Play Money - Angel Investing, Made Easy

Cheryl Kellond is back, and this time she’s calling out angel group sins. Three of them. Hoarding diligence, forcing minimum check sizes, and treating a cap table seat like a status symbol. If you’ve spent more than...

The startup map is being redrawn. Not by VCs flying in to write checks, but by founders who never left home. Cheryl Kellond has watched it happen from the inside, and this conversation is a real-time dispatch from the...

Most angels hear the word dilution and flinch. Cheryl Kellond hears it and gets excited. By the end of this episode, you will too. Cheryl and Andy break down why dilution is almost always a signal that something good is...

<p>Founders aren’t always lying. But they’re not always telling the full story either.</p><p>Cheryl Kellond and Andy Walsh unpack the revenue terms that trip up new angel investors, and the specific ways AI companies...

<p>Most founders are taught to believe angel funding is just a stepping stone to venture capital.</p><p>In Ep#16 of Angels Decoded, Cheryl Kellond and Andy Walsh challenge that idea completely, arguing that angel...

<p>Most new angel investors think they need a polished investment thesis before writing their first check.</p><p>In Ep#15 of Angels Decoded, Cheryl Kellond and Andy Walsh unpack why that thinking often keeps people...

<p>Most people think angel investing is locked behind wealth, complexity, or Wall Street-level expertise.</p><p>In Ep#14 of Angels Decoded, Cheryl Kellond and Andy Walsh unpack a very different reality: many accredited...

<p>Angel investing isn’t complicated. We’ve just made it feel that way.</p><p>In Ep#13 of Angels Decoded, Cheryl Kellond and Andy Walsh unpack one of the biggest misconceptions in early-stage investing: the belief that...

<p>When venture capital chases the same handful of companies, opportunity doesn’t disappear. It moves.</p><p>In Ep#12 of Angels Decoded, Cheryl Kellond and Andy Walsh unpack the recent claim circulating on VC Twitter...

<p>AI is changing how startups are built. It’s also changing what great founders look like.</p><p>In Ep#11 of Angels Decoded, Cheryl Kellond and Andy Walsh explore why the traditional traits investors look for in...

<p>Angel investing, venture capital, startup funding — the rules of the market are changing.</p><p>In Ep#10 of Angels Decoded, Cheryl Kellond and Andy Walsh break down why many traditional investors believe there are no...

<p>AI is changing how startups are built. It’s also changing how angel investors make decisions.</p><p>In Ep#9 of Angels Decoded, Cheryl Kellond and Andy Walsh explore why traditional investment signals are breaking...

<p>Angel investing is often described as a financial decision. In reality, it’s an emotional one.</p><p>In Ep#8 of Angels Decoded, Cheryl Kellond and Andy Walsh explore why many angel investors are hesitating right now...

<p>Convertible notes were once the default way for startups to raise early-stage capital.</p><p>But today, many founders and angels still use them without fully understanding how they actually work.</p><p>In Ep#7 of...

<p>SAFE notes are meant to make early-stage fundraising easy.</p><p>And they do. But most founders and angels don’t fully understand what they’re signing up for.</p><p>In this episode of Angels Decoded, Cheryl Kellond...