Angel investor

Ron Conway is probably the best known and most successful angel investor in recent time. He has invested in some of the most successful companies in the past 10 years. Conway has focused his investing strategy on early stage, high-tech companies, and continues to examine current social, social commerce and mobile markets.

The most important factor for Conway is the team. “We start with the people first. We think the ideas that entrepreneurs start with evolve and change dramatically from the beginning and sometimes end up unrecognizable, so we believe in investing in the people,” he says.

Conway makes a lot of small investments too, a tactic commonly known in the industry as the “spray and pray” strategy. He is then able to make additional investments in the companies that perform the best. Since he invests in most of the best early stage startups, and is able to spread his money around, only a portion of his portfolio needs to succeed for him to continue earning.

An investment from Conway doesn’t guarantee your startup will have a successful exit, but because his network is extensive, his investments certainly catch attention of a wide group of potential investors interested in getting on board.

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