6 weeks. From instinct-driven investing to process-driven investing!
A structured curriculum built from 58 real investment decisions — not aggregated theory. Every week has a clear outcome. Every session is led by operators who've been on both sides of the table.
Angel Investing Cohort Outline
Format
6 weekly Saturday sessions · 2–3 hours each
Starts
June 2026
Seats
Limited to 40 per cohort
Price
₹50,000 + GST
Includes
FS Score certification · deal flow access · WhatsApp investor community
Networkign Dinner
Meet fellow participants and seasoned angel investsors from the ecosystem
What This Cohort Is
Not just theory.
Most angel investing programs teach you what investing is. This one teaches you how to do it — with a repeatable framework, live deal practice, and access to curated deal flow once you graduate.
6 weeks. One outcome per week.
By the end, you have a structured evaluation process, the FS Score certification, and a community of 40 investors who've gone through the same curriculum.
The cohort is deliberately capped at 40 seats. The IC-style deal discussions only work in a small, high-quality group. Applications are reviewed before acceptance.
Each week builds on the last — from resetting expectations to deploying a fully structured investment process.
Week 1: Angel Investing Reality and Mindset
The honest picture before the exciting one.
How angel investing actually works in India, not the headline version, not the WhatsApp-forward version. Risk, failure rates, timelines, and the power law math that most new angels discover too late.
We start here because the most expensive investing mistakes come from wrong expectations, not wrong analysis. Week 1 resets the mental model before any framework is introduced.
What We Cover
- How angel investing actually works in India — mechanics, not mythology
- Risk and failure rates: what a realistic 10-deal portfolio looks like
- Timelines: why 7–10 years is the minimum useful horizon
- Power law math: why 1 in 10 companies drives almost all returns
- Where angel investing fits in personal wealth allocation — and where it doesn't
- India-specific context: ecosystem maturity, SEBI regulations, tax implications
Week 1 Outcome: Reset expectations. Understand the game you're entering — before you start playing it.
Week 2: Founder, Market and Problem Evaluation
The most important judgment call in angel investing — made before you see a deck.
Founder-market fit is the single highest-signal input in early-stage investing. But most investors don't know what they're looking for — they confuse charisma with conviction, and storytelling with problem clarity.
Week 2 builds the evaluation lens for people and problems. By the end, you'll be able to assess a founding team and a market in 30 minutes — with a structured framework, not a gut feeling.
What We Cover
Founder-Market Fit
What it actually means and how to assess it beyond surface-level signals
Team Execution Signals
What to look for beyond the CV — the patterns that predict performance
Market Sizing
Why most TAM slides are wrong and how to re-evaluate them with an India-specific lens
Real Problems vs Good Storytelling
The red flags that hide in confident pitches — and the ones that are actually fine
Week 2 Outcome: Assess people and problems before ideas/decks. The most important skill in angel investing, built before week 3.
Week 3: Valuation, Deal Structures and Legal Basics
The mechanics most angels learn the hard way.
Pre-seed and seed valuations in India have their own logic — and most new angels accept terms they don't fully understand. Week 3 demystifies deal structures, cap tables, and the legal basics that protect (or expose) your investment.
No legal background required. The goal is fluency, not expertise — enough to ask the right questions and recognise a bad term sheet.\
What We Cover
- Pre-seed and seed valuations in India: ranges, benchmarks, and what drives them
- SAFEs, CCDs, and equity structures: when each is used and what they mean for you
- Cap tables: how they work, how dilution happens, and what to look for
- Investor rights: information rights, pro-rata, anti-dilution — what matters and what's noise
- Legal pitfalls: the clauses most angels miss and the ones that come back later
- How to read a term sheet in 20 minutes
Week 3 Outcome: Comfortable with terms, pricing, and deal mechanics. You can read a term sheet, understand your position on a cap table, and ask informed questions before signing.
Week 4: Syndicates, Secondaries and Pre-IPO
Thinking beyond the first cheque.
Most angel investing education focuses on early-stage equity. Week 4 expands the map — syndicates, secondary transactions, and pre-IPO opportunities. Each has its own mechanics, risk profile, and role in a well-constructed portfolio.
What We Cover
Angel Syndicates
Structure, carry, SPVs, and what the lead investor actually does. Lead vs follow investors: different roles, responsibilities, and rights.
Secondary Transactions
Buying and selling existing stakes — when it makes sense and how to evaluate the opportunity.
Pre-IPO Investing
Mechanics, access, and the risk profile most people underestimate. How to build a portfolio across stages — not just pre-seed.
Week 4 Outcome: Think beyond early-stage. Understand the alternate paths — syndicates, secondaries, pre-IPO — and how they fit a complete investing strategy.
Week 5: FS Score and Structured Evaluation
The framework that replaces gut-feel.
Week 5 is the operational heart of the cohort. The FS Score — Foundership's proprietary startup evaluation framework — is introduced, explained, and applied to real companies in an IC-style session.
