Business Plan Blog

NOVEMBER 13, 2013

The first milestone in a new startup’s financing is called ‘Seed Capital’ which refers to the initial investment raised by the founders from their friends and family, or commonly referred to as FFF (Friends, Family and Founders), who mostly use their personal assets. Convertible Debt Financing. Raising Seed Capital.

Finance 93

Finance Accredited Investor Angel Investor Seed Capital 93

Up and Running

JUNE 2, 2010

Ironically, that 11 Lessons post also recommends “cast a broad net&# when looking for investors, which would seem to contradict the caution about angel groups. Tags: angel investment startup financing angelsoft.net seniorhomes.com Willamette Angel Conference. Image: istockphoto.com).

Angel Groups 60

Angel Groups Seattle .Net Angel Investor 60

Both Sides of the Table

AUGUST 14, 2009

I recently wrote a post on angel financing covering the topic of convertible notes but I realized I was thinking about the issue more from investor perspective and a very narrow topic of how to price the round. This post is for those who want to raise angel money. I’ll make my next posting shorter.

Silicon Valley 291

Silicon Valley Ireland Technical Review Valuation 291

Berkonomics

DECEMBER 17, 2020

Let’s take a few minutes to examine the kind of equity financing available to small or early stage businesses. Angel groups invest from $250,000 to $1,000,000 or more in qualified investments. Some can supply more when syndicating with other such groups. How many angel groups are there?

Equity 62

Equity Finance Liquidity Event Angel Groups 62

The Entrepreneurial Mind

NOVEMBER 10, 2011

The state of small business financing is a bit uncertain these days in terms of both supply and demand. To get the full picture, we need to frame this discussion by understanding how unimportant securing new financing is to small businesses in the current economic conditions. They charge a small fee only when a loan is secured.

Finance 76

Finance Small Business SBA Angel Groups 76

The Startup Magazine

OCTOBER 19, 2018

Without the proper knowledge of how to get funded and which type of financing is right for you, you won’t know where to go or who to ask. While angel investors are similar to venture capitalists, they work with smaller companies and have a less business-like approach to funding. Funding Options. Private Funding. Crowdfunding.

Angel Investor 111

Angel Investor Initial Public Offering Angel Groups Venture Capital 111

Gust

APRIL 23, 2014

When you realize that the platform operates in half a dozen languages and has investors or entrepreneurs in over 200 countries engaging in both local and cross-border investments, you can begin to see the outlines of the future of finance. Gust News angel groups businesses financial industry Gust innovations startups'

Angel Groups 127

Angel Groups Accredited Investor Private Equity Deal Flow 127

Up and Running

JULY 2, 2014

We even won $65,000 from an angel investor pitch competition in the form of a convertible note. That is, until one very savvy investor from the interested angel group asked for a copy of our operating agreement. Have they worked with companies who have raised multiple rounds of financing to start or grow?

Technical Review 118

Technical Review Angel Investor Due Diligence Dilution 118

Both Sides of the Table

APRIL 13, 2011

There was a lot of consumer internet activity again…resurgence of things, but it was still mysterious, venture capital was still kind of closed, 1st time entrepreneurs had a lot of questions that were unanswered, and there was still some sort of hand waiving around all the financing stuff and so we took it on….”. Some Angel groups endorse it.

Technical Review 288

Technical Review Venture Capital Silicon Valley Software Review 288

Up and Running

JUNE 25, 2014

Hopefully I’ll be able to add some value with some of the financing needs that your businesses may need. Then we look at what the small business financing needs. “How do I tackle my financing needs as a startup?” I think there is a process where you can participate via Twitter, or ask questions.

Small Business 89

Small Business SBA Finance Bankruptcy 89

Gust

SEPTEMBER 13, 2014

Access to many, many more world market centers (advertising, finance, fashion, media, food, etc.). Believe it or not, more organized angel groups (although not individual angels). The world’s fastest growing tech startup ecosystem. The world’s largest Tech Meetup (not to mention Meetup.com itself).

New York City 150

New York City Silicon Valley New York Angel Groups 150

Gust

JANUARY 22, 2014

Gust is the infrastructure that underlies much of the professional world of early stage finance. The answer, of course, is Gust —because that’s exactly the purpose behind the platform!

