How to invest in startups

There is a lot of advice about how to be a good startup founder.  But there isn’t very much about how to be a good startup investor. Before going any further, I should point out that this is a particularly hard time to invest in startups—it’s easier right now to be a capital-taker than a capital-giver.  It seems that more people want to be investors than founders, and that there’s an apparent never-ending flow of capital looking for access to startups.

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