Welcome to Crown Castê, your financial literacy podcast for small businesses. We publish inspiring, insightful conversations with investors and stewards of capital, about why they decided to make placements into a specific portfolio company of theirs. In today's episode, we are joined by Katharina Wodenitscharow
Katharina is a health economist in a large pharmaceutical firm. She is also an angel Investor who invests in impact- and mission-driven start-ups and HealthTech companies. Freelance Content Editor at the Angel Investing School.
In this episode, we discuss:
1. Embarking on the Journey of Angel Investing:
How did Katherina transition from working as a health economist at Rush to becoming an angel investor?
What inspired her to support early-stage companies, and what values were important to her in making this decision?
How has Katherina challenged traditional notions of what an angel investor should look like?
2. Navigating the World of Angel Investing: Learnings, Networks, and Deals:
What are some of the common misconceptions about angel investing that Katherina has encountered?
How has joining networks like Angel Investing School and My Angels expanded her opportunities in the angel investing sphere?
3. Personal Due Diligence and Investing in Founders:
How does Katherina conduct her due diligence before investing in a company?
Why does she place significant importance on understanding the founders' personal drives and values?
4. The Future of Angel Investing:
In light of the rapidly changing global environment, how does Katherina envision the role of an angel investor evolving in the next decade?
What advice does she have for individuals considering angel investing, especially those who may feel they lack the experience or capital typically associated with the role?
5. Angel Investing: Navigating Challenges and Leveraging Networks:
What misconceptions did Katherina have about angel investing before she started?
How did Katherina overcome the barriers and fears when starting her angel investing journey?
What networks and communities does Katherina belong to for finding investment opportunities?
6. Personal Experience with Angel Investing
What was her due diligence process like and how did she evaluate the founders and their product?
What are the questions Katherina finds most valuable during her due diligence process?