Martin Zwilling, founder and CEO of Startup Professionals, warns against collaborating with seven types of angel investors that might actually hurt your business. Some specific investors he recommends avoiding:
Some are in jail, some are awaiting their day in court, some are dead. There are chief executives, lawyers, and money managers. Some were only modestly talented in concealing their fraud; others ran elaborate schemes that are impressive in their complexity. But all were busted.
You remember how sad you were when your favorite childhood toy accidentally went under the lawnmower? Even though we're all grown up now, cherished items from the past seem to carry a very special significance for us. That's why we find it so unthinkable that someone would take a priceless relic, thousands of years old, and use it as a napkin or something. Of course, something being unthinkable hasn't ever stopped humanity from doing it.