Companies I like to invest in
Q: Hey Andy, thanks for using Askablogr! Given your experience as a founder and investor, what kind of company (what stage, what themes, what kind of founding team, etc.) do you like to back and why?
A: I like early stage internet companies. The earlier the better. I prefer consumer oriented companies but have invested in business to business web stuff too. Any company where the founders are passionate about what they're doing and I understand the problem they're trying to solve. I don't do bridge notes and tend to be valluation sensitive. I don't like to invest in 8MM pre money startups :-)
So 8MM is too high. What's a good range? 3 to 5?
I had an idea for Judy's Book. I guess it's too little to late :-) but I always wondered if you guys thought of it. Ping me if you have a sec.
Posted by: james | February 14, 2008 at 11:44 AM