"Jeff is someone that I met in the very beginning of my venture into venture when I first started investing a long time ago and he is he taught me as many lessons about how to be a good investor and in..."

"globby a thank you so much he's a great investor without anyone else you know helping him so it's a pleasure to be here super exciting to see so many people who are ready to do the most exciting thing..."

"Android journey sort of brief BIOS I was born French you to start up in the financial services market in France got acquired spend seven years at Reuters as a senior exec so you know the big company t..."

"ago when I was investing my own capital as an anvil so what I like to do in those kinds of events is go back in history and and talk about hey this is what I wish someone had told me then as opposed t..."

"almost never happens for you for most and rolls it will take 8 to 10 years so starts sort of being ready for that obviously it's very risky so you're gonna have losses those will come very fast typica..."

"and so at the end of the day you have to be modest and realistic and understand that anything you invest has a likely high likelihood of just being wiped out which means don't invest money that you ca..."

"from into companies that series ISM and so forth so you'll be part of this right and you guys will sort of start figuring out your own comfort with valuations and the simple way to think about valuati..."

"important for you to figure out and I'm gonna give you know two examples think about dropbox dropbox you could have invested if you were lucky at three pre but i was at the crazy time where there was ..."

"way to think about it everybody has you know sort of circumstances if you have a family if your pulmonary work doesn't work whatever if you have you know whatever I think ten percent is probably sort ..."

"not I would say for you guys who want to do this professionally awesome I personally I think that you know thinking about a an initial budget of $100,000 which you know you would divide in a number of..."

"you're useful paying taxes or you know your expenses of whatever is actually a sort of a good trick so what's real construction that defines the key factors of your investment strategy right and so th..."

"they proceeded stage your first check or will you actually try and follow on and go into your company so those are sort of a few six six sort of factors I want you guys to think about as you sort of d..."

"size of our funds portfolio some people want to go 400 some people want to do you know one or two deals a year it's okay as long as you build your narrative and your strategy around the number that yo..."

"those are some early-stage sectors I sort of mentioned so proceed you build the product seed your own post gnomes means you start having sort of more data and some people are not comfortable investing..."

"no good answer it's whatever you guys are comfortable with as an angel I'd never did any for a while right do I regret it what for the best deals of course but that was also my strategy which which sa..."

"time and sectors unless you really want to double down on one sector you know really well spreading it across sectors is a good way to avoid tanking example milk it's right there was a time where ther..."

"luck thank you Jeff as I mentioned before again we're going to have both come up and talk and then we'll do a QA I realized as after I sat down that I did I just I got so excited that Jeff was gonna c..."

"Chuck okay so I'm Andreea and okay someone needs to take this away from me because I like is it Otto can we slow it down then because it goes too way too fast we gotta give Run DMC some props before I..."

"have a few identifiers in here not only consumer brands but also tech brands I mean obviously consumers like McDonald's and we also talked about adidas earlier here in the valley we have tech brands i..."

"reputation basically precedes you and how do you want to identify yourself and be known I guess in the valley or whatever you know geographic region applies to you and you want to be proud of that obv..."

"super early at Google so we joined as sub 100 employees I mean I was there when there were basically only five desks and the building there were very few people working at Google when I joined but it ..."

"angel investing as a business we did not think that we had all the answers but we definitely wanted there was a little bit of altruism there in addition to writing cheques we wanted to be able to dedi..."

"cool it's a lot of startup companies use that a lot of law firms use it it's a great way to kind of capture and manage all of your companies your shares your 409a plans etc I won't read all of them I ..."

"at least 10 years for a decent return and as an angel investor you know what you're not going to get into every hot deal there are gonna be some deals or you know the lights just kick and scream and w..."

"invest and then brandy and lastly must be consistent you know a lot of these big brands don't happen overnight you know you have to have a consistent message like show up to all the events that you ge..."

"through this because I realize there probably been talking for too long but if we were to go through all the different things that define brand for example it's trust loyalty opinion identity percepti..."

"then a couple more things that I think are important is that you want to align yourself with complementary firms across the entire ecosystem build your network I can't say enough about this networking..."

"something to keep in mind there and I just put this in here because we also do gaming technology and newb is a reference to newbies by the way this I thought was kind of fun just to kind of break thin..."

"are things you know opinion matters people talk people talk in the industry you don't think they do but you know referrals are pretty strong here in the valley so just some things to keep in mind you ..."

"identity or second glass a third to last how do you manage your online presence you know do you maintain a website or does someone maintain that for you what's your social media structure like or are ..."

"about before are you attending the right events I mean obviously we're fortunate to be here at Y Combinator are you going to the right Y Combinator events are you going to the other accelerator events..."

"investments do you want repeat entrepreneurs do you want new blood you want to invest in a hacker a hustler what's your sweet spot for valuation build a portfolio that represents you that you want to ..."

"up sort of liking entrepreneurs that just didn't have the passion and the energy that took to really sort of go for it so we could we should have had a better filter and hopefully your filter is bette..."

"was and I couldn't like get back in but I think for the ones where we put a bunch of money and then the company is sort of you know had a good trajectory and then and then flattened I think it's alway..."

"the cures we have so so yes this question is I you both sort of super angels although Jeff Jeff has raised a fund which makes it a little different what what what's the biggest difference in investing..."

"be honest that's where entrepreneurs come to us as well I imagine you construct both of you probably construct your check size differently now than you did when you were beginning how do you guys thin..."

"I think anything less than that you know you might be you might be lucky but I think 50 thousands typically the sweet spot so here is the brutal math right you're gonna invest in about 40 companies fu..."

"would argue that it is is just what you should do what you noticed there is he's done the math and you should do the math so estimate how many investments you will make over a period of time per year ..."