Send me an Angel: Demystifying Angel Investing with Megan McNally

In this episode of Going the Distance with Go Long, Jill Beck and Megan McNally discuss the intricacies of angel investing, particularly focusing on women's roles in this space. Megan shares her journey from environmental law to becoming an angel investor and the challenges women face in the startup ecosystem. They explore the risks and rewards of angel investing, the importance of community support, and the need for women to shift their mindset from charity to investment. They also highlight the FBomb Angels Investment Club, a community aimed at empowering women investors to make informed decisions and collaborate on investments.More about Jill & Go Long:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Sign-up for Go Long’s newsletter⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Learn more about Go Long⁠⁠⁠⁠⁠⁠⁠⁠Instagram⁠⁠⁠⁠⁠⁠Facebook⁠⁠⁠⁠LinkedIn⁠⁠More about Megan McNally:⁠FBomb Angels⁠⁠LinkedInMentioned in this Episode:Go LongFBomb Breakfast ClubFBomb Angels Investment ClubHow I Built This – Peloton EpisodeJump to:00:00 - Introduction to Go Long and Angel Investing04:53 - Megan's Journey: From Environmental Law to Angel Investing10:29 - Understanding Angel Investing: Demystifying the Term18:53 - The Risks and Realities of Angel Investing28:41 - Angel Investing vs. Traditional Bank Loans31:21 - Building Community for Success31:41 - Understanding Funding Vehicles34:11 - The Misconception of Investment as Success37:44 - Women Investing in Women: A New Perspective39:38 - FBomb Angels: Investing with Purpose48:40 - Creating a Safe Space for Learning50:47 - Reevaluating Investment Models52:53 - The Future of Women in Investing