As a founder you have an edge and a trap: you understand building, but you are short on time and prone to backing people you simply like. Keep it simple. Ask whether the market can get genuinely big, whether these founders can actually ship and sell, and whether the terms are fair for the stage. You will rarely have enough data to be sure, so weight the team and the problem over the model. Be honest that you cannot do deep diligence on every deal, and that a warm intro is not diligence. If you cannot explain in one line why this could return your whole cheque many times over, pass. Most angel bets fail, so only back what you would be at peace losing. This is education, not advice, and no framework removes the underlying risk.
A curated summary to orient you, not advice. The resources below are the real value.
2 hand-picked resources, 1 India-specific, 1 link-checked. Pick how you want to dig in.
Why we picked it The India-specific angel tax rules that touch both founders raising and individuals angel investing, worth understanding before you write a cheque.
From ClearTax by ClearTax
Open cleartax.in →Why we picked it The best reminder that avoiding ruin beats chasing returns, and that wealth is the money you don't spend. The whole founder concentration problem, told as stories.
From The Psychology of Money by Morgan Housel
