#82 - My Angel Investing Strategy

**SPEAKER_1** (0:00)
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Peace.

**Shaan Puri** (1:42)
What's up, guys, Shaan here. Sam is out, so I am doing this episode solo. And I'm gonna do something a little bit different. I'm gonna start by talking a little bit about some of the angel investments I've made. In our Facebook group, I posted something about angel investing, and a whole bunch of people had questions, and so I thought I would come on the podcast and actually talk a little bit about it. When I wanted to learn about angel investing, I would only ever read things from the people who had killed it, usually over the last 10 years, you know, somebody like an Elad Gill, Jason Calacanis talks a lot about angel investing, and I would read their stuff, and it was sort of like, I'm an angel investor, I've invested in 100 companies, here's the five huge ones that you know about where I've made millions, and let me talk to you about what I look for in angel investing now.
And that was cool, but it didn't actually tell me sort of their thought process at the beginning, how they decided to do it, or how they got started, how much money it required, all those, just the actual tactical questions about doing it. I didn't hear a whole lot about that. I'm sure somebody has blogged somewhere about it, but that's what I want to talk about because that's where I'm at. When it comes to angel investing, I am by no means an expert, and I don't mean that just kind of in a, sometimes you say something and you're like, but I'm not a financial advisor, don't listen to me. This is not that. Because when I say that, that means, hey, I really think this is true, but don't sue me. This is, I'm for real when I say I'm not an expert, meaning I'm actually kind of like a beginner.
I'm just one notch above a total beginner. A total beginner hasn't even taken any action yet. They don't even know which direction they're going. They're just lost in the middle of Disneyland. So I'm one level above that where I've been on Space Mountain, but I just have a map in my hand. I'm just trying to figure it out. I'm still looking for a hot dog.
That Disney World analogy went pretty far. So anyways, point is I'm a beginner. I'm learning. As I learn, I say the stuff out loud. So this is me just learning in public. And if somebody out there is listening, because I know a bunch of people who listen to this, they are actual investors who have been doing this for a long time, feel free to correct me and say, hey, that thing you said made no sense. You should do it this way instead. Those are my favorite types of messages. So feel free to message me if that's the case. But all right, let's talk about angel investing. So my angel investing life started truly about six years ago, seven years ago, when I first moved to San Francisco.