Beating the Odds: Startup Pathways to Success

As an active angel investor in the Boston tech sector, I witnessed many paths to a successful return on my invested capital. Sometimes the path is short and sweet. Other times the path is long and convoluted, but ultimately leads to a happy ending. I subscribe to the belief that as an angel investor I should be open to a variety of investment opportunities as I build a successful, early stage company portfolio. So, is it possible for an angel to make venture capital returns (e.g. 25+% IRR sustained over many years) if you don’t have access to a steady stream of potential unicorn-sized exits?