{"id":6464,"date":"2026-09-09T22:55:07","date_gmt":"2026-09-09T20:55:07","guid":{"rendered":"https:\/\/www.norban.no\/?post_type=norban_kb&#038;p=6464"},"modified":"2026-10-13T11:11:00","modified_gmt":"2026-10-13T09:11:00","slug":"most-common-angel-mistakes","status":"publish","type":"norban_kb","link":"https:\/\/www.norban.no\/no\/knowledge\/investing\/most-common-angel-mistakes\/","title":{"rendered":"De vanligste feilene engleinvestorer gj\u00f8r"},"content":{"rendered":"<h2 class=\"wp-block-heading\">N\u00e5r du blir forelsket i investeringen<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">\u00c5 bestemme seg f\u00f8rst og unders\u00f8ke etterp\u00e5 er en kostbar felle, kjent som \u00ablover\u2019s pit\u00bb. Det f\u00f8les ofte som at du har sett muligheten tidlig, ikke at du allerede har bestemt deg. Unders\u00f8kelsene blir deretter en jakt p\u00e5 grunner til \u00e5 st\u00f8tte valget.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u00c5 hoppe over arbeidet fordi investeringen er liten, er samme feil. En liten investering har samme risiko for totaltap som en stor.<\/p>\n\n\n\n<p class=\"wp-block-paragraph translation-block\">\u00c5 st\u00f8tte seg p\u00e5 en medinvestor kan skape samme problem. N\u00e5r du baserer deg p\u00e5 andres due diligence (selskapsgjennomgang), overtar du konklusjonene til noen med en annen investeringssum, en annen kj\u00f8pspris og andre opplysninger.<\/p>\n\n\n\n<p class=\"wp-block-paragraph translation-block\">Den publiserte dokumentasjonen er gammel, men peker i samme retning. I den <a href=\"https:\/\/www.angelcapitalassociation.org\/data\/Documents\/Resources\/AngelGroupResarch\/1d - Resources - Research\/6 RSCH_-_ACEF_-_Returns_to_Angel_Investor_in_Groups.pdf\">amerikanske studien fra 2007<\/a> av 539 engleinvestorer var median tidsbruk p\u00e5 due diligence omtrent 20 timer per investering. Investeringer der engleinvestoren brukte mer enn 40 timer, ga 7,1 ganger investert bel\u00f8p. De med under 20 timer ga 1,1 ganger, mot et gjennomsnitt p\u00e5 2,6 ganger i utvalget.<\/p>\n\n\n\n<p class=\"wp-block-paragraph translation-block\">Den <a href=\"https:\/\/media.nesta.org.uk\/documents\/siding_with_the_angels.pdf\">britiske studien fra 2009<\/a> fant en sammenheng mellom 20 timer eller mer og vesentlig f\u00e6rre totaltap. Begge studiene viser samvariasjon og er mer enn femten \u00e5r gamle, men er fortsatt den sterkeste publiserte st\u00f8tten for grundighet. Sett av f\u00f8rti timer til enhver investering du ville mislikt \u00e5 tape.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">For mye samlet i for f\u00e5 investeringer<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">De fleste investeringer gir mindre tilbake enn bel\u00f8pet som ble satt inn, og ett selskap betaler for portef\u00f8ljen. En portef\u00f8lje som er for liten til \u00e5 inneholde dette selskapet, er den st\u00f8rre risikoen. Valgene nedenfor kan f\u00f8les forsiktige der og da, men reduserer sjansen for at du eier en betydelig andel av selskapet som betaler for resten.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>For f\u00e5 investeringer til at portef\u00f8ljeregnestykket f\u00e5r en sjanse til \u00e5 virke.<\/li>\n\n\n\n<li>Ingen reserver, slik at noen andre finansierer neste runde i det gode selskapet, og eierandelen din vannes ut p\u00e5 det verste tidspunktet.<\/li>\n\n\n\n<li>Hele investeringsrammen brukt i det f\u00f8rste entusiastiske \u00e5ret, slik at portef\u00f8ljen blir avhengig av markedsforholdene i ett enkelt \u00e5r.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph translation-block\">Ingen reserver er det vanlige: I <a href=\"https:\/\/www.norban.no\/no\/services\/get-funding\/how-angels-invest\/\">NorBANs publiserte tall<\/a> oppgir bare omtrent en tredjedel av engleinvestorene at de har kapasitet til \u00e5 f\u00f8lge opp i en senere runde. Er du blant de andre to tredjedelene, bestem n\u00e5 om du skal holde av en reserve eller akseptere utvanningen.