Chapter
Back Testing for Investing in Startups
21:05 - 28:03 (06:58)
To get started investing in startups the speaker suggest two possible methods: the first is to paper trade for two years, investing hypothetically to learn, and the second is to check out the TechCrunch finalists over the years and use them as a guide; AngelList can also be a helpful resource.
Clips
This episode explains the benefits of paper trading, which is virtually trading without the use of real money.
21:05 - 24:28 (03:23)
Summary
This episode explains the benefits of paper trading, which is virtually trading without the use of real money. Listeners are encouraged to choose a timeline, pick tentative rules, and select criteria and triggers for buying and selling in order to determine the best investment strategy for their personality and available capital.
ChapterBack Testing for Investing in Startups
Episode#109: The 5 Things I Did To Become a Better Investor
PodcastThe Tim Ferriss Show
The speaker suggests past winners and runners-up from TechCrunch 50 or TechCrunch Disrupt as potential bets for startup investments.
24:28 - 28:03 (03:34)
Summary
The speaker suggests past winners and runners-up from TechCrunch 50 or TechCrunch Disrupt as potential bets for startup investments. He also recommends using AngelList to track and place bets on syndicated startups and notes the importance of understanding deal structure.