How a $20K angel investment in ElevenLabs turned into $800K returns
“And then that's when I met Matti and within thirty minutes of the first conversation, I was like, I'm all in.”
He's thinking about, like, something about the AI voices and so on. Have no idea, but you've been in that space. Do you wanna talk to him? I was like, absolutely. And then that's when I met Matti and within thirty minutes of the first conversation, I was like, I'm all in. How much money do you want? And I want to introduce to my friends. That was pretty much it. How much did you put in? I put in 20 k. 20 k? Yes. Have you kept it all? I sort of a tiny tiny portion through one of the secondaries, but it's that tiny portion. What is 20 k worth now? It's probably like, it's it's like 800 k in returns. So that's probably like what? 6, 16,000,000 something like that? Not bad. But you've done much better so
You might not have had that multiple. I haven't had that multiple. That is fucking phenomenal. It's good. But it like it's it's it's been good. When was that moment when you're like holy shit I've just got to join this rocket ship?
About this clip
An angel investor shares the story of meeting ElevenLabs founder Matti and deciding to invest $20K within 30 minutes of their first conversation. The investment has generated roughly 40x returns, now worth around $800K, demonstrating the power of quick decision-making and conviction in early-stage AI companies.
Why this clip
This clip showcases a concrete example of exceptional angel investment returns and the importance of quick conviction when spotting promising AI startups.
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