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u00c5 sette av kapital hjelper ikke hvis alt g\u00e5r til selskapene med st\u00f8rst problemer. Oppf\u00f8lgingsinvesteringer i studien fra 2007 ga 1,4 ganger investert bel\u00f8p ved exit, mot 3,6 ganger for investeringer som aldri ble fulgt opp. Den britiske studien fant 1,2 ganger. Hold reservene av til selskapene som lykkes.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Feil pris og vilk\u00e5r<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">\u00c5 betale en pris neste runde ikke kan overstige, koster deg avkastningen, men sjelden selve investeringen. En verdsettelse helt \u00f8verst i intervallet krever at alt g\u00e5r riktig bare for at verdsettelsen skal holde seg uendret. N\u00e5r markedet revurderer verdien, blir korreksjonen kraftig.<\/p>\n\n\n\n<p class=\"wp-block-paragraph translation-block\"><a href=\"https:\/\/www.cnbc.com\/2022\/07\/11\/klarna-valuation-plunges-85percent-as-buy-now-pay-later-hype-fades.html\">Klarnas verdsettelse falt<\/a> fra USD 45,6 milliarder i juni 2021 til USD 6,7 milliarder i juli 2022. Oda <a href=\"https:\/\/techcrunch.com\/2022\/12\/06\/oda-the-norwegian-grocery-delivery-startup-raises-a-fresh-151m-but-at-a-lowered-valuation-of-353m\/\">hentet USD 151 millioner<\/a> i desember 2022 til en verdsettelse p\u00e5 omtrent USD 353 millioner, ned 61 prosent fra rundt USD 900 millioner i april 2021, f\u00f8r selskapet <a href=\"https:\/\/www.finansavisen.no\/mat-og-drikke\/2024\/09\/04\/8175855\/oda-hentet-750-millioner-verdsatt-til-null\">hentet mer kapital i september 2024<\/a> p\u00e5 vilk\u00e5r som verdsatte den tidligere egenkapitalen til null.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Samme prisdisiplin gjelder i en tidligere fase. Tilpass prisen til risikoen i selskapets fase, og unders\u00f8k hva neste runde m\u00e5 prises til for at aksjeposten din skal bli mer verdt.<\/p>\n\n\n\n<p class=\"wp-block-paragraph translation-block\">En konkurransepreget runde kan ogs\u00e5 friste deg til \u00e5 akseptere utilstrekkelig beskyttelse. Opptjening av gr\u00fcnderaksjer, fortrinnsrett til nye aksjer, medsalgsrett og rapporteringsplikter bidrar til at en minoritetspost beholder verdi gjennom \u00e5r med fremtidig utvanning. Et vilk\u00e5r du dropper for \u00e5 f\u00e5 v\u00e6re med i runden, er et vilk\u00e5r du vil savne i \u00e5r tre, n\u00e5r selskapet har skiftet aksjon\u00e6rer to ganger.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Feil grad av involvering<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">B\u00e5de for mye involvering og for lite kontakt kan skape problemer. For mye involvering tar tid fra gr\u00fcnderen, og i denne fasen er det ressursen selskapet har minst av.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\u00c5 presse selskapet mot neste kapitalrunde f\u00f8r neste kunde.<\/li>\n\n\n\n<li>\u00c5 behandle vekst som det eneste m\u00e5let.<\/li>\n\n\n\n<li>\u00c5 over\u00f8se gr\u00fcnderen med r\u00e5d utenfor ditt kompetanseomr\u00e5de.<\/li>\n\n\n\n<li>\u00c5 ta en styreplass og bruke den til \u00e5 drive selskapet. Et styre som ikke skiller styring fra daglig ledelse, bruker ledelsestid selskapet ikke har.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">I den andre enden forsvinner noen investorer etter investeringen. I studien fra 2007 fikk engleinvestorer som hadde kontakt med selskapet \u00e9n eller to ganger i m\u00e5neden, 3,7 ganger investert bel\u00f8p, mot 1,3 ganger for dem som hadde kontakt \u00e9n eller to ganger i \u00e5ret. Investeringer knyttet til investorens egen bransjekompetanse ga omtrent dobbelt s\u00e5 mye tilbake som investeringer utenfor den.