Archive: pre-revenue


Avoid High-Priced Startup Deals

By Adam Sharp on June 9, 2020

In the last week, I’ve been invited to invest in two hot deals on AngelList. Both companies are doing well because of changes caused by COVID-19. One is in telehealth. The other is in food delivery. But when I checked the valuation on these deals, I was shocked. They were expensive. Both had extremely high valuations based on their current traction.   It’s clear that these startups have promise. But I decided not…