If making money is your only goal, there are better asset classes worth exploring.
Below are my reasons for angel investing:
- Network capital - Get to meet and learn from exceptional founders, investors, operators and creators many of whom I am lucky to call good friends.
- Knowledge capital - Get to learn about new business ideas / models and gain perspective from the brightest minds in the country.
- Inspiration Capital - Get inspiration from the passion, energy, frugal mindset and hustle of the best founders in the world which I can apply in my own business.
I also enjoy:
- Being a friend, sounding board and supporter - To help the best founders in India build faster / better.
- The long term feedback cycle of this asset class - Which filters most people who join for the wrong reasons.
- The asymmetric nature of this asset class - Open to those who play it right.