As an angel investor for the past five years, I’ve made a lot of mistakes. One of my greatest regrets is not investing in HealthifyMe, India’s No.1 health and nutrition application. Despite a passionate team, HealthifyMe as a company ethos always had a ‘product first’ background and was not focusing on building a profitable monetization strategy within the app. Subsequent rounds and valuations were stellar, and quite likely, this one investment could have returned my entire angel investment portfolio investment value to me. Another lesson was that if we see a great team attacking a potentially huge opportunity with strong conviction, it’s not prudent to get too hung up on traction.

Source: Mint May 06, 2019 16:52 UTC