, 4 tweets, 1 min read
More angels & micro-funds = more options for founders

See thread for recent news ๐Ÿ‘‡๐Ÿป

๐—ง๐—ฟ๐—ถ๐—ฝ๐—น๐—ฒ ๐˜๐—ต๐—ฟ๐—ฒ๐—ฎ๐˜ - more operator, angel, influencers are starting funds

First time founders look for ๐—›๐—ถ๐—ด๐—ต ๐˜ƒ๐—ฎ๐—น๐˜‚๐—ฒ ๐—ฝ๐—ฒ๐—ฟ $ ๐—ถ๐—ป๐˜ƒ๐—ฒ๐˜€๐˜๐—ฒ๐—ฑ - show horses vs. work horses
More triple threat angels are starting funds: operator, angel, influencer (blog/newsletter/podcast)
Scouts/operators seek to build a track record + reputation

Founders: look for high value with low effort: immediate access to relevant network + occasional high touch action

ie: working session + close 1 key hire for $25-100K checks
Find โ€œshow horsesโ€ and โ€œwork horsesโ€

Show horses are great signals for follow-on investors

Work horses roll up their sleeves and dig into the ongoing operations of the business.
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