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10 Preparation Steps to Win an Angel Investment

Startup Professionals Musings

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). Remember to aim the content of both of these at investors, not customers.

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What are the most valuable recommendations in order to raise money from VCs connected via Gust?

Gust

At the very least, answer ALL the profile questions, include your company’s logo, create a two-minute elevator pitch video and upload your presentation deck. This includes a private investor message forum for each VC or angel group with which you are engaged, that is devoted just to your company.

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Business Pitch, Elevator Pitch, and the LivePlan Pitch Page: What’s the Difference?

Up and Running

Yes, I’m biased on LivePlan because it’s our product, but I see it used as a business summary now in the programs of several of the most prestigious business plan competitions, and my angel group is now using it to summarize some of the companies that submitted for our annual community event. The elevator speech or elevator pitch.

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Top Ten Action Items For Angel Funding Success

Startup Professionals Musings

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). Remember to aim the content of both of these at investors, not customers.

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10 Action Items to Keep Angel Investors Hovering

Startup Professionals Musings

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. Don’t expect the pomp and celebrity of the Angels on Shark Tank , but they do ask a lot of the right questions.

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Adding Slides Does Not Enhance Your Investor Pitch

Startup Professionals Musings

As a member of the local Angel group selection committee, I’ve seen a lot of startup presentations to investors, and I’ve never seen one that was too short - maybe short on content, but not short on pages! Give the “elevator pitch” for your startup. Even if you have an hour booked, the advice is the same.

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Limit an Investor Pitch to 10 Pages and 10 Minutes

Startup Professionals Musings

As a member of the local Angel group selection committee, I’ve seen a lot of startup presentations to investors, and I’ve never seen one that was too short - maybe short on content, but not short on pages! Give the “elevator pitch” for your startup. Even if you have an hour booked, the advice is the same.