Course 6710 lessons

Angel investing and startup equity

An honest, ground-up look at investing directly in early-stage private companies and at equity compensation from a startup job, with a constant, repeated emphasis on how risky and illiquid this corner of finance actually is.

What angel investing actually is

Angel investing means giving a very young, usually pre-profit company money to help it get off the ground, in exchange for a slice of ownership, called equity, in that company. The startup gets cash to hire, build, or grow, and the angel investor gets a stake that's worth something only if the company eventually succeeds.