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Vurderingsfeil under sosialt press<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Sosialt press kan v\u00e6re s\u00e6rlig vanskelig \u00e5 kjenne igjen fordi det f\u00f8les som god d\u00f8mmekraft der og da.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\u00c5 investere fordi respekterte navn allerede er med.<\/li>\n\n\n\n<li>\u00c5 g\u00e5 inn i et tema fordi alle andre gj\u00f8r det.<\/li>\n\n\n\n<li>\u00c5 investere fordi en venn sp\u00f8r, og behandle vennskapet som due diligence.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph translation-block\">Det finnes lite solid forskning p\u00e5 engleinvestorer som kopierer andre investorers beslutninger. En <a href=\"https:\/\/onlinelibrary.wiley.com\/doi\/10.1111\/1756-2171.12474\">studie fra 2024<\/a> gir dokumentasjon fra et beslektet marked: en europeisk plattform for aksjebasert folkefinansiering.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Tilsagnene ble sterkt p\u00e5virket av st\u00f8rrelsen p\u00e5 det siste tilsagnet og hvor lenge det var siden det ble gitt. Folk tolket store investeringer som kvalitetstegn og stille perioder som negative signaler.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Dette er et n\u00e6rliggende marked, og det er v\u00e5r vurdering at funnet ogs\u00e5 kan v\u00e6re relevant for englesyndikater. Likevel vil de fleste engleinvestorer kjenne igjen mekanismen. Mottiltaket ligger i fremgangsm\u00e5ten: Trekk din egen konklusjon f\u00f8r du f\u00e5r vite hvem andre som er med i runden.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Vaner som hjelper deg \u00e5 unng\u00e5 feilene<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Bruk disse kontrollpunktene f\u00f8r hver investering for \u00e5 utfordre beslutningen din og finne arbeid som gjenst\u00e5r.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><thead><tr><th>Feil<\/th><th>Hva den koster, og hva du kan gj\u00f8re<\/th><\/tr><\/thead><tbody><tr><td>Bestemme seg f\u00f8r unders\u00f8kelsene<\/td><td>Due diligence blir et forsvar for beslutningen, og risikoen kommer frem etter betalingen. Rett opp rekkef\u00f8lgen: f\u00f8rst grovvurdering, s\u00e5 due diligence tilpasset investeringen, deretter forpliktelse.<\/td><\/tr><tr><td>Hoppe over due diligence ved en liten investering<\/td><td>Samme risiko for totaltap, tatt uten informasjon. Sett en minstestandard for arbeidet per investering, uavhengig av st\u00f8rrelse.<\/td><\/tr><tr><td>St\u00f8tte seg p\u00e5 en medinvestors arbeid<\/td><td>Du bruker konklusjonene til en investor som kan ha en annen eierandel og ha betalt en annen pris. Kontroller selv, uansett hvem som er i syndikatet.<\/td><\/tr><tr><td>For f\u00e5 investeringer<\/td><td>Portef\u00f8ljen f\u00e5r f\u00e6rre muligheter til \u00e5 inneholde selskapet som betaler for den. Sett et m\u00e5l for antall investeringer og fordel dem over flere \u00e5rganger.<\/td><\/tr><tr><td>Ingen reserver, eller reserver brukt p\u00e5 taperne<\/td><td>Du blir utvannet i selskapene som lykkes, og risikerer st\u00f8rre tap i de andre. Bestem reserveprinsippene p\u00e5 forh\u00e5nd og invester ut fra dokumentert fremgang.<\/td><\/tr><tr><td>Betale en pris neste runde ikke kan overstige<\/td><td>En flat runde eller nedrunde og en avkastning selskapet aldri tjener inn igjen. Tilpass prisen til risikoen i selskapets fase og unders\u00f8k hva neste runde m\u00e5 prises til.<\/td><\/tr><tr><td>Droppe vilk\u00e5r for \u00e5 f\u00e5 tildeling<\/td><td>Ingen opptjening, ingen fortrinnsrett og ingen informasjon n\u00e5r det gjelder. Behandle beskyttende vilk\u00e5r som en forutsetning for \u00e5 investere, ikke som forhandlingskort.<\/td><\/tr><tr><td>Kreve for mye av gr\u00fcnderen eller g\u00e5 for langt i styret<\/td><td>Ledelsestid g\u00e5r med til eierstyring, og investoren blir problemet. Avtal en tydelig rolle ved investeringen, med styring atskilt fra drift.