Both Sides of the Table

SEPTEMBER 14, 2010

This is the second article in a series on what it takes to be a great angel investor (and why this should matter to entrepreneurs). And we all know that Ron Conway is considered the savviest of angel investors and yet by definition not all of his investments succeed. Want to do a Q&A website? They count the cards.

Angel Investor 288

Angel Investor Deal Flow Viral Algorithm 288

Startup Professionals Musings

AUGUST 29, 2016

Yet they tend to ignore this problem, and move on quickly to professional investors. They don’t realize that most Angel investors and venture capitalists will also decline to be first, if you have no commitment from friends and family. Demonstrate your own financial commitment and progress. Talking loudly is not enough.

Elevator Pitch 151

Elevator Pitch Exit Strategy Angel Investor Equity 151

www.paulgraham.com

OCTOBER 23, 2010

The distribution of investors should mirrorthe distribution of startups, which has the usual power law dropoff.So One reasonstartups prefer series A rounds is that theyre more prestigious.But if angel investors become more active and better known, theyllincreasingly be able to compete with VCs in brand.

Startup 93

Startup Valuation Non-Compete Deal Flow 93

www.readwriteweb.com

MARCH 7, 2011

Chris McCann is the co-founder of StartupDigest , the members-only guide to the tech startup world. s and Angels such as Jason Calacanis and Dave McClure responded to Roberts and took the opposite stance - McClure and his fund 500startups have done 20-plus deals directly from AngelList and they greatly prefer the ?spray-and-pray?

Technical Review 50

Technical Review Due Diligence Startup Angel Investor 50

Feld Thoughts

AUGUST 2, 2010

This prompted me to write a post titled AngelList Boulder and Some Thoughts on Seed Investing where I promised to write up some of my thoughts on how and why VCs could be good seed investors. They are: Fred Wilson: Lead Investors, Dipshit Companies, and Funding Every Entrepreneur.

Angel Investor 152

Angel Investor Cofounder Syndicate Syndication 152

Professor VC

APRIL 1, 2010

One comment made by Jason was that angels tend to be less sensitive than VCs on valuation and can potentially make it difficult to get a venture financing done at acceptable valuation. While this may certainly be the case with unsophisticated angels (much less of these now) or in cases with no lead investor, Id argue the opposite.

Term Sheet 32

Term Sheet Angel Investor San Jose Venture Capital 32

Hippoland

JANUARY 4, 2017

Lawyers can charge as much as $10k-$30k (in the US) to draft and execute the legal docs for an equity round, and traditionally, founders are responsible for paying for this as well as investors’ legal costs! Usually, an equity round is kicked off by a “lead investor”. Convertible securities are not loans.

Convertible Security 48

Convertible Security Equity Security Silicon Valley 48

View from Seed

AUGUST 26, 2015

And although this is written for angel investors, I think entrepreneurs can only benefit by increasing their knowledge around these investors and hope you’ll continue reading if that’s you. They also want to help founders and want their products and services to exist. Outcomes in angel investing exhibit a power law.

Technical Review 120

Technical Review Angel Investor Software Review Silicon Valley 120

View from Seed

AUGUST 26, 2015

And although this is written for angel investors, I think entrepreneurs can only benefit by increasing their knowledge around these investors and hope you’ll continue reading if that’s you. They also want to help founders and want their products and services to exist. Outcomes in angel investing exhibit a power law.

Technical Review 120

Technical Review Angel Investor Software Review Silicon Valley 120

Gust

DECEMBER 27, 2012

The second reason is that investors want to know that YOU believe in your own startup…and the best way for you to demonstrate that is to show that you have personally put your own money where your mouth is. Your goal in all this is to try to find a lead investor. He or she will be your primary champion, and often mentor.

Software Review 164

Software Review Term Sheet Technical Review Angel Investor 164

Duct Tape Marketing

FEBRUARY 20, 2014

Five Ways You’re Not Going To Get An Investor For Your Startup written by Guest Post read more at Small Business Marketing Blog from Duct Tape Marketing Thursday is guest post day here at Duct Tape Marketing and today’s guest is Weston Bergmann – Enjoy! There are a lot of ways to attract an angel investor to your startup.

