1. Avoid believing "specialness" of angels as a category of investors
No "value difference" to F&F
2. Understand the true alternatives, such as banks and bootstrapping
3. Develop an accurate profile of angel investors
4. Understand what angels are looking for no need to be next Google
5. Have a realistic sense when one can get angel money
It's much later than one thinks (hopes)
6. Be aware that raising money as a process is typically haphazard
7. Understand what you can get out of angels
It's just money, actually
8. Not all angels are the same a small minority can provide more than just the money