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Fundraising

Do Recent Angel Deals Matter to LPs Despite Limited Traction Visibility and Do Deal Size or Number Matter?

Asked by:
Community Member
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May 03, 2023
Would showing angel deals done recently be helpful as part of a track record to share with LPs or not really since no traction will be visible in such a short span of time? And if yes would they also care about number or size of such deals?
1 answer
Mike Suprovici
Accepted Answer
May 03, 2023
Angel deals are great if you can show the companies are growing. LPs don’t care much about the # of deals. It’s how successful you were with investing in those deals.

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