
Summary
Dawn Batts, an angel investor and advocate for getting more Black angels into the space, shares her story and motivations. She grew up in Detroit and has a background in accounting and anthropology. Dawn became interested in angel investing after learning about different ways to invest and seeing the trends in institutional investors moving towards private equity. She started doing family and friends investing before realizing it was angel investing. Dawn co-founded the Black Angel Forum to bring together underrepresented angel investors and provide education and connections. She emphasizes the importance of innovation, economic development, and closing the wealth gap through angel investing.
Takeaways
Angel investing is a way to support innovation and economic development.
There is a need for more Black angels in the investment space.
Angel investing can help close the wealth gap.
Education and connections are important for angel investors.
Risk-taking is necessary in angel investing.
The Black Angel Forum provides a platform for underrepresented angel investors to connect and learn.
Different regions have different investment processes and preferences.
Equity positions are a way to build wealth.
Due diligence and understanding your investment thesis are crucial in angel investing.
Supporting and empowering Black angel investors is essential.
Sound Bites
"Angel investing is a form of advocacy."
Chapters
00:00
Introduction and Background
01:03
Growing Up in Detroit and Education
02:08
Studying Anthropology and Business
03:13
Becoming an Angel Investor
04:46
Transition from Stocks to Private Equity
05:30
Starting an Angel Network
07:18
The Intensive Work of Angel Investing
08:10
The Need for a Better Way in Angel Investing
09:28
Motivations as an Angel Investor
10:37
The Importance of Local Community
11:50
The Black Angel Forum
13:49
Future Steps and Pathways
16:15
Other Motivations and Future Plans
19:47
Advice to Younger Self
21:10
Supporting Dawn's Work
22:01
Closing Remarks
More about Dawn
More about Lisha
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