Startup Professionals Musings

JUNE 5, 2015

New crowd funding platforms on the Internet, like Kickstarter and IndieGoGo , as well as the Jobs Act of 2012 , are expected by many to ramp up regular people’s ability to fund new opportunities and kill the need for angel groups. Rose, according to his recent book, “ Angel Investing.” Neither does David S.

Angel Investor 120

Angel Investor Angel Groups Accredited Investor IRR 120

David Teten

SEPTEMBER 4, 2020

s founder is David Teten , previously a Partner with HOF Capital and ff Venture Capital and a serial fintech entrepreneur with 2 exits. David is also Founder of HBS Alumni Angels of NY , the largest angel group on the East Coast. For more on the firm’s core theses, see investment theses. .

New York 60

New York Venture Capital Technical Review Due Diligence 60

NZ Entrepreneur

DECEMBER 10, 2020

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 He got us in front of the Ice Angels and a number of them invested,” Sutton says. “I He found many private investors were interested in him as much as StockTrim.

Technical Review 103

Technical Review Software Review Due Diligence Startup 103

David Teten

JUNE 10, 2020

SOP’s founder is David Teten , previously a Partner with HOF Capital and ff Venture Capital and a serial fintech entrepreneur with 2 exits. David is also Founder of HBS Alumni Angels of NY , the largest angel group on the East Coast. For more on the firm’s core theses, see investment theses. .

New York 60

New York Venture Capital Technical Review Due Diligence 60

Startup Professionals Musings

DECEMBER 2, 2013

I’m on the selection committee of our local Angels group, so I know that every CEO approaching our group for funding goes through ten minutes of creative “dancing,” to give us a basis for selecting startups that are most qualified and “ready” to proceed to the next level.

Technical Review 246

Technical Review Entrepreneur Angel Groups Audience 246

David Teten

NOVEMBER 23, 2020

One of the impact initiatives I’m proudest of is founding Harvard Business School Alumni Angels of New York , a nonprofit and now the East Coast’s largest angel group. When we launched in 2010, I saw a white space: a burgeoning NY tech ecosystem, but only one angel group regularly writing checks. Why is that?

Venture Capital 60

Venture Capital Partner Technical Review Cofounder 60

Startup Professionals Musings

MAY 4, 2016

But for founders who do their homework, the cost of entry is lower and the opportunity is higher than ever. Excellent detailed resources are everywhere, including a new book, “ The Startup Checklist ,” by serial entrepreneur and founder of the New York Angels, David S. Angel groups, accelerators, and incubators are pervasive.

Intellectual Property 120

Intellectual Property Startup Angel Groups Social Media 120

Startup Professionals Musings

AUGUST 13, 2011

I’m on the selection committee of our local angels group, so I know that every CEO approaching our group for funding goes through ten minutes of creative “dancing,” to give us a basis for selecting startups that are most qualified and “ready” to proceed to the next level.

Technical Review 230

Technical Review Entrepreneur Angel Groups Audience 230

Startup Professionals Musings

OCTOBER 18, 2015

Founders stock, and stock options, will be worth nothing for the first several years, if not forever. Most Angel groups and VCs advertise the startups they have recently funded, with pointers to startup websites, sometimes including open positions. Typically you can browse them by region or technology to find founders.

Technical Review 120

Technical Review Entrepreneur Stock Options Due Diligence 120

Startup Professionals Musings

OCTOBER 17, 2012

I’m on the selection committee of our local Angels group, so I know that every CEO approaching our group for funding goes through ten minutes of creative “dancing,” to give us a basis for selecting startups that are most qualified and “ready” to proceed to the next level.

Technical Review 223

Technical Review Startup Angel Groups Audience 223

Gust

SEPTEMBER 27, 2014

I am continually surprised at founders who spend ten minutes throwing up a barebones profile and are dismayed that money doesn’t start flowing in. 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.

Angel Groups 159

Angel Groups Elevator Pitch Software Review Deal Flow 159

Startup Professionals Musings

NOVEMBER 4, 2011

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). If the founders are not experienced, find a couple of advisors from the business sector to fill the gap.

Intellectual Property 249

Intellectual Property Angel Investor Technical Review Elevator Pitch 249

Berkonomics

FEBRUARY 8, 2024

After friends and family… Once a company founder has tapped the funds available from his or her resources and from friends and family, if the company needs more cash for growth, the most obvious next step is to look for money from angel investors and venture capitalists, typically in the $300,000 TO $3,000,000 range.

Cost 62

Cost Covenant Angel Groups Angel Investor 62

View from Seed

AUGUST 26, 2015

I find the best angels tend to do great not because they are fixated on making money but because they want to participate in the startup community and be involved in the most exciting projects. 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

I find the best angels tend to do great not because they are fixated on making money but because they want to participate in the startup community and be involved in the most exciting projects. 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

Professor VC

JULY 7, 2015

During the set break (perhaps influenced by the large amount of second half smoke consumed), I thought about angel groups in relation to the lyrics above, particularly the "you analyze me, pretend to despise me" line. In theory, angel groups are great. A parting thought.

Angel Groups 28

Angel Groups Due Diligence Lead Investor Finance 28

The Startup Magazine

JULY 26, 2017

The company has kept the product in testing, while receiving backing and sign-ups from investors, VCs, Angel Groups, international funds and US universities. Waccal joins the ranks of companies like Angel List and Crunchbase, which aim to democratize and simplify startup investing.