<\/td><\/tr><tr><td>Forsvinne etter pengeoverf\u00f8ringen<\/td><td>Bidraget som begrunnet investeringen, kommer aldri. Hold jevnlig kontakt og invester der kompetansen din faktisk er relevant.<\/td><\/tr><tr><td>F\u00f8lge syndikatet<\/td><td>Andres d\u00f8mmekraft brukes p\u00e5 dine penger. Trekk din egen konklusjon f\u00f8r du f\u00e5r vite hvem andre som har forpliktet seg.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Hvilke feil du er mest utsatt for, endrer seg med erfaringen. Begynn med dem som passer situasjonen din n\u00e5.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"translation-block\">En ny engleinvestor gj\u00f8r de tre f\u00f8rste: Overbevisningen kommer tidlig, investeringen f\u00f8les for liten til grundig arbeid, og en respektert medinvestor ser ut som due diligence. Skriv ned <a href=\"\/no\/knowledge\/investing\/20-minute-first-screen\/\">den f\u00f8rste grovvurderingen<\/a> f\u00f8r du m\u00f8ter gr\u00fcnderen, bestem hvor mye tid du skal bruke p\u00e5 unders\u00f8kelsene og bestem m\u00e5let for antall investeringer f\u00f8r den f\u00f8rste.<\/li>\n\n\n\n<li>En erfaren engleinvestor er mer utsatt for pris og involvering: konkurransen om runden der et vilk\u00e5r droppes, og styreplassen som blir til daglig ledelse. Skriv vilk\u00e5rslisten f\u00f8r konkurransen om runden tilspisser seg, og avtal rollen din skriftlig med gr\u00fcnderen ved investeringen.<\/li>\n\n\n\n<li>En engleinvestor med bransjefokus er mest utsatt for tidlig overbevisning og for \u00e5 kreve for mye av gr\u00fcnderen. Du kjenner markedet, s\u00e5 du tror du har kontroll p\u00e5 risikoen f\u00f8r du har gjort unders\u00f8kelsene, og du har meninger om hvordan selskapet b\u00f8r drives. Den doble avkastningen innenfor eget kompetanseomr\u00e5de begrunner fokuset. Den begrunner ikke \u00e5 hoppe over de f\u00f8rti timene.<\/li>\n\n\n\n<li>En engleinvestor i et syndikat er mest utsatt for flokkadferd. Skriv ned vurderingen din med dato f\u00f8r notatet fra lead investor eller navnelisten kommer.<\/li>\n<\/ul>","protected":false},"excerpt":{"rendered":"<p>Engleinvestorer gj\u00f8r ofte de samme feilene n\u00e5r de velger, unders\u00f8ker og f\u00f8lger opp selskaper. Kjenner du igjen vanene, kan du justere arbeidsm\u00e5ten f\u00f8r neste investering. Konsentrer deg om det du kan styre, og husk at investering i oppstartsselskaper alltid inneb\u00e6rer h\u00f8y risiko.<\/p>","protected":false},"featured_media":7685,"template":"","meta":{"_tec_requires_first_save":true,"_yoast_wpseo_focuskw":"","_yoast_wpseo_title":"The most common angel investing mistakes","_yoast_wpseo_metadesc":"The process failures behind most angel losses: deciding before verifying, concentrating too early, paying the wrong price, and getting involvement wrong.","site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"_price":"","_stock":"","_tribe_ticket_header":"","_tribe_default_ticket_provider":"","_tribe_ticket_capacity":"0","_ticket_start_date":"","_ticket_end_date":"","_tribe_ticket_show_description":"","_tribe_ticket_show_not_going":false,"_tribe_ticket_use_global_stock":"","_tribe_ticket_global_stock_level":"","_global_stock_mode":"","_global_stock_cap":"","_tribe_rsvp_for_event":"","_tribe_ticket_going_count":"","_tribe_ticket_not_going_count":"","_tribe_tickets_list":"[]","_tribe_ticket_has_attendee_info_fields":false,"_EventAllDay":false,"_EventTimezone":"","_EventStartDate":"","_EventEndDate":"","_EventStartDateUTC":"","_EventEndDateUTC":"","_EventShowMap":false,"_EventShowMapLink":false,"_EventURL":"","_EventCost":"","_EventCostDescription":"","_EventCurrencySymbol":"","_EventCurrencyCode":"","_EventCurrencyPosition":"","_EventDateTimeSeparator":" kl. ","_EventTimeRangeSeparator":"\u2013","_EventOrganizerID":[],"_EventVenueID":[],"_OrganizerEmail":"","_OrganizerPhone":"","_OrganizerWebsite":"","_VenueAddress":"","_VenueCity":"","_VenueCountry":"","_VenueProvince":"","_VenueState":"","_VenueZip":"","_VenuePhone":"","_VenueURL":"","_VenueStateProvince":"","_VenueLat":"","_VenueLng":"","_VenueShowMap":false,"_VenueShowMapLink":false,"_tribe_blocks_recurrence_rules":"","_tribe_blocks_recurrence_description":"","_tribe_blocks_recurrence_exclusions":"","kb_id":"INV-48","kb_level":"foundation","kb_standfirst":"Angel