Jeffery Potvin – You Must Do Your Due Diligence on Investors Too

BIO: Jeffery Potvin is an angel investor in multiple regions and has invested in 55+ companies. He is a member of seven angel groups and screening committees while being the driving force behind Open People Network (OPN)! OPN is a group of angel investors helping accelerate the growth of early-stage startups. STORY: Jeffery’s company had been working on and off with this startup for about two years. When the startup came back with a product and an investor, Jefferey took interest, and even though he had some doubts, he trusted the startup. It turned out his gut was right because the investor never held his part of the deal. LEARNING: Walk away from anyone trying to pressure you to close a deal and have the proper documentation in place before you sign the contract. The ultimate validation comes from your customer.   “Look for resources, educate yourself, learn and dive right into it. Build that product, then find that angel investor.” Jeffery Potvin   Guest profilehttps://www.linkedin.com/in/jefferypotvin/ (Jeffery Potvin) is an angel investor in multiple regions and has Invested in 55+ companies. He is a member of seven angel groups and screening committees while being the driving force behindhttps://opn.ninja/ ( Open People Network) (OPN)! OPN is a group of angel investors helping accelerate the growth of early-stage startups throughhttps://supportersfund.com/ ( The Supporters Fund) and Pitchit Series. Jeffery is a lifelong entrepreneur with a proven track record of building companies and reinventing existing businesses. He has worked with a list of great clients, from startups to enterprises, over the years. Jeffery is a mentor, coach and loves to climb mountains. Worst investment everJeffery worked with a company for about two years on and off, helping them through their journey. An opportunity came up to invest in this new emerging company that had some great IP. The company had found an investor that would help them with the production. The investor was going to contribute considerable fun