I have learned about Product Management the hard way. Not fully understanding market requirements, failure to focus on the customer, secrecy in development, feature creep, poor listening skills, no version control and not taking action on feedback were all things I would associate with my own earliest forays into the world of technology entrepreneurship.

Closing an angel round is not the same as pitching for capital. It requires 5 key ingredients to be present; speed, good news, a firm deadline, solid processes and experienced lawyers.

Many regular investors must dread ‘The Pitch.’ Everyone has the best idea ever and it is going to make zillions. Like the worst chat up lines, they would be dreary if they were not so bad as to be funny.