Last updated September 10, 2026.
The Diligent Observer is a weekly podcast and newsletter serving angel investors. We've covered 233 angel deals and released 82 podcast episodes, reaching an audience that's extremely hard to find anywhere else: active accredited angel investors.
The newsletter highlights angel network investment activity every week, and the podcast breaks down lessons learned and best practices from experienced investors and operators. Our audience is extremely targeted - over half are accredited investors who've made at least one angel investment.
Quick look:
| Metric | Value |
|---|---|
| Subscribers | 644 |
| Average open rate (last 4 weeks) | 67.1% (vs 31% business & finance average) |
| Average CTR (last 4 weeks) | 7.05% (vs 2.8% business & finance average) |
90% US, 10% international, spanning 23 countries
Top states: Texas 38%, California 8%, Colorado 7%, Virginia 5%, New York 5% (of US subscribers)
Based on 525 of 636 subscribers with location data (83% coverage). Internal team accounts excluded.
| Metric | Value |
|---|---|
| Deals featured | 233 |
| Networks tracked | 118 |
| Exclusive deals shared (actively raising) | 11 |
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The Diligent Observer Exclusive is our premium membership for accredited investors: full deal packages (memo, pitch deck, founder contact, traction, and risks) on angel network deals that are still actively raising, plus deals Andrew sources directly, all live in a private portal before they're announced anywhere else. Learn more and join.
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For the full quarterly breakdown, see our Angel Network Pulse reports. Every deal we've featured is searchable in the live Angel Network Investment Tracker.
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