The Role of Angel Groups Going Forward

This is going to be BIG.

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. In a world where startups can pick up 750k in from just a couple of seed funds, or crowdsource a bunch of angels sight unseen, what's the role of an angel group? An angel belonging to a group could find more dealflow.

2012 Valuation Survey of Angel Groups

Gust

This summer I conducted our third annual survey of the pre-money valuation of pre-revenue companies recently funded by angel groups in North America. Access to our 2010 and 2011 surveys can be found at 2011 Valuation Survey of North American Angel Investor Groups. We received data from thirty groups of the fifty angel groups from whom we requested data. We asked each group for their median (middle) pre-money valuation of pre-revenue deals.

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What are the top VC firms and angel groups in Seattle/Portland/Vancouver (or Pacific Northwest area)?

Gust

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/ ). Eastern Idaho Angel Group – Rexburg, ID ( [link] org/idah… ).

How Crowdfunding is Affecting Angel Group Investment

Business Plan Blog

How Crowdfunding is Affecting Angel Group Investment. government’s long standing restrictions on fundraising has given life to a new type of financing called crowdfunding that allows Angel and other early stage investors to quickly assemble a group of investors over the internet. Individuals select how much they are willing to contribute and the leaders of the group will determine which individuals to accept or not.

CTAN is the Most Active Angel Group Nationwide

SiliconHills

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. Austin Central Texas Angel Network CTAN Halo Report Silicon Valley Bank Texas

Atlanta Angel Group Makes First Investment Outside Atlanta

Austin Startup

Atlanta Technology Angels (ATA) today announced it has joined Cowtown Angel Network, Central Texas Angel Network and Golden Seeds in a $3 million investment in Austin-based Wisegate. Enterprise ATA CTAN wisegate

2011 Valuation Survey of North American Angel Groups

Gust

During the summer of 2010, I developed a workshop, A New ACEF Valuation Workshop for Angels and Entrepreneurs. 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). Boise Angel Alliance.

Do Angel Groups Belong in Heaven or Hell?

Professor VC

I have always admired the Dead's biz model (sorry Friendster/MySpace/Facebook, The Dead was the First Social Network) and music, although I never became a full fledged Deadhead. 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. angel groups Grateful Dead

Are Angel Groups Hiding Foxes in Henhouses?

Up and Running

If you read this blog regularly, then you know I’m a member of an angel investor group ( Willamette Angel Conference ) and a fan of angelsoft.net , which our group, and hundreds of others, uses to manage the process. Still, I was quite concerned the other day to read the fox-in-henhouse problem posted in a very well-written and thoughtful post called 11 Lessons I Learned Raising Venture Capital : “Be wary of angel networks.

Should Angels break free from angel groups ?

Fred Destin

I hear a lot of commentary in the Boston area about how VC's have needed to replace angels in seed rounds. Angel groups in the Boston area are a force. Entrepreneurs complain loudly about angel groups. The experience leaves a sour taste for many, and the complexity of dealing with the groups requires dedication and even expertise in navigating what is perceived to be a tortuous process.

Find an Angel Investor, Without Going Through Hell

Startup Professionals Musings

If your startup is looking for an angel investor, it makes sense to present your plan to flocks of angels, and assume that at least one will swoop down and scoop you up. The challenge is to find the right angel for your, and for your situation. Here are some basic principles: Angels invest in people, more often than they invest in ideas. Angel investors are people too. But now to answer one of the most common questions I get “How do I find angel investors?”

CTAN is the Most Active Angel Network in the Country

SiliconHills

The Central Texas Angel Network, known as CTAN, is once again one of the most active angel investment networks in the country, by number of deals done in 2016, according to the 2016 HALO report. The Angel Resource Institute, along with PitchBook, released the annual report last week. In 2016, the most active angel groups […] The post CTAN is the Most Active Angel Network in the Country appeared first on SiliconHills.

Texas 75

A Network Visualization Of Austin Startup Investments

Austin Startup

Continuing to help professionals navigate their community — and satisfying our own curiosity into these growing and emerging tech hubs — we mapped all Austin startup investments by VCs, angels, and incubators or accelerators, for your viewing pleasure. Businesses receiving funding from the most angel investors includes Outbound Engine, ClearBlade, OwnLocal, WP Engine, and LookNook. You’ve probably read about Austin’s startup scene by now.

The Qualities of a Leader - Startups and angels: Along the way to.

Tim Keane

Startups and angels: Along the way to success. By Tim Keane, Angel Investor, Golden Angels Investors, LLC. I'm in Dublin this week and was at the Halo Business Angel Network meeting on Monday evening. They're an impressive group, kind of an association of all of the angel groups in Ireland who work together to achieve results. I'm in Dublin this week and was at the Halo Business Angel Network meeting on Monday evening.

