- Environment：PC/Android/iPhone/iPad/Kindle
- Download
Summary
One of Silicon Valley’s most successful angel investors shares his rules for investing in startups。
There are two ways to make money in startups: create something valuable—or invest in the people that are creating valuable things。
Over the past twenty-five years， Jason Calacanis has made a fortune investing in creators， spotting and helping build and fund a number of successful technology startups—investments that have earned him tens of millions of dollars。 Now， in this enlightening guide that is sure to become the bible for twenty-first century investors， Calacanis takes potential angels step-by-step through his proven method of creating massive wealth: startups。
As Calacanis makes clear， you can get rich—even if you came from humble beginnings （his dad was a bartender， his mom a nurse）， didn’t go to the right schools， and weren’t a top student。 The trick is learning how angel investors think。 Calacanis takes you inside the minds of these successful moneymen， helping you understand how they prioritize and make the decisions that have resulted in phenomenal profits。 He guides you step by step through the process， revealing how leading investors evaluate new ventures， calculating the risks and rewards， and explains how the best startups leverage relationships with angel investors for the best results。
Whether you’re an aspiring investor or a budding entrepreneur， Angel will inspire and educate you on all the ins of outs。 Buckle up for a wild ride into the world of angel investing！
There are two ways to make money in startups: create something valuable—or invest in the people that are creating valuable things。
Over the past twenty-five years， Jason Calacanis has made a fortune investing in creators， spotting and helping build and fund a number of successful technology startups—investments that have earned him tens of millions of dollars。 Now， in this enlightening guide that is sure to become the bible for twenty-first century investors， Calacanis takes potential angels step-by-step through his proven method of creating massive wealth: startups。
As Calacanis makes clear， you can get rich—even if you came from humble beginnings （his dad was a bartender， his mom a nurse）， didn’t go to the right schools， and weren’t a top student。 The trick is learning how angel investors think。 Calacanis takes you inside the minds of these successful moneymen， helping you understand how they prioritize and make the decisions that have resulted in phenomenal profits。 He guides you step by step through the process， revealing how leading investors evaluate new ventures， calculating the risks and rewards， and explains how the best startups leverage relationships with angel investors for the best results。
Whether you’re an aspiring investor or a budding entrepreneur， Angel will inspire and educate you on all the ins of outs。 Buckle up for a wild ride into the world of angel investing！
Reviews
Luke Duncan
，
I’d give the book 1 star on style and 4 to 5 on substance。 There is a lot of cringe worthy bro-ness in this book。 But looking past it， there’s an honest look at how angel investing （and the Silicon Valley start up scene） works。 I learned a bit and it gave me some things to think about as a non-investor with a career in tech。
Guillermo
，
Very useful information for those investingJason is candid， direct and down to earth。 Jason certainly knows and understands founders， startups and “the gam” The book provides a recipe to understand and assess the implications of becoming an angel investor。 Reading this book certainly is money well invested
Michael Duyvesteijn
，
In typical Jason Calacanis style - slightly arrogant， yet genuine - he lays out very clearly how to go about putting your first chips on the poker table: How to start betting on startups as an angel investor。I found it insightful as a founder/operator myself to gain a better perspective of how difficult the job is of an angel investor - what it is they are looking for in a 100x startup and after investing， how to protect their interests。A direct takeaway I have is to start keeping a list of star In typical Jason Calacanis style - slightly arrogant， yet genuine - he lays out very clearly how to go about putting your first chips on the poker table: How to start betting on startups as an angel investor。I found it insightful as a founder/operator myself to gain a better perspective of how difficult the job is of an angel investor - what it is they are looking for in a 100x startup and after investing， how to protect their interests。A direct takeaway I have is to start keeping a list of startups around me and value / qualify them on their potential。 Then in a year's time or so， I check back in and evaluate the accuracy of my business antennae。 。。。more
David Gibbs
，
Great Read for a new Angel InvestorVery helpful book for those just entering the angel investing world。 Note: I would have awarded a “5” star rating had the author refrained from using a amateurish vulgar writing style， which was totally unnecessary for an otherwise great book。
Mayank
，
Great book on Angel investing with great insight into investors and founders mindset。
Kair Käsper
，
While the author has disturbing delusions of grandeur this book is packed with specific， useful information that I wished I had solidified before making my first investments。 Should be mandatory reading before handing your money over to startups。
Märt
，
