Advice From Entrepreneur-Turned-Investor

Naval Ravikant helps run Venture Hacks and has previously started several companies including Epinions.com.  He has also done a bunch of angel investing.  In this interview he talks about what he looks for as an investor:

  1. Great team
  2. Huge market
  3. Proprietary technology
  4. Proprietary distribution channel
  5. Direct monetization model

I like the quote "Social networks are still an experiment." How true.  You can watch the video below or check out this "venture hack."