Being The Best You Can Be - Startups and angels: Along the way to.

Tim Keane

Startups and angels: Along the way to success. By Tim Keane, Angel Investor, Golden Angels Investors, LLC. 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.  Angels and Advisors. Angel Capital Association website. Wisconsin Angel Network Find Information about all of the networks in Wisconsin here!

Democratization of Angel Investing

Professor VC

I had a conversation recently with Alex Mittal, Co-founder and CEO of FundersClub (FC) and decided to revisit my blog post from last fall that was skeptical of crowdfunding for angel investments. Since the provisions of the JOBS Act relating to angel investments by non-accredited investors haven't been finalized yet, these platforms are currently only available to accredited investors, who already have the ability to make angel investments.

How To Get a Job In Venture Capital

VC Adventure

Most cities now have various local tech meetups, pitch competitions, angel groups, etc. Work your network. 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). Here are two posts with some basic networking ideas to get you going ( here and here ).

When should you go for equity financing?

Berkonomics

We’ll call these “inside angels.” Often grouped into formal organizations, these investors are sophisticated, helpful, and connected. Angel investment groups or funds. Angel groups invest from $250,000 to $1,000,000 or more in qualified investments.

Finding The Right Angel Investor For Your New Venture

Startup Professionals Musings

If your startup is looking for an angel investor, it makes sense to present your plan to flocks of angels, and assume that at least one will swoop down and scoop you up. The challenge is to find the right angel for you, and for your situation. Here are some basic principles: Angels invest in people, more often than they invest in ideas. Angel investors are people too. But now to answer one of the most common questions I get “How do I find angel investors?”

8 Tips For Getting Your Startup Right The First Time

Startup Professionals Musings

Excellent detailed resources are everywhere, including a classic book, “ The Startup Checklist ,” by serial entrepreneur and founder of the New York Angels, David S. Networking no longer is primarily a face-to-face serial activity.

Presenting Your Case to Investors is Rarely Free

Startup Professionals Musings

If you are new to the startup space and Angel investing, you probably don’t realize that some groups of Angel investors charge entrepreneurs a fee to pitch to their groups. 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.

If You Can’t Find An Angel Investor, Look Again, Here

Startup Professionals Musings

If your startup is looking for an angel investor, it makes sense to present your plan to flocks of angels, and assume that at least one will swoop down and scoop you up. The challenge is to find the right angel for you, and for your situation. Here are some basic principles: Angels invest in people, more often than they invest in ideas. Angel investors are people too. But now to answer one of the most common questions I get “How do I find angel investors?”

Should Entrepreneurs Pay to Pitch to Investors?

Startup Professionals Musings

If you are new to the startup space and angel investing, you probably don’t realize that some groups of angel investors charge entrepreneurs a fee to pitch to their groups. 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.

Where To Find The Most Angels To Fund Your Startup

Startup Professionals Musings

If your startup is looking for an Angel investor, it makes sense to present your plan to flocks of Angels, and assume that at least one will swoop down and scoop you up. The challenge is to find the right Angel for you, and for your situation. Here are some basic principles: Angels invest in people, more often than they invest in ideas. Angel investors are people too. But now to answer one of the most common questions I get “How do I find Angel investors?”

Equity financing: great for rapid growth startups

Berkonomics

We’ve spoken of financing a young company through friends and family, known as “inside angels.” Often grouped into formal organizations, these investors are sophisticated, helpful, and connected. First, angel investment groups come in all sizes from a few organized angels to large groups of three hundred or more. Angel groups invest from $250,000 to $1,000,000 or more in qualified investments.

Start Here if You are Looking for Angel Investors

Startup Professionals Musings

If your startup is looking for an Angel investor, it makes sense to present your plan to flocks of Angels, and assume that at least one will swoop down and scoop you up. The challenge is to find the right Angel for you, and for your situation. Here are some basic principles: Angels invest in people, more often than they invest in ideas. Angel investors are people too. But now to answer one of the most common questions I get “How do I find Angel investors?”

10 Keys To Making Money By Investing In Entrepreneurs

Startup Professionals Musings

Don’t be fooled by thinking that social networks are hot, so you should invest in the next startup you see in that realm. Join an existing angel investor group. Some of these groups also offer you the option of putting your money into a multiple-startup fund to spread your risk. 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.

