College Scout Investment Framework

A strategy for breaking into startup investing by becoming a scout for established investors, leveraging AngelList's new tools that make deal splitting easier.

The Scout Strategy

  • Contact 4 favorite investors weekly
    • Send structured emails highlighting interesting startups
    • No need to ask for a job directly
    • Focus on providing value first

Email Framework

  • Introduce yourself with clear expertise/angle
    • Example: "I'm a developer watching the tech scene"
    • Example: "I'm into music watching that space"
  • Commit to sending 3 interesting startups weekly
  • Ask only for optional one-line feedback
    • Can be about why it's stupid or awesome
    • Don't require lengthy responses

Follow-up Process

  • Send consistently for 3 weeks
  • If no response after 3 weeks:
    • Move on to different investors
    • Find new targets to pitch to

Expected Outcomes Within 1 Year

  • Build a portfolio of startup equity
  • Gain experience in:
    • Sourcing deals
    • Due diligence
    • Pitch preparation
    • Working with professional investors

Why This Works

  • Fun way to learn startup investing
  • Play "fantasy investor" while building real relationships
  • No capital required to start
  • Leverages AngelList's new tools for deal splitting
  • Creates win-win for both scout and investor
24:13 - 26:39
Full video: 53:08
SP

Shaan Puri

Host of MFM

Shaan Puri is the Chairman and Co-Founder of The Milk Road. He previously worked at Twitch as a Senior Director of Product, Mobile Gaming, and Emerging Markets. He also attended Duke University.

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