Curious how you'd evaluate a 25% (or even 10%) owner who is an Angel investor. They provided capital, perhaps some contacts, but is not actively engaged in growing the business?
I expect investors to fit in at least one of three buckets:
- understand the industry;
- understand the go to market/sales approach; or
- understand the current stage of the company and what it takes to move to the next.
And within each of those, they should have relationships, information, and strategies that accelerate the company in some way. It's not just a "look at my linked in and tell me who you'd like to meet" but a focused "I know A, B, and C who beat the problems that you're dealing with. let me get them right now and see if they can offer advice" and then a while later "Oh, you need X. I know a guy who does that. I'll get back to you."
If it's 25% and the angel doesn't appear to have angel experience, you can bet that future investors are going to want to interview the angel!