Kansas City 69

Kansas City Due Diligence Arizona Kansas 69

SoCal CTO

SEPTEMBER 8, 2010

Before I get into the details for founders, let me talk about options-hungry employees. How I Think About Seed Investing As A VC - Feld Thoughts , August 2, 2010 Last week saw an explosion of discussion around seed investing, including plenty of negative comments around VCs as seed investors. Do it because you love small teams.

Startup 191

Startup CTO Hire Cofounder Venture Capital 191

View from Seed

MAY 29, 2019

Early seed funds and super-angels typically wrote $250-$500K checks, and rounds of $2–3M would be composed of 3–4 funds collaborating together along with a handful of angels. These funds would regularly share deal flow with one another and could share the work in supporting founders and helping to push the company forward.

Syndicate 267

Syndicate Syndication Cofounder Cap Table 267

www.paulgraham.com

APRIL 28, 2010

When youhear people talking about a successful angel investor, theyre notsaying "He got a 4x liquidation preference." Mechanics Angel investors often syndicate deals, which means they join togetherto invest on the same terms. In a syndicate there is usually a"lead" investor who negotiates the terms with the startup.

Angel Investor 63

Angel Investor Syndicate Syndication Dilution 63

Business Plan Blog

DECEMBER 26, 2013

10 Steps to Success With Angel Investors. Raising funds from business angels may be difficult, time consuming and even frustrating but for the right founder with the right project it may be the preferred option. The individual is likely to be the lead investor in the venture and may join the Board of Directors.

Angel Investor 51

Angel Investor Due Diligence Pre-Money Valuation Angel Groups 51

mashable.com

NOVEMBER 2, 2011

Facebook Co-Founder’s Startup Asana Launches Publicly. Joshua Baer is the co-founder and CEO of Otherinbox , a prolific angel investor and the director of Capital Factory , Austin’s seed-stage incubator. AngelList is an online community that matches startups with investors to streamline the fundraising process.

Social Media 80

Social Media Startup Angel Investor RSS 80

Professor VC

JANUARY 20, 2009

Ill share a few points about how we were successful, but most of the credit goes to Benjamin Wayne , founder and CEO of Fliqz, a passionate, strategic and tactical executive. This brought in a new set of prospective investors and required a lower investment from the lead investor as our existing investors were committed and on board.

Venture Capital 28

Venture Capital Silicon Valley San Jose Bootstrapping 28

Both Sides of the Table

MARCH 6, 2011

I was hanging out the other day with my buddy Jody Sherman, founder & CEO of EcoMom. I was an angel investor in his company, made a bunch of calls on his behalf and then I personally sent it out on AngelList. Q&A with Babak Nivi and Naval Ravikant, founders of AngelList. Through this process he raised $2 million.

Valuation 292

Valuation Deal Flow Lead Investor Cofounder 292

David Teten

FEBRUARY 3, 2014

Annual Deal Pipeline for Selected VCs and Angel Investor Groups. Acquirer/ Investor. Angel groups using Gust. However, we believe in looking at companies first and evaluating them against the thesis the founders articulate, vs. going in with a thesis and looking for companies that fit the thesis. 2009) [ii].

Private Equity 114

Private Equity Venture Capital Technical Review Equity 114

Austin Startup

MAY 17, 2017

At a minimum, the lead investor(s) of the round get Board seats; although they shouldn’t get Board control. Advisors often times are angel investors as well. Most angel investors writing small checks are buying the right to a small portion of the Company, and that’s it. They just advise. Take it seriously.

Seed Stage 48

Seed Stage Startup Cap Table Angel Investor 48

Gust

SEPTEMBER 13, 2011

When we originally conceived of a single platform tying together the world’s entrepreneurs, angel investors, venture capitalists and supporting organizations , it quickly became apparent that the biggest challenge had nothing to do with technology.

Angel Investor 79

Angel Investor Silicon Valley Venture Capital Finance 79