Rick Timmins delivers a primer on angel investing. Rick is a veteran angel investor and financier with a fascinating career. He served in senior roles with Motorola and Cisco at the height of their powers, was a semi-pro poker player, and today sits on 5 boards including the Angel Capital Association. We talked about the craft of angel investing, the potential rewards and pitfalls, and some of the lessons Rick learned from his decades of experience as a tech executive.
The episode is now available on Apple Podcasts, Spotify, Amazon, and YouTube Music.
Chapters
00:00 Introduction to Angel Investing
04:06 The Reality of Angel Investing vs. Shark Tank
09:52 Rick Timmons' Journey into Angel Investing
16:04 The Role of Angel Networks
21:53 Stages of Angel Investment
27:45 Evolving Landscape of Angel Investing
33:58 Engagement with Startups Post-Investment
39:30 Tax Implications and QSBS
Takeaways
Angel investing requires time and effort for success.
Real-life angel investing differs significantly from Shark Tank.
Building relationships with entrepreneurs is crucial.
Angel networks enhance the chances of successful investments.
Investors should focus on companies meeting their metrics for follow-on investments.
QSBS can provide significant tax benefits for investors.
Many new angel investors underestimate the work involved.
Investing in startups is inherently risky; expect failures.
Engagement with startups post-investment can lead to better returns.
Continuous education is vital for becoming a successful angel investor.
The content here is for informational purposes only and should not be construed as investment, legal or tax advice. The opinions expressed by guests are their own and do not reflect the views of Seaplane Ventures. Our host, guests and clients may hold investments discussed in this podcast. Please invest responsibly.