6 Actions To Find The Perfect Angel For Your Startup

Startup Professionals Musings

A while back, I outlined “ The 10 Best Sources of Cash to Start Your Business ” for startups, listing angel investors as alternative six. By definition, an angel investor is not an “institutional investor.” Angels are typically high net worth individuals who are investing their own money, for a wide range of motives. So “good” angels are ones with motives that are consistent with what you bring to the table. If you need more, you need VCs or a flock of angels.

10 Action Items to Keep Angel Investors Hovering

Startup Professionals Musings

Every new startup I know dreams of being funded early by one of the 318,000 active Angel investors in the USA alone. 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.

Completing your first capital raise: ten lessons for startups

NZ Entrepreneur

In early 2020, Sutton set up meetings through cold and warm outreach over email, LinkedIn, and networking through angel and tech start-up groups. He got us in front of the Ice Angels and a number of them invested,” Sutton says. “I

VC Firm Creation Versus VC Firm Building

Haystack

Yet, there are things that are in the VC’s control, and Susa is one of a few firms at seed that’s nailed it a short period of time: 1/ Started Out As An Angel Group – The core group started off writing angel checks and enjoyed each other’s company. All of the GPs are relatively young, have active yet non-overlapping networks, and can now apply the last 5 years of learnings into the next decades of investing.

Chad 90

Both sides must be fair in a term sheet negotiation.

Berkonomics

After being an active angel investor for about fifteen years, I realized that many of the discussions I was involved in were virtually identical to ones I’d had many times before. These usually involve a handful of angel investors, and a few entrepreneurs, who all want to build the very best term sheet for their exciting nascent enterprise. Angel investing today is similar to where venture capital investing was in the mid-1980s. By Basil Peters.

5 Ways To Safely Sample The Entrepreneur Lifestyle

Startup Professionals Musings

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. There are many networking groups on FaceBook, LinkedIn, and others social media sites, which can help you increase your odds of finding a match early.

10 Steps To Investing Successfully In New Ventures

Startup Professionals Musings

Don’t be fooled by thinking that social networks are hot, so you should invest in the next startup you see in that realm. Join an existing angel investor group. Some of these groups also offer you the option of putting your money into a multiple-startup fund to spread your risk. 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.

SEC 166

Startup Accelerator The Brandery Opens Applications For 2013

YoungUpstarts

A founding member of the Global Accelerator Network, the Brandery has been ranked as one of the top accelerators in the United States by the Kellogg School of Management/Kauffman Fellows/Tech Cocktail rankings. The Brandery provides each company with $20,000 in seed money, training sessions with other entrepreneurs and industry experts, and networking with more than 60 mentors who work with startups to provide insights and help grow each idea into an investable, scalable product.

Ohio 146

Entrepreneurs Due Diligence on Investors Is Smart

Startup Professionals Musings

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. Contact peers you have met through networking, both ones who have used this investor, and ones who haven’t. Check track record on the Internet and social networks. Due diligence should always be a two-way street.

HBS Alumni Angels NY new chairman: Jason Klein

David Teten

Klein, CEO of On Grid Ventures , will serve as the new Chairman of Harvard Business School Alumni Angels of Greater NY. I will continue to work closely with the group, while continuing to serve as a Partner at ff Venture Capital. In December 2010, Richard Kane, then-President, Harvard Business School Club of New York , asked me if I’d like to found an HBS alumni-affiliated angel group in NY. about 150 for Golden Seeds in New York, the largest group).

How to Break into a Senior Business Position at a Growing Startup

This is going to be BIG.

If your classmates are running various groups within the kinds of companies these people want to work with, you can be an invaluable resource. If you know that someone from your school or extended network is a lot more senior to you and is seriously influential in a company that lots of startups would want to work with—why not host a meal or event for them to showcase what they’re working on. You’ve got a great resume.

Turn the tables: What’s an angel look like?

Berkonomics

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. Occasionally, an angel is a member of a wealthy family, having little experience managing a business. So how an angel responds to your pitch depends upon his or her background. Networking events are great starting points.

10 Keys To Giving The Right Entrepreneur Your Money

Startup Professionals Musings

Don’t be fooled by thinking that social networks are hot, so you should invest in the next startup you see in that realm. Join an existing Angel investor group. Some of these groups also offer you the option of putting your money into a multiple-startup fund to spread your risk. 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.

How To Test The Startup Lifestyle Before You Commit

Startup Professionals Musings

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, like startup weekends and tech meetups. There are many networking groups on FaceBook, LinkedIn, and others social media sites, which can help you increase your odds of finding a match early.

New Investment Initiative from Launch NY

ithacaVC

Now even more investors can access exciting startup company investment opportunities from the convenience of their laptop or smartphone, as