·S1 E49

Breaking Down Angel Investing: IRRs, Exit Strategies & Risk–Reward Trade-Offs

October 3

1h 25m

Episode Description

The ASYMMETRIC Crew today:

Revant: CEO, Mosaic Wellness

Shantanu: Founder & CEO, Bombay Shaving Company

Chirag: Founder, GoKwik

Utsav Somani: Founder, Offline; Partner at Galaxy & iSeed

0:55 Intro & Welcome to Utsav Somani!

2:04 Utsav’s Current Work

4:13 Revant’s Angel Investing Journey

12:55 How Angel Investing Has Changed Post COVID

18:34 Will IPO Money Flow Back to Startups?

24:01 IRRs from Angel Investments

30:31 The Math Behind Angel Investments

36:46 From Angels to Fund Managers

40:10 The Problem with Domestic Capital Pools

43:35 What’s Worked in the US

44:40 Startup IPOs - Recycling into Angel Fuel

46:38 Types of Angel Investors

51:39 How to Classify Investors

53:46 The Bad Side of Angel Investing

58:07 Startups & the Media Hype

1:02:00 Building Good Faith in the Ecosystem

1:08:25 Angel Investing as a CEO

1:13:43 Managing Competition Risk

1:16:27 Consumer vs Platform Businesses

1:19:06 The Need for a Positive Sum Game

Charts referred to in the episode: