The goal of Investor School is to share knowledge from Y Combinator to help people become effective angel investors and avoid common pitfalls.

Investor School is a four-day course teaching the basics of startup investing, held for the first time at Y Combinator in Mountain View.

The application for Startup Investor School opens on Thursday, and interested individuals should visit investor.startupschool.org to apply.

The course aims to create thoughtful angel investors who make informed decisions and build better relationships with the companies they invest in, and I invest when I get excited about a company, believing I can always help because I've seen so many companies over my thirteen years of angel investing.

The course is designed for angel investors who are investing their own money and enjoy working with founders, not for professional venture capitalists.

The course will also explain the mechanics of startup investing, including how convertible notes work and the standards for interacting with founders.

It's important for new angel investors to meet with many founders and companies to make educated judgments about investments.

Being a good angel investor requires you to be rigorous, organized, and dedicated, even if you're just dabbling in investments.

To participate in Investor School, you must be an accredited investor, which involves meeting specific income and wealth criteria set by the SEC.