The stakes are high but getting in on the ground floor can be the difference between buying an Atlassian at current prices or backing a winner from the start.
The first thing to acknowledge is the high risk that comes with early stage angel investing. Simon Letch
Until very recently, fear of missing out (FOMO) prompted investors to flood into any market they could find. Stock markets tore higher, crypto markets dominated headlines and property prices hit record highs.
But recently, that FOMO has turned into fear-of-being-left-holding-the-bag. The threat of rising interest rates has sparked sell-offs across the board, with tech darlings suffering some of the steepest falls.
Jessica SierNorth Asia correspondentJessica Sier is the North Asia Correspondent for The Australian Financial Review. She is based in Tokyo, Japan. Jessica has previously written on technology, global capital markets and economics. Connect with Jessica on Twitter. Email Jessica at jessica.sier@afr.com
