Three investors with Tech Coast Angels with over 130 investments in startups between them, think they have some advice on due diligence? What lessons have they learned the hard way? In this interview Dave Berkus, John Harbison and Luis Villalobos tell all their stories about investing in early stage companies.

Entrepreneurs will hear the candid perspectives, the voice of experience of what happens at the critical stage of negotiating a term sheet. Why do early stage investors want to escrow founders' stock? And what is a Participating Preference? Hear these patient investors describe the issues that go into closing every early stage deal. What if the business succeeds, generates great cash flow and turns into a lifestyle business? How can investors trigger an exit? Among these three, we have all the answers.

Want to hear more? Check out Dave's previous podcast #108 and his essay. John was recently on the show, listen to podcast #116. Luis tells the story of founding the Tech Coast Angels in podcast #72.

Show #126 (1:13:46)