Angel is is written by Jason Calacanis， an angel investor with 25+ years of experience。 It is a comprehensive book and a great primer on how to become a successful angel without necessarily having a lot of funds to start with。 My learning notes turned out to be pretty comprehensive:- Angels offer one of the following to startups: money， time （jam with founders on important issues）， network （make meaningful introductions）， expertise （give actionable advice the saves time/money）。- You should enjo Angel is is written by Jason Calacanis， an angel investor with 25+ years of experience。 It is a comprehensive book and a great primer on how to become a successful angel without necessarily having a lot of funds to start with。 My learning notes turned out to be pretty comprehensive:- Angels offer one of the following to startups: money， time （jam with founders on important issues）， network （make meaningful introductions）， expertise （give actionable advice the saves time/money）。- You should enjoy talking to and having coffee with the range of personalities。 Best founders are wild cards， stubborn and unmanageable， pursuing their vision on the expense of other people's feelings。- Advises to move to Silicon Valley and take vacations to the place you really want to live in， as the networks rooting for you in Silicon Valley are 100x than anywhere else。 （This has changed since the book came out in 2017， I think - CHECK TIME）。- Watch out for founders who don't want to work without an investment （indicator for what they do when running out of money）。 Some people are just good at finding product fit with investors。- There is little reason nowadays to invest without having a product ready， as getting products to market has dropped from a few million to $20-250k。- More prolific angel investors like Jason can ask for and keep pro-rata rights （right to invest in subsequent rounds to maintain their ownership %） because he has the "weight" to not bring further companies to the VCs who overwrite his pro-rata rights。- Advice to a wannabe broke angel: provide your skill， network or reputation to the company in return for shares。 Jason advised seven startups each over 2 years in marketing， three of them made him a total of $700k。- "You're just another subscription and a monthly ad clicker for corporate America。 It's time to unplug from The Matrix。。。 If I had known before I would have put angel investor and computer specialist on my business card， and ask everyone around to introduce me to young companies and beg them to let me consult in IT issues"- Recommends new angels do 10 syndicate investments before direct Investings。 Can invest with zero due diligence， beside the current work， with spending just $25，000 over 10 deals of $2500， being on cap tables and learning a ton all the while。- Look for these in syndicates: syndicate lead has been investing at least 5 years and has one notable unicorn investment， startup that is based in Silicon Valley， startup that has at least two founders， startup that has a product or service that is already in the market， I start up that has either 6 months of continuous user growth or 6 months of revenue， startup that has notable investors。- Founders love hearing from investors， even those that have put in just $2，500。 You should see angel investing as a competition where you're trying to provide more value than any other angel- For every investment you consider， write a deal memo about what the risks are and what you think has to go right for the startup to return your investment。 For every startup you pass， make notes detailing exactly why。 You will learn looking back how bad you are at this， and see how you improve。- Visit the office of each syndicate start-up。 You should only invest if you would buy stock in the founders themselves。- To build your angel network: create a list of all investors in your 10 syndicates。 Send a message to each of these potentially 600 investors on the four platforms （email， Twitter， LinkedIn and Facebook）。 Make a private Twitter list of co-investors and open it once a day to learn how other investors present themselves to the world。 Reply and retweet， have a coffee with anyone who would， identifying what value they and convey what value you would bring to start-ups。 The meeting should be your peak professional self， like an addition， because he would want to know that you are worth their founders' time。 Tell people that they can email you blind about founders are investors without needing a permission。 People want to meet with people who are fascinated by the vision so when asking for an introduction to founders communicate what you think their vision is important and how you can perhaps contribute to it。- When evaluating deals: mark each company as okay/good/great and in one sentence why you will invest or not invest。 Every 6 months add another column to the spreadsheet for how each company is doing， specifically if they have raised more money or have gone out of business- Pitch meetings: Allocate 3 hours for each startup meeting: 1h before each startup meeting for prep， 1h for meeting （leave 30 minutes free after for extra time）， 1h for post-mortem。 Research includes who are the founders， what the product is， who the competitors are， what the market is like， and who else investing in the company。 Most investors don't do enough research or try out the product。- When getting an email， he asks how many people they have， how much money they have raised， how long they have been in the business， how they acquire customers， why are they in the business。