Startup Professionals Musings

SEPTEMBER 23, 2010

Over the past 10 years, I have had the opportunity to see how the process works, several times from the startup side, and more recently from the angel perspective (as a member of an angel group selection committee). Reserve the company name on social networks to protect it. Define some intellectual property.

Angel Investor 224

Angel Investor Intellectual Property Technical Review Elevator Pitch 224

Gust

SEPTEMBER 27, 2014

Investor profiles on the platform are created by the investors themselves, and tell you exactly who the group’s leaders are, and what they are looking for. There’s no use banging your head against a VC’s door with a social network venture if they only invest in biotech companies.

Angel Groups 159

Angel Groups Elevator Pitch Software Review Deal Flow 159

Gust

OCTOBER 20, 2011

Diversification across industry sectors is not as easily achieved for angels as could be accomplished in public markets, but can be achieved by co-investing with trusted angel colleagues in a broader set of businesses. A local network of angels is critical to achieving a diversified portfolio.

Valuation 146

Valuation Pre-Money Valuation Intellectual Property Technical Review 146

David Teten

FEBRUARY 2, 2012

Organizations like Worldwide Investor Network and the US-Israel Business Council are helpful in this area. Here’s a win-win way to address this: recruit a team of students who would attend these events and publish their transcripts/videos, so that everyone learns more and faster and can network more easily.

Government 146

Government Technical Review New York Offshore 146

Up and Running

JULY 29, 2019

Angel investors often focus on local markets, specific industries, and affinities such as college or university alumni. Your search should include looking for angel groups related to the college or university from which you graduated; your town, or state; and the industry you’re in. . Use web search.

Angel Investor 119

Angel Investor Venture Capital Technical Review Software Review 119

VC Adventure

FEBRUARY 7, 2019

Most cities now have various local tech meetups, pitch competitions, angel groups, etc. Work your network. Most people are terrible networkers. They treat networking transactionally and they are always looking to take from their networks vs. give to them (good networkers adhere to the #givefirst mentality).

Venture Capital 103

Venture Capital Seed Stage Angel Groups Portfolio 103

Startup Professionals Musings

OCTOBER 18, 2015

Most Angel groups and VCs advertise the startups they have recently funded, with pointers to startup websites, sometimes including open positions. Kick your networking up a notch. Every geographic area has entrepreneur networking activities, such as startup weekends and tech meetups.

Technical Review 120

Technical Review Entrepreneur Stock Options Silicon Valley 120

Up and Running

AUGUST 19, 2014

The type of deals and industries they invest in, the company stages, and the amount they invest depends on the individual or angel group. I have pitched to hundreds of angel investors over the years as a result of co-founding two tech companies and raising just shy of $1M in angel capital. . - Tweet This Tip.

Angel Investor 161

Angel Investor Technical Review Due Diligence Startup 161

This is going to be BIG.

MARCH 1, 2013

This week, I spoke to one of the longest running and most active angel groups in the country, the New York Angels. Luckily for all of us, including the New York Angels themselves, the ecosystem has bloomed. An angel belonging to a group could find more dealflow. For entrepreneurs, it's quite the same.

Angel Groups 135

Angel Groups Angel Investor Aggregator New York 135

Gust

DECEMBER 11, 2013

The Pacific Northwest has some of the best and most active angel groups in the country (and I say that coming from New York!) Check out: Alliance of Angels - Seattle, WA ( [link] els.com/ ). Bellingham Angel Group - Bellingham, WA ( [link] els.com/ ). Boise Angel Alliance – Boise, ID ( [link] iance.com/ ).

Angel Groups 150

Angel Groups Seattle Portland Idaho 150

Startup Professionals Musings

MAY 4, 2016

Networking no longer is primarily a face-to-face serial activity. Angel groups, accelerators, and incubators are pervasive. Early customer feedback will position your solution, and help you make pivots before critical time and money are lost. The cost of social media done well is low.

Intellectual Property 120

Intellectual Property Startup Angel Groups Social Media 120

Gust

JULY 12, 2012

We finished our first full day at a dinner with Halo , the Northern Ireland Business Angel Network (Alan Watts). Between Northern Ireland and Ireland, I spent nineteen hours in front of audiences, while delivering eight lectures and workshops to one hundred and sixty-two entrepreneurs and one hundred and ninety angel investors.

Community 121

Community Estonia Ireland Finland 121

Gust

OCTOBER 12, 2011

To provide some reference points, I surveyed thirteen angels groups in North American to determine their recent experience in negotiating the pre-money valuation of pre-revenue companies. Because of the interest in the 2010 survey, I decided to survey a larger number of North American angel groups this summer (2011).

