🌌 "Angel investing is an exit business," says EBAN President Janne Jormalainen

Our colleagues at Finnish Business Angels Network (FiBAN) recently conducted a session for 4ngels programme with our president, emphasizing that angel investing is not for the faint of heart, but it offers tremendous opportunities when executed correctly.



🚀 Janne Jormalainen, an experienced angel investor, FiBAN Chairman Emeritus, and EBAN President, shared his insights on how to thrive in this high-risk, high-reward endeavor. In the article, readers can discover these key takeaways and more:



1️⃣ Long-term View: Angel investing is all about the long game. Building a balanced and diversified portfolio is crucial because the real work begins after the investment.

2️⃣ Risk and Failure: Be prepared for failures; most startups don't make it. A substantial portfolio acts as your safety net for a successful exit.

3️⃣ Angel Involvement: Active angel involvement on company boards can significantly increase the chances of success and higher returns.

4️⃣ Diversity Matters: Diverse founding teams lead to better returns. Even one female founding team member can boost returns by 63%.

5️⃣ Traction Matters: Verify a startup's traction by speaking to its customers. Traction can be the key to a successful exit.

6️⃣ Reputation and Networks: Building a strong reputation and international networks is vital for securing the best deals in angel investing.

7️⃣ Impact Investing: Angel investors can make a positive impact and change the world through their investments.

8️⃣ Exit Strategy: Successful exits often come from long-term relationships. Building relationships with potential buyers is key.



✨ Angel investing isn't just about the money; it's about making a difference and contributing to the growth of innovative startups. Janne Jormalainen's experience and insights offer valuable guidance to anyone in the angel investment space.



Read the full article to delve deeper into these insights: https://lnkd.in/dyBmvn_k



#AngelInvesting #Startups #FIBAN