Angel Investor 150

Angel Investor Angel Groups Accredited Investor Early Stage 150

Up and Running

AUGUST 21, 2014

Small Business Administration (SBA) may also be able to offer assistance through loan financing, bond guarantees or by helping you find venture capital. Assembling investors is another useful option if you need more in the bank, as venture capital groups or angel groups can provide extra leverage.

Security 154

Security Venture Capital Angel Investor Small Business Administration 154

Berkonomics

APRIL 20, 2023

The Angel Capital Association recently published a study contributed to by several of my friends quoting that seventy percent of investments made by angel investors to date return less than the amount invested – upon a sale or closing of the business – the great majority of these outright losses as businesses die.

SBA 62

SBA Angel Investor Early Stage Liquidity Event 62

David Teten

JULY 3, 2013

Empire Angels is a member-led New York City based angel group of young finance professionals which seeks to invest in and support early stage technology ventures with a focus on young, US based entrepreneurs.

Angel Investor 114

Angel Investor New York Accredited Investor New York City 114

Berkonomics

MARCH 9, 2017

The Angel Resource Institute (ARI) recently published a study conducted by well-respected Rob Wiltbank, quoting that seventy percent of investments made by angel investors to date return less than the amount invested – upon a sale or closing of the business – the great majority of these outright losses as businesses die.

Angel Investor 106

Angel Investor Angel Groups Liquidity Event Early Stage 106

David Teten

JULY 3, 2013

Empire Angels is a member-led New York City based angel group of young finance professionals which seeks to invest in and support early stage technology ventures with a focus on young, US based entrepreneurs.

Angel Investor 114

Angel Investor New York Accredited Investor New York City 114

Scott Edward Walker

APRIL 9, 2012

Introduction We are in the golden age of seed financing. Venture capital funds, seed funds, super angels, angel groups, incubators, and “friends and family” are all playing the seed financing game and investing early in startups in an attempt to land the next Facebook. What is a Convertible Note? price the round).

Preferred Stock 87

Preferred Stock Finance Common Stock Liquidation Preference 87

Gust

JANUARY 22, 2014

Gust is the infrastructure that underlies much of the professional world of early stage finance. The answer, of course, is Gust —because that’s exactly the purpose behind the platform!

Angel Investor 89

Angel Investor Angel Groups Accredited Investor Early Stage 89

Berkonomics

MAY 15, 2014

Just a few of these terms include vesting, corporate structure, governance principles, financing strategy, valuation and exit strategy. Angel investing is rapidly evolving to the same state of development, as a result of networking, industry associations, and deal sharing between angel groups.

Term Sheet 91

Term Sheet Angel Groups Angel Investor Deal Structure 91

Austin Startup

MARCH 4, 2019

This panel of leaders in the impact investing space will explore what impact means to a variety of different investors and describe how fund structures, financing instruments, and corporate form can help advance environmental, social, and governance goals in addition to profit. How will crowdfunded investments impact your portfolio?

Silicon Valley 50

Silicon Valley Technical Review Texas Venture Capital 50

Gust

JANUARY 4, 2012

Entrepreneurs: if you’re looking seriously at angel investment, and you have the kind of product-market fit and management experience investors will like, you need to take a good look at convertible notes. I’d suggest you start with Fred Wilson’s Financing Options: Convertible Debt , one of his MBA Mondays series on his AVC blog.

Angel Investor 114

Angel Investor Valuation Angel Groups Equity 114

Feld Thoughts

AUGUST 28, 2015

My answer was simple – I would have given the early seed investors some percentage of the company as part of the financing. Given the amount raised, the new financing, and the cap, I would have asked the seed investors to waive the terms and instead accept a smaller percentage of the company than they would have otherwise gotten.

Cap Table 70

Cap Table Seed Stage Angel Groups Dilution 70

Tim Keane

JANUARY 12, 2010

.   For individual angels and others investing their own money, this may be more fluid than for someone with responsibility for a managed fund. For angel groups, the distinction between groups and VCs on this issue is dwindling, especially as angel groups do bigger rounds of financing.

Term Sheet 68

Term Sheet Valuation Dividend Liquidation Preference 68

Professor VC

MAY 29, 2008

However, that is not always the case as there is no qualification to set out your shingle as an angel investor or form an angel group. I often wonder if saying you are an angel investor is the 21st century version of being a consultant in the early 1990s after the corporate layoffs, a euphemism for someone without a real job.

