Nansen CEO: As an angel investor in the past few years, I have participated in 58 projects, out of which 19 have gone to zero.

On July 10th, Alex Svanevik, the CEO of Nansen, in a conversation with Zeneca, the founder of ZenAcademy, regarding their angel investment track record, stated that in recent years, as an angel investor, he has made a total of 58 investments. Out of these, 8 have been successful, 10 have advanced to the next round but are still awaiting results, 14 have not yet moved on to the next round, 7 have achieved partial returns (through acquisition or suffered losses), and 19 have gone bankrupt. Zeneca's track record shows that they have invested in a total of 68 projects. Among them, 3 have been successful, 4 have shown minor returns, 15 have resulted in minor losses, 8 have incurred significant losses, 10 have gone bankrupt, and 22 are still awaiting results (but with little hope).