Angel Groups 125

Angel Groups Valuation Pre-Money Valuation St. Louis 125

NZ Entrepreneur

DECEMBER 10, 2020

In early 2020, Sutton set up meetings through cold and warm outreach over email, LinkedIn, and networking through angel and tech start-up groups. Ice Angels chair Michael Murphy liked what StockTrim were doing and was happy to become chair of StockTrim’s board of directors and become one of the first investors. “He

Technical Review 105

Technical Review Software Review Due Diligence Startup 105

Tim Keane

DECEMBER 14, 2009

  Some angel groups charge you money to pitch your idea to them.    One of the dangers of taking investment from individual angels, rather than through an angel group or investment firm, is that they have less reputation to protect.    Good angel groups, too. 

Burn Rate 60

Burn Rate Angel Groups Seed Stage Startup 60

Berkonomics

JUNE 26, 2014

Angel investors, particularly those in organized angel groups, are typically former entrepreneurs who have had successful liquidity events in their pasts, or executives of companies who’ve retired with the funds from their stock options. Networking events are great starting points. Do you know any people in common?

Liquidity Event 76

Liquidity Event Technical Review Due Diligence Angel Groups 76

Startup Professionals Musings

MARCH 16, 2022

AngelList has featured over 3 million businesses for potential investors in a format that is, effectively, a social network for entrepreneurs and angels. This one claims to be the world’s largest single angel investor network, with 3000 accredited investor members throughout 52 chapters on 3 continents. Keiretsu Forum.

North America 337

North America Accredited Investor Angel Investor Angel Groups 337

View from Seed

AUGUST 26, 2015

There are a lot of options to expand your deal sourcing, like AngelList, syndicates, angel groups, etc. Unless you have an incredible network, don’t think the opportunities that just show up in your inbox are likely to be very good. Talk to people and get their POV. I’m not that dogmatic here.

Technical Review 120

Technical Review Angel Investor Software Review Silicon Valley 120

View from Seed

AUGUST 26, 2015

There are a lot of options to expand your deal sourcing, like AngelList, syndicates, angel groups, etc. Unless you have an incredible network, don’t think the opportunities that just show up in your inbox are likely to be very good. Talk to people and get their POV. I’m not that dogmatic here.

Technical Review 120

Technical Review Angel Investor Software Review Silicon Valley 120

Startup Professionals Musings

FEBRUARY 24, 2014

Although relatively new, AngelList already has featured over 42,000 businesses and provided over 28,000 introductions to potential investors in a format that''s, effectively, a social network for entrepreneurs and Angels. New England Investment Network. Angel Capital Association (ACA). Keiretsu Forum. Marty Zwilling.

North America 289

North America Rhode Island Accredited Investor Angel Investor 289

Tim Keane

OCTOBER 8, 2008

Last week, our angel group reviewed a business with an online lie detector technology.  Last week, our angel group reviewed a business with an online lie detector technology.  Angel Capital Association website. Wisconsin Angel Network Find Information about all of the networks in Wisconsin here!

Technical Review 60

Technical Review Due Diligence Angel Groups Wisconsin 60

This is going to be BIG.

OCTOBER 5, 2012

Your team does a good job hustling around to find good teams, but the reality is that your dealflow is more dependent on your network than it is any kind of objective criteria. Angel groups started dropping their application fees or making them minimal. I just happened to have a pretty sizable network in NYC and online.

LP 97

LP Venture Capital Technical Review Nebraska 97

Startup Professionals Musings

JANUARY 20, 2013

The format is more social networking in nature, and they also will soon provide a recruiting portal for crowdfunding with unaccredited investors, now that the US JOBS Act has been passed. New England Investment Network. Angel Capital Association (ACA). Keiretsu Forum. Marty Zwilling.

Angel Investor 270

Angel Investor North America Rhode Island Accredited Investor 270

Startup Professionals Musings

FEBRUARY 15, 2012

Jason Calacanis, a well-known entrepreneur and Angel investor, opened the debate a while back in a strongly-worded article on his blog which attacked the practice on ethical grounds, and called out popular Angel groups charging fees ranging from several hundred dollars to $5,000 or more. Others , including noted Angel David S.

Angel Groups 237

Angel Groups Angel Investor Due Diligence Seed Stage 237

Startup Professionals Musings

DECEMBER 13, 2010

Jason Calacanis, a well-known entrepreneur and angel investor, opened the debate about a year ago in a strongly-worded article on his blog which attacked the practice on ethical grounds, and called out popular angel groups charging fees ranging from several hundred dollars to $5,000 or more. Find and fix that first.

