How angels invest
Written in: December 2019 Notes
Last updated on: December 14, 2019
- You need +50 investments and angel investing returns ~30% IRR
- Most of the value created is from a small number of investments that return 10-100x or more.
- Returns get better if you can increase positions up to 100-150
- Maybe same strategy can be applied to a crypto portfolio?
- ~1900 tokens live right now
- Most are likely scams or not “investible”
- 164 tokens on Binance -> rough estimate of 300 “investible” tokens
- 100 token portfolio would be 1/3 of “investible” tokens