Angel Investor 28

Angel Investor Angel Groups Accredited Investor San Jose 28

Gust

SEPTEMBER 27, 2012

For example, in most angel groups of which I’m aware, there may be 50-100 potential investors, but only 2-10 potential deal leads (that is, term sheet writers.). It is the latter group that will ultimately make or break your financing round. original post can be found on Quora @ : [link] *.

Term Sheet 101

Term Sheet Angel Groups Finance Naming 101

This is going to be BIG.

MARCH 5, 2014

One thing that I see too many people moving from the finance world doing, both in attempts to get into VC and to startups, is relinquishing the resources they have at their old job. Christina Bechhold didn''t forget that--and so she co-founded her own angel group.

Venture Capital 114

Venture Capital Early Stage Cofounder Angel Groups 114

Growthink Blog

MARCH 12, 2013

Debt Financing Debt financing is a fancy way of saying "loan." In debt financing, the lender (often a bank) gives you funding that you must repay over time with interest. With debt financing, you do not need to give up equity. Most of these angel investors are not members of angel groups.

Angel Investor 114

Angel Investor United States Angel Groups Finance 114

Business Plan Blog

AUGUST 6, 2013

Highlights from angel investing in the last quarter include: The median angel deal size for Q1 2013 reached $680K – up 5% since last quarter and 24% since the same quarter last year. 81% of deals were completed in angel groups’ home states.

Pre-Money Valuation 49

Pre-Money Valuation Angel Groups Angel Investor Valuation 49

Up and Running

JUNE 20, 2013

Let angels know about Gust. Once you get your Gust profile all buttoned up, it’s time to share it with the angel investor groups on Gust. You’ll want to do some research before inviting the angel groups to view your profile. You can learn more about each group through Gust as well. It’s yours for free!

Angel Investor 68

Angel Investor Angel Groups Video Business Plan 68

Gust

DECEMBER 13, 2011

Here are the trends in venture capital financings from 2006 through 2010 – the number of seed stage deals funded and total investment by region in millions of dollars. . For VCs, I chose to look at all seed stage VC deals (from MoneyTree©) as well as those in five of the most active regions in the country. All Seed-VC. Silicon Valley.

Seed Stage 162

Seed Stage Southern California San Diego Silicon Valley 162

Professor VC

JANUARY 27, 2011

It turns out the statistics related to returns were from an oft cited study on returns to investors in angel groups sponsored by the Angel Capital Association with research by Robert Wiltbank at Willamette University. I also teach Entrepreneurial Finance at San Jose State.

Technical Review 31

Technical Review Due Diligence Silicon Valley San Jose 31

Up and Running

APRIL 8, 2013

Angel investments generally refer to contributions of $1M or less and are labeled ‘seed’ investments while venture capital investments are generally labeled as ‘Series A’ and are $2.5M Additional resources on angel groups and venture capital firms are available here and here. or greater.

Equity 82

Equity Covenant Venture Capital Finance 82

Professor VC

JANUARY 17, 2008

What would the VC corollary to Touched by an Angel, be. I was on a panel earlier this week with several other investors from Angel Groups in the Valley. One of my comments was that we would likely see more institutionalization of angel groups and syndication of deals among groups. See you next time.

Pre-Money Valuation 28

Pre-Money Valuation Angel Investor Angel Groups Valuation 28

Gust

DECEMBER 1, 2011

Let’s take a closer look at trends in government grants, angel investment and venture capital financings. Furthermore, with the recent activity of the Super Angels and trends in government grants, angel financings and VC investment, one could conclude that the total US volume of seed/startup investment is increasing.

SBIR 120

SBIR Startup New York City Angel Investor 120

ReadWriteStart

MAY 2, 2012

Getting financing for your startup is rarely easy, but if you approach the wrong investor, you can make it even harder than it has to be. Because they are dealing with money from many investors, VCs generally make larger investments than angels. In general, VCs think bigger than angels. How can there be a ‘wrong investor’?”

Angel Investor 124

Angel Investor Institutional Investors Angel Groups Flash 124

Steve Blank

JULY 1, 2014

a language corporate innovation groups can use to communicate to business units and finance. What’s been missing for everyone is: a common language for investors to communicate objectives to startups. data that investors, accelerators and incubators can use to inform selection. No ambiguity. Clarity is good.

Sacramento 306

Sacramento Framework Customer Development Lean 306