- 10 one-hour meetings per week is a good for professional angels， 5 if part-time。 Be promiscuous with meetings but prude when writing checks。- At the meeting， you want to ask short concise questions and listen to the answers and write them on paper just like Colombo that detective。- Investor wants to know four things: why has this founder chosen this business， how committed is this founder， what are the founders chances in succeeding in this business and in life， what does winning look like in terms of revenue and investors return。- The first 30 minutes of the meeting is spent on these 4 questions， which show deep empathy for the founder and also enable them to let their guard down:1。 What are you working on？ 2。 Why are you doing this？ 3。 Why now？ Why now is the most important question you can ask because there are people trying the same ideas over and over again。 Google what's the 12th search engine， Facebook was the 10th social network， iPad was the 20th tablet。 It's about who gets there first when the market is ready。 What's your unfair advantage？- The second 30 minutes of the meeting is about tactical details such as go to market strategy， what kind of team they have and competitive landscape， nuances of business models。 Ask quick 12 tactical questions: tell me about the competition， how do you make money， how much do you charge customers， how much does your average customer spend， tell me top three reasons why this business might fail。- Founders should not be at an event that do not result in new customers， investors， or employees。- When Jason sees the founder or a company， he sends them short three questions asking for: revenue by quarter， how long have you been in business， I've seen a number of businesses in the sector fail why will it work this time？ @jason- If they're reaching out to you before the product， it means they did not have the capacity to convince others to build the product with them over the weekend， and it's not a good sign。 You need to focus on startups that have everything including traction that just need extra funds to finish their mission。 You want to work with the people doing it， not with the people thinking of doing it if you fund them。- Investors can meet companies at incubators but they should invest in them 6 to 12 months *after* graduation because by then a lot more has become clear。 For all these companies， Jason asks to be sent the monthly updates: seeing a person execute their plan over time is the best way to see if to invest。- Put a coffee with a founder on calendar 100 days from now and a follow-up call in one year from now （at 20 minutes so founder won't feel it's too much。） Then if it still looks good， Jason asks "is there any way you can extend the round or carve someone else back。 I really want to help and make this company success for everyone involved。"- Advice to founders: Be honest with investors so they can help， they're your biggest fans。 Just like executive producers are in movies wishing they were directors or actors or screenwriters， angels want to be part of something。 Investments pay off in 7 years on average， but 80-90% of investments will fail and mostly in the first couple of years。 If you want to make investors feel special ask how their portfolio is doing。 If you are the successful company， treat your investors as well as you can; it feels like your most successful child finding time to come and see you。 Celebrate your investors so they can take the money and invest it into the next round of founders。- Monthly updates creates a discipline in founders to keep an ongoing dialogue with investors。 Add key metrics for the business， what you consider wins and losses since the last email， requests for current investors， cash balance， burn rate and runway。- Jason spends 80 to 90% of his weekly time by trying to help the startups。 When he walks into a broken company， he does it like a fixer or a plumber， just asking what is wrong- CEO has to deal with all the problems that smart people on your team cannot solve， it's an assault on all sides and you have nobody to talk to。 The CEO's job is to smooth out the emotional roller coaster， never letting your team experience the highest and lows you are feeling。 Angel investors job is to be there for the CEO when they are struggling making sure they are heard and that you are on their side。- Angels usually quit when they hit a huge win。 No matter how your returns do， from these 30 investments you can take the knowledge and connections and join a VC firm。 If there is success in the portfolio， you could perhaps take a board seat and help build the company to a billion。 With 2 to 5 times return， you would have the credibility to raise their own fund。 If you hit 5 to 100 times return， soak in the lottery of life and the randomness of it all because your bets probably weren't that different but you got lucky。 Almost all investors have the same profile if you take out their top investment and the exact same if you take out top three。 。。。more
Mari
，
Ülbitsev ja ninakas stiil oli vastuvõetamatu， sekka mõni praktiline soovitus。 A la "Kui te olete täpselt nii toiminud， nagu ma ütlen， siis edu korral kutsuge mind oma jahile champagnet jooma， aga pidage meeles， et minu 10a kogemus annab mulle alati eelise sellel turul。 Ja ärge jumala eest tehke koosolekul märkmeid läpaka või telefoniga - jätate endast laliseva idioodi mulje。" Ülbitsev ja ninakas stiil oli vastuvõetamatu， sekka mõni praktiline soovitus。 A la "Kui te olete täpselt nii toiminud， nagu ma ütlen， siis edu korral kutsuge mind oma jahile champagnet jooma， aga pidage meeles， et minu 10a kogemus annab mulle alati eelise sellel turul。 Ja ärge jumala eest tehke koosolekul märkmeid läpaka või telefoniga - jätate endast laliseva idioodi mulje。" 。。。more