By the end of Week 5, every cohort member has used the FS Score on a live deal and understands how to apply it independently.
What We Cover
01
Understand the Biases
Why gut-feel fails at scale: the cognitive biases that cost angels money
02
Apply the Framework
Live application: the cohort evaluates a real startup using the FS Score
03
IC-Style Decision Making
How investment committees work and how to run one informally — including structured dissent
04
Get Certified
FS Score certification: what it covers and how it's assessed
05
FS Score framework
- Founder quality
- Market opportunity
- Problem–solution fit
- Traction signals
- Capital efficiency
- India-market lens
Week 5 Outcome: A shared evaluation language and a structured process. You can evaluate any startup in 30 minutes — and explain your reasoning to another investor.
Week 6: Portfolio Strategy, Exits and Angel Behaviour
The long game.
Week 6 zooms out to the full picture — what a 10-year angel portfolio looks like, how to behave as an investor post-cheque, and the exit pathways that actually exist in the Indian ecosystem. Most angel investing education ends at the investment decision. Week 6 covers everything that happens after.
What We Cover
Building a 10-Year Portfolio
How many deals, what stage mix, how to think about concentration
Follow-On Strategy
When to double down, when to hold, when to walk
Post-Investment Value-Add
What founders actually need from their angels — and what wastes their time
Exit Pathways in India
Acquisition, secondary, pre-IPO, and what realistic timelines look like
Behavioural Mistakes
The angel patterns that destroy returns and relationships
What Comes After
Syndicate access, community, ongoing deal flow post-cohort
Week 6 Outcome: Think long-term. Behave like a disciplined investor. Leave with a portfolio framework, not just a deal evaluation skill.
What You Graduate With
By the end of the 6 weeks, every cohort member has a complete toolkit for disciplined angel investing.
FS Score Certification
Foundership's proprietary startup evaluation framework — assessed and certified
Deal Flow Access
Entry into the Foundership Syndicate, with curated deal flow from month one post-graduation
Investor Community
40 cohort peers, ongoing deal discussion, and Foundership team access via WhatsApp
Personal Investment Thesis
A written framework for what you invest in, at what stage, and why
Live Deal Practice
At least one IC-style evaluation on a real company using the FS Score
Portfolio Clarity
Clarity on whether and how to build a 10-year angel portfolio from your current position
Who This Is For
✓ Right Fit
- CXOs and senior executives with ₹25L+ to deploy — or building toward that
- Exited founders who want to back the next generation of builders
- Professionals with capital and curiosity — but no structured framework yet
- Angels who've made 1–2 investments on instinct and want to be more systematic
✗ Not the Right Fit
- Anyone looking for guaranteed returns or quick exits
- Anyone not willing to take a 7–10 year view on a portfolio
- Pre-revenue founders looking for investor access (see our Venture Studio)
The ₹25L+ guideline is a target horizon, not an entry requirement. If you're building toward it and want the framework in place before you're ready to deploy, the cohort is the right call.
How the Cohort Works
Format
Weekly Saturday sessions, 2–3 hours each. Live on Zoom. All sessions are recorded for 30-day playback.
Cohort Size
40 seats maximum. Applications reviewed before acceptance — not first-come, first-served.
IC-Style Deal Sessions
Weeks 5 and 6 include structured deal discussions on real companies. Cohort members are expected to come prepared.
Community
A private WhatsApp group runs throughout the cohort and beyond — deal discussions, questions, and Foundership team access.
Guest Founder Session
One session includes a founder who has raised from angels, giving the cohort the perspective from the other side of the table.
Guest Mentors
Practitioner speakers are announced on enrolment.
Our Capital Partners
100+ leading VCs, angel investors, family offices, and corporate venture arms across global markets.
North America
Leading venture capital network
India & Asia
Emerging market expertise
Other Emerging Markets
Global expansion reach
Europe
Strategic European presence
+100 more investors/ VCs worldwide
FAQs
1
Can I join without attending the webinar first?
Yes. The webinar is the recommended entry point — and the ₹4,999 is credited if you attend it first — but it's not a prerequisite.
2
What if I miss a session?
All sessions are recorded with 30-day playback. The live IC-style deal sessions (Weeks 5 and 6) are the hardest to replicate from recording — attend live where possible.
3
What if the cohort doesn't go ahead?
Full refund. No conditions.
4
Is there an alumni network after?
Yes. The community stays active beyond the 6 weeks, and cohort graduates get ongoing access to Foundership syndicate deal flow.
5
If you want to go straight to the syndicate?
Contact us at we@foundershiphq.com. Syndicate access is available to cohort graduates and approved members — the webinar starts the conversation.
Create Your Investment League!
The cohort is capped to keep the IC-style discussions high-quality. Applications are reviewed before acceptance — not first-come, first-served. If you're considering it, the right time to start the conversation is now.
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