Failure is part of business, as 80% of all companies fail within 5 years. If you were an angel investor, would you rather invest in someone who has already failed to launch a new venture, or someone who has no history of failure because they have never started a company?
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as an angel investor, it will be wise to invest in someone who had already been in business and failed. that person had learned is lesson and dared to get back in business once again. Chances of such a person failing agian are minimal. it wise to mentor such people who seem great risk takers.
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Sep 26th, 2015
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