Erkki Kubber
，
Raamat on hea ülevaatlik ning kirjeldab hästi asjad ära。 Samal ajal on kohati info üldine， common sense ja rohkem võinuks olla näiteid/how to loogikat。 Maitse asi muidugi ja hea lugemine mis annab alguseks otsa kätte kindlasti。
Austin Moran
，
Actionable takeaways from an industry veteran with stories to help contextualize。 What more could you want or of a book in this genre？ Stop reading reviews and get to reading this instead。
Thiago Marzagão
，
This reads like a Nassim Taleb book: it offers great insights but to get to them you have to endure endless paragraphs of diatribes and beta male posturing （"sometimes I scare myself with my predictions"）。 I learned a whole freaking lot - Calacanis clearly has tremendous experience on every aspect of the business and he gives no-nonsense， specific， actionable advice on how to get your deal flow started， how to grow a network of co-investors， what types of deals a beginner angel should look for， This reads like a Nassim Taleb book: it offers great insights but to get to them you have to endure endless paragraphs of diatribes and beta male posturing （"sometimes I scare myself with my predictions"）。 I learned a whole freaking lot - Calacanis clearly has tremendous experience on every aspect of the business and he gives no-nonsense， specific， actionable advice on how to get your deal flow started， how to grow a network of co-investors， what types of deals a beginner angel should look for， what questions to ask founders， what red flags to watch out for， when to keep your pro-rata， when to consider selling， and much much more。 The only missing subject is valuation， which he says is not as important as who the other investors are， how the business is doing， or who is on the team （fine， but when all is said and done you need to assign *some* value to the startup you're investing in）。 And I wonder if he still thinks you absolutely have to be in Silicon Valley to do angel investing - now that covid has normalized remote working。 But these are excusable flaws; the book is brilliant and I got more value out of it than I could possibly ask for。 。。。more
Carlos Nunes
，
Practical and full of insights from an Angel with fantastic tracking record！
Shane Smith
，
If you can look past the ego， Jason has some really interesting insights into the world of Venture Capital。
Ben Holcomb
，
Solid overview of Angel InvestingGood overview of angel investing from one successful Angel’s experience。 Most of the book is focused on giving actionable advice on filtering through pre-revenue startups to invest $1-25k in。 Great advice on how to avoid getting screwed over and lied to and what to do when this does happen。
Adam Smith
，
Great book。 One of a kind。 A real person and the true gentleman behind the words in this book。 Jason inspires to raise millions and delve into the start-up culture to understand how everything works and how to stop being delusional。 Jason draws similarities between poker game and investing， it is a reasonable metaphor that delivers the point and scores some goals。 The book is not an easy read but a must-have for every investor wannabe and every start-up founder。
Anthony Avedissian
，
This book is a comprehensive playbook for anyone looking to invest in early-stage companies。 The author， Jason Calacanis， is a serial angel investor and shares his personal strategies and advice for anyone looking to start angel investing。 While the book is targeted at novice angel investors， there’s a lot of advice for more experienced investors to。Get my full notes here: https://www。anthonyavedissian。com/angel/I didn’t initially expect too much from this book。 I thought a lot of the value migh This book is a comprehensive playbook for anyone looking to invest in early-stage companies。 The author， Jason Calacanis， is a serial angel investor and shares his personal strategies and advice for anyone looking to start angel investing。 While the book is targeted at novice angel investors， there’s a lot of advice for more experienced investors to。Get my full notes here: https://www。anthonyavedissian。com/angel/I didn’t initially expect too much from this book。 I thought a lot of the value might have been drained by virtue of the fact it’s designed for the mass market。 But I stand corrected。 The author， Jason Calacanis， outlines a very comprehensive playbook for anyone looking to invest in early-stage companies。 The chapters in the book seamlessly lead into one another， each one building upon the last， to create a step-by-step guide on how to become an angel investor。 Each chapter contains a trove of actionable tips backed by Jason’s real-world experiences。 The book isn’t just for those looking to make their first angel investment; it would also be valuable for someone who is experienced and has a large portfolio of investments。 The tips， therefore， apply throughout the investment life cycle。 Jason himself is a straight shooter。 He’s the kind of guy you’d be happy to grab a drink with， and this is reflected throughout the book。 His unique sense of humour shines through， clearly influenced by his New York roots， and makes this a light and fun read。This book ins’t similar to a typical business book。 It doesn’t try to explain any theory or management or business strategy。 It’s more of a crash course in why you should start investing in early-stage start-ups and how you should do so。I found the book entertaining and insightful， and a useful framework to begin investing in more start-ups myself。 It also painted a clear picture to me around just how much time and effort must go into the angel investing process if you want to be successful。 The potential gains you could generate through angel investing， which are superior to the gains you would expect by investing in an index fund， only come through hard work， grit， and some luck。 。。。more