investors often make the same avoidable mistakes in choosing, checking and supporting companies. Recognising those habits can help you change your process before the next investment. Focus on the decisions you can control, while accepting that startup investing remains risky.","kb_counterpart":"","kb_reviewer":"","kb_last_reviewed":"2026-09-02","kb_review_due":"2028-09-02","kb_norway":false,"kb_disclaimer":false,"kb_takeaways":["Follow-on investments in Wiltbank and Boeker's 2007 US study exited at 1.4x against 3.6x for investments never followed on. Reserves belong to the companies that are working.","Angels who spent more than 40 hours on diligence recorded far better outcomes than those who spent under 20 in the two best-known studies, Wiltbank and Boeker (US, 2007) and NESTA (UK, 2009), both of which are correlational and now old.","Relying on a respected co-investor's work means adopting a decision made by someone whose position, price and information differ from yours. Verify independently.","Concentration is the mistake that ends angel careers. The asset class only works when one position can pay for the rest.","Angels in contact with a portfolio company once or twice a month recorded 3.7x in the 2007 study, against 1.3x for those in contact once or twice a year."],"kb_assets":[],"kb_assets_planned":[],"kb_related":["INV-08","INV-54","INV-49"],"kb_terms":[{"en":"due diligence","no":"selskapsgjennomgang","slug":"selskapsgjennomgang"},{"en":"dilution","no":"utvanning","slug":"utvanning"}],"kb_sources":[{"label":"Wiltbank & Boeker, \"Returns to Angel Investors in Groups\" (Kauffman Foundation \/ ACEF, November 2007)","url":"https:\/\/www.angelcapitalassociation.org\/data\/Documents\/Resources\/AngelGroupResarch\/1d%20-%20Resources%20-%20Research\/6%20RSCH_-_ACEF_-_Returns_to_Angel_Investor_in_Groups.pdf","accessed":"2026-09-02"},{"label":"NESTA \/ BBAA, \"Siding with the Angels\" (May 2009)","url":"https:\/\/media.nesta.org.uk\/documents\/siding_with_the_angels.pdf","accessed":"2026-09-02"},{"label":"\u00c5stebro, Fern\u00e1ndez Sierra, Lovo & Vulkan, \"Herding in equity crowdfunding\", RAND Journal of Economics (2024)","url":"https:\/\/onlinelibrary.wiley.com\/doi\/10.1111\/1756-2171.12474","accessed":"2026-09-02"},{"label":"CNBC, \"Klarna valuation plunges 85%\" (11 July 2022)","url":"https:\/\/www.cnbc.com\/2022\/07\/11\/klarna-valuation-plunges-85percent-as-buy-now-pay-later-hype-fades.html","accessed":"2026-09-02"},{"label":"TechCrunch: Oda raises USD 151 million at a lowered USD 353 million valuation (6 December 2022)","url":"https:\/\/techcrunch.com\/2022\/12\/06\/oda-the-norwegian-grocery-delivery-startup-raises-a-fresh-151m-but-at-a-lowered-valuation-of-353m\/","accessed":"2026-09-02"},{"label":"Finansavisen, \"Oda hentet 750 millioner \u2013 verdsatt til null\" (4 September 2024)","url":"https:\/\/www.finansavisen.no\/mat-og-drikke\/2024\/09\/04\/8175855\/oda-hentet-750-millioner-verdsatt-til-null","accessed":"2026-09-02"},{"label":"NorBAN, How angels invest","url":"https:\/\/www.norban.no\/services\/get-funding\/how-angels-invest\/","accessed":"2026-09-07"}],"footnotes":"","rank_math_title":"","rank_math_description":"","rank_math_focus_keyword":"","_dpc-meta-title":"","_dpc-meta-description":"","_dpc-keyword":""},"kb_track":[50],"kb_pillar":[61],"kb_access":[52],"kb_level_tax":[71],"kb_norway_tax":[],"class_list":["post-6464","norban_kb","type-norban_kb","status-publish","has-post-thumbnail","hentry","kb-access-free"],"kb_reading_time":7,"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - 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