Angel Groups 234

Angel Groups Entrepreneur Angel Investor Due Diligence 234

SiliconHills

OCTOBER 22, 2013

Texas had 11 percent of all angel group deals in the second quarter of this year, according to the latest Halo Report. When angels co-invest with other types of investors the media […] The post CTAN is the Most Active Angel Group Nationwide appeared first on SiliconHills.

Angel Groups 82

Angel Groups Pre-Money Valuation Silicon Valley Texas 82

Startup Professionals Musings

JUNE 14, 2019

AngelList has featured over 3 million businesses for potential investors in a format that is, effectively, a social network for entrepreneurs and angels. This one claims to be the world’s largest single angel investor network, with 3000 accredited investor members throughout 53 chapters on 3 continents. Keiretsu Forum.

Angel Investor 241

Angel Investor North America Accredited Investor Angel Groups 241

Startup Professionals Musings

DECEMBER 24, 2012

But many entrepreneurs don’t realize that Angels are also extremely discerning in the projects that they will invest in, rejecting approximately 97% of the proposals submitted to them, according to the California Investment Network. Reserve the company name on social networks to protect it. Define some intellectual property.

Angel Investor 260

Angel Investor Intellectual Property Elevator Pitch Angel Groups 260

David Teten

DECEMBER 3, 2019

But, most of use raise capital and source deals the same way people looked for dates 20 years ago: by networking at conferences (or bars). . A major angel group uses Influitive , an advocate management tool, to track, activate and motivate their members. Deer Isle Group has built the D.I.G.

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

Growthink Blog

JUNE 28, 2010

They, however, are both professional investors and technologists, and deeply networked into the core U.S. angel investor deal community - namely Silicon Valley. Joining an Angel Group. Increasingly in recent years, there have sprung up angel investor networking groups around the country.

Private Equity 63

Private Equity Technical Review Silicon Valley Los Angeles 63

Growthink Blog

JUNE 28, 2010

They, however, are both professional investors and technologists, and deeply networked into the core U.S. angel investor deal community - namely Silicon Valley. Joining an Angel Group. Increasingly in recent years, there have sprung up angel investor networking groups around the country.

Private Equity 63

Private Equity Technical Review Silicon Valley Los Angeles 63

This is going to be BIG.

NOVEMBER 1, 2016

So if you're a super early stage with just a prototype, you might not think that a VC fund is the right fit for you--so you wind up at an angel group. The founder I just spoke to pitched Golden Seeds, for example, a group of experienced professionals that specializes in female founders. It's not that straightforward.

Founder 60

Founder Angel Groups Cofounder New York City 60

Startup Professionals Musings

FEBRUARY 11, 2012

Of course, you need to listen for biases, but local angel group leaders can quickly tell you who the bad angels and good angels are, and what kind of terms they typically demand. Network with other entrepreneurs. Check track record on the Internet and social networks.

Due Diligence 241

Due Diligence Entrepreneur Offshore Angel Groups 241

Austin Startup

JUNE 27, 2017

The angels that were investing in Austin during this time period also got caught in the Dot Com boom and bust cycle. With the sting of losses so fresh, much of the angel activity dried up in the early 2000s, but it restarted with the launch of Central Texas Angel Network in 2006 and Capital Factory opening its doors in 2009.

Venture Capital 54

Venture Capital Austin Texas Private Equity 54

Steve Blank

APRIL 7, 2011

I gave a keynote on entrepreneurship to MPowered , the student Entrepreneurship Organization, spoke on a panel on Entrepreneurship and the Aerospace Industry, and gave another keynote at the Ann Arbor New Tech Meetup and A2Geeks , the regional startup network. You see it in the existing angel groups and VC’s.

Michigan 315

Michigan Silicon Valley Venture Capital Incubator 315

Startup Professionals Musings

NOVEMBER 3, 2010

Of course, you need to listen for biases, but local angel group leaders can quickly tell you who the bad angels and good angels are, and what kind of terms they typically demand. Network with other entrepreneurs. Check track record on the Internet and social networks.

Due Diligence 224

Due Diligence Offshore Angel Groups Matching 224

Startup Professionals Musings

JUNE 6, 2022

Angel investment amounts per startup per investor usually range from $25K to $250K. These may be aggregated by an angel group up to about $1M for an angel round. Diversify your total investment across several startups. Do your homework before investing.

Liquidity Event 300

Liquidity Event Angel Investor SEC Accredited Investor 300