Jacob
，
Great intro to Angel Investing。 Main things I learnt:- remember about pro-rata （to do not get dilluted in the following investment rounds）- "If you don't like to talk to totally delusional people who think that stars will align for them， and only they can change the World in the way they want。。。then angel investing is not for you。"- when you have $1M net worth， go and invest 10% of your net worth in startups - if you lose everything it will not make a difference for you （other 90% of your net wo Great intro to Angel Investing。 Main things I learnt:- remember about pro-rata （to do not get dilluted in the following investment rounds）- "If you don't like to talk to totally delusional people who think that stars will align for them， and only they can change the World in the way they want。。。then angel investing is not for you。"- when you have $1M net worth， go and invest 10% of your net worth in startups - if you lose everything it will not make a difference for you （other 90% of your net worth will cover these loses）， but if you hit 100-1000x return you can 10x your net worth- strategy for investing: first small amounts （e。g。， $1k per investment thru syndicate， see how it goes and after a year or so start putting $5k in some companies that you really believe in， then finally find some top 3 and put $10-25k into them） 。。。more
Marius
，
Good checklist type of book
Vitali
，
This is one of the handfuls of books that I read in the past 10 years that provides real value: industry insights， startup culture， human elements。 Chapter 5 is the best。
Rus
，
Nice introduction to angel investing and offers motivating insight on how to start in a syndicate for as little as $10，000。 Time to get in Angelist 😂
Edward Kuruliouk
，
For someone who uses some many words to say so little， Jason Calacanis packs a surprising amount of value into this little gem。 Calacanis details his journey through Silicon Valley as a startup founder， scout for Sequoia Capital， then angel investor and lead of his own syndicate。 In the process he reveals his playbook， which includes some very effective strategies as part of an extremely efficient approach to early stage startup investing。At times there are redundancies and some of his poker ana For someone who uses some many words to say so little， Jason Calacanis packs a surprising amount of value into this little gem。 Calacanis details his journey through Silicon Valley as a startup founder， scout for Sequoia Capital， then angel investor and lead of his own syndicate。 In the process he reveals his playbook， which includes some very effective strategies as part of an extremely efficient approach to early stage startup investing。At times there are redundancies and some of his poker analogies I found to be almost cringe-worthy， but there is no denying the authenticity with which Calacanis presents his ideas。 When coupled with how he injects his personality into each chapter， this book is one with extreme character。 I recommend this book to angel investors， VCs， startup founders， and anyone involved in investing into private business。 Whether you are new to the game or have years of experience， I am sure you will find some value here。 。。。more
Tyler
，
An eye-opening look into the world of angel investing。There's a ton of information here to start angel investing with practical tips on finding the right founders， how to interact with them， and how to make the best decisions on your investment。Few favourites:- The world has changed more in the last ten years than it has in the previous ten decades。 The world is going to get flipped on its head 2-3x in your lifetime。- Opportunity cost- The lost gains resulting from the misapplication of your tim An eye-opening look into the world of angel investing。There's a ton of information here to start angel investing with practical tips on finding the right founders， how to interact with them， and how to make the best decisions on your investment。Few favourites:- The world has changed more in the last ten years than it has in the previous ten decades。 The world is going to get flipped on its head 2-3x in your lifetime。- Opportunity cost- The lost gains resulting from the misapplication of your time- Google was the 12th search engine。 Facebook was the 10th social network。 iPad was the 20th tablet。 。。。more
Dmitry
，
Very prudent and pragmatic advice on how to start angel investing
Joseph Knecht
，
