{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/6a0fb76780978431dad0217b/6a436f2671668e37065e4299?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"Welcome to the Angel Investing Podcast: Due Diligence, Risks, and Building an Asymmetric Portfolio","description":"<p>Join our community: theWealthElevator.com/angel</p><p><br></p><p>Lane Kawaoka introduces the Angel Investing Podcast, focused on high-risk, high-reward angel investing and the challenges of due diligence in pre-revenue deals where traditional financials may not exist. He explains that investors must rely more on qualitative factors like the sponsor, go-to-market strategy, competitive advantage, and moat, while setting expectations that many investments may lose money despite the potential to “change the world” and achieve outsized returns. Lane shares his background from engineering to building a rental portfolio starting in 2009, moving into syndications and private placements, surpassing $1B in assets acquired by 2020, and learning the hard lesson of overconcentration in commercial real estate, which drove him to diversify into angel investing. He cautions newly wealthy investors against indiscriminately writing many small checks, highlights the importance of education and deal access, and invites listeners to email him and join his investor group.</p><p><br></p><p>00:00 Welcome Investors</p><p>00:06 Angel Investing Basics</p><p>00:25 Due Diligence Without Revenue</p><p>01:19 Lane's Investing Journey</p><p>01:49 Diversify Beyond Real Estate</p><p>02:29 Avoid the Angel Trap</p><p>02:59 Accredited Investor Mindset</p><p>03:27 Access Deals Community</p><p>03:35 Wrap Up and Next Steps</p>","author_name":"Lane Kawaoka"}