Technical Review 62

Technical Review Community Due Diligence Angel Groups 62

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

David Teten

JANUARY 21, 2021

This essay is part of a series on alternative VC: I: Revenue-Based Investing: a new option for founders who care about control. III: Why are Revenue-Based VCs investing in so many women and underrepresented founders? II: Who are the major Revenue-Based Investing VCs? IV: Should your new VC fund use Revenue-Based Investing?

Equity 78

Equity Revenue Cofounder Colorado 78

Startup Professionals Musings

JUNE 14, 2019

Angel Capital Association (ACA). The ACA is the angel industry alliance, which now includes a directory to more than 275 angel groups and 14,000 individual angels across North America. and the founder of 500 Startups, Dave McClure. Connecting with one of these would be a real coup for your startup.

Angel Investor 241

Angel Investor North America Accredited Investor Angel Groups 241

Austin Startup

JUNE 26, 2019

Many people have reached out sharing knowing and kind words about our journey and choice to wind down our venture, as well as their appreciation for my choice to pull back the curtain on what is statistically a common road for many founders. It details a landscape founders like me are excited to sink their teeth into? Of course not!

Silicon Valley 54

Silicon Valley Startup B2C Sweat Equity 54

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). If the founders are not experienced, find a couple of advisors from the business sector to fill the gap.

Angel Investor 224

Angel Investor Intellectual Property Technical Review Elevator Pitch 224

Gust

JUNE 28, 2014

this is where most Founders drop the ball!). My gut tells me that quarterly is probably too frequent, but semi-annually may be just about right. Make it a point to reach out to them when you need something, including introductions, leads, team members, etc.

Angel Groups 148

Angel Groups Cap Table Term Sheet Valuation 148

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

David Teten

APRIL 29, 2014

In addition, 83% of companies had a racial composition that was entirely Caucasian, while only 12% of founders were Asian and less than 1% of founders were African-American. Conventional Founder Background. Quadrant I : Most VC-backed companies, e.g., Mark Zuckerberg, Founder/CEO, Facebook. Non-Majority Markets.

Venture Capital 114

Venture Capital Los Angeles Cofounder Technical Review 114

Both Sides of the Table

SEPTEMBER 27, 2012

A Strong Pool of Tech Founders – Stating the obvious. My suggestion is to get some of the angel groups – notorious for slow decision-making and hat passing – and pool their money into a small fund structure of say $5-10 million. Think Fred Wilson, Tony Hsieh or Brad Feld. Here are mine: 1.

Community 378

Community San Diego Silicon Valley Los Angeles 378

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

Austin Startup

OCTOBER 19, 2019

delivered inspirational keynotes and led us through workshops, informative chats, and discussion breakout sessions— along with a startup showcase featuring seven women founders. Although she spent her early years studying to become an astronaut, she realized that becoming a founder was her new calling. Foundries North America.

Technical Review 49

Technical Review North America Cleveland Austin 49

David Teten

DECEMBER 3, 2019

A major angel group uses Influitive , an advocate management tool, to track, activate and motivate their members. Tim Friedman, Founder, PE Stack , said, “If I could offer one piece of advice to today’s managers, it would be to take the time to understand the demands of the modern institutional LP. 3) Raise capital.

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

Startup Professionals Musings

JUNE 18, 2010

I’m on the selection committee of our local angels group, so I know that every CEO approaching our group for funding goes through ten minutes of creative “dancing,” to give us a basis for selecting startups that are most qualified and “ready” to proceed to the next level.

Technical Review 123

Technical Review Startup Angel Groups Audience 123

Gust

APRIL 23, 2014

Note: The author of this answer is completely biased, as he is the founder and CEO of the aforementioned platform. Gust News angel groups businesses financial industry Gust innovations startups' original post can be found on Quora @ [link] *.

Angel Groups 127

Angel Groups Accredited Investor Private Equity Deal Flow 127

Both Sides of the Table

AUGUST 14, 2009

And a great product starts with the founder. At an angel round you can get away with no market validation. Professional angel associations – This one is the source of much controversy. Some angel groups have a reputation for slow decision making processes and not enough value add.

Silicon Valley 291

Silicon Valley Ireland Technical Review Valuation 291

Up and Running

JULY 6, 2016

I’ll join in the due diligence for my angel group, test for myself, and develop my informed opinion. We want to see those for sure, and we expect good summaries as part of the business plan discussion of product-market mix, or company background (in either section, whichever seems better to the founders).

Technical Review 72

Technical Review Software Review Business Plan Development Team Review 72

David Teten

FEBRUARY 2, 2012

We have four non-US portfolio companies , many of which have or will soon have employees in the US. - Creating angel groups with other alumni organizations, using Harvard Business School Angels as a model , e.g., alumni of major NY schools (Columbia, NYU) and institutions (McKinsey, Goldman Sachs).

Government 146

Government Technical Review New York Offshore 146

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

Austin Startup

JUNE 30, 2017

Background / Related Reading: Founder Education Gatekeepers and Ecosystems What is the purpose of universities? And you can verify from certain founders (not pragmatists) that the right accelerators do deliver on that kind of experience; that the accelerator was “ life changing.” It depends on whom you ask.

Curation 48

Curation Startup Cofounder Equity 48

Gust

JANUARY 22, 2014

This is obviously a softball question that I’ve been Asked to Answer, as I’m the Founder/CEO of Gust. However, in the not-too-distant future, Gust will add support for “un-affiliated” angel investors, provided that they are able to verify their accreditation status and bonfides.

Angel Investor 150

Angel Investor Angel Groups Accredited Investor Early Stage 150