An easy read on angel investing told from a personal perspective。 The author focuses on the good and the bad， the risks and rewards of angel investing。 The problem with any winning formula is that once the formula is revealed， it is no longer the winning formula。 Therefore， although some aspects of this book are still useful， it will become obsolete in few years。 Some folks call these people visionaries， but that’s only after they’ve made a ton of money and launched products that people can’t li An easy read on angel investing told from a personal perspective。 The author focuses on the good and the bad， the risks and rewards of angel investing。 The problem with any winning formula is that once the formula is revealed， it is no longer the winning formula。 Therefore， although some aspects of this book are still useful， it will become obsolete in few years。 Some folks call these people visionaries， but that’s only after they’ve made a ton of money and launched products that people can’t live without。 When you meet them， they’ll be just starting out and people will refer to them as assholes， narcissists， and nutjobs。I prefer founders who are willing to pursue their visions long before an investor comes along and takes some of the pressure off of them。A savvy angel investor understands that you have to drill down into the numbers because people will， intentionally or unintentionally， come up with their own definitions of reality。 I call these alternate metrics。“Successful startups have a hundred angels but failures are orphans。” 。。。more
Mohit
，
Very interesting and punchy。 The big takeaway for me was the three step approach - （A） syndicate， （B） lone-wolf and （C） double down。 Also， always get pro-rata， and do the work。
Nomie
，
I listened to it as an audiobook and wish I had written down some of the important points to revisit them later。 80% of your investments is likely to fail if you are an angel investor so this is a completely different ball game。 Great book for anyone interested in how angel investing works including the importance of pro rata， monthly updates from investors and how to choose founders and what questions to ask。 Jason talks about how you can start small by investing USD1000 in an angel syndicate a I listened to it as an audiobook and wish I had written down some of the important points to revisit them later。 80% of your investments is likely to fail if you are an angel investor so this is a completely different ball game。 Great book for anyone interested in how angel investing works including the importance of pro rata， monthly updates from investors and how to choose founders and what questions to ask。 Jason talks about how you can start small by investing USD1000 in an angel syndicate and do 10 deals per year。 I think this option is pretty limited for investors outside the US as well as those who currently wouldn’t meet the threshold of being considered high net-worth。 。。。more
Brian Sachetta
，
If you’re looking for the insider’s playbook to becoming an angel investor， look no further。 Not only is Calacanis the real deal， but in this one， he shares his process and all of his insights， strategies， and rules of thumb。The book is full of technical terms that every angel investor needs to know， and they’re presented in such a straightforward fashion that anyone can understand them。 Thus， you get all the important stuff with none of the added bloat here。The investment stories Calacanis pres If you’re looking for the insider’s playbook to becoming an angel investor， look no further。 Not only is Calacanis the real deal， but in this one， he shares his process and all of his insights， strategies， and rules of thumb。The book is full of technical terms that every angel investor needs to know， and they’re presented in such a straightforward fashion that anyone can understand them。 Thus， you get all the important stuff with none of the added bloat here。The investment stories Calacanis presents in this book are super interesting， helpful， and legit。 He doesn’t sugarcoat anything or feed you any BS， which I loved。 Just about everything is actionable and worthy of note-taking。Calacanis says in this one that he’s not sure if the time and energy required to write the book will be worth it in the end， though he hopes it is。 Speaking for myself， I’m definitely grateful he made the personal investment。 I got a ton out of this one。-Brian SachettaAuthor of “Get Out of Your Head” 。。。more
Rachel Who？
，
Great， straightforward advice on an elusive career！ The 2-month plan Calacanis outlined was genius。 600 connections to startup leaders and top investors just like that。 Definitely worth a read。 The only problem I have with this book is that it's a little misleading。 At the beginning of the book， Calacanis promises you can "make it big" even if you don't have much money。 However， the advice he gives is in the context of a 1。5 million dollar investment over around a year。 That's not something norm Great， straightforward advice on an elusive career！ The 2-month plan Calacanis outlined was genius。 600 connections to startup leaders and top investors just like that。 Definitely worth a read。 The only problem I have with this book is that it's a little misleading。 At the beginning of the book， Calacanis promises you can "make it big" even if you don't have much money。 However， the advice he gives is in the context of a 1。5 million dollar investment over around a year。 That's not something normal people have， not to mention risk losing。 Less than 0。1% of the population has a 10 million net worth。。。 。。。more
Jeff Ammons
，
This book was well structured and written to make the topic of angel investing approachable。 It was funny and informative and easy to read。 Highly recommended for anyone interested in Angel investing or just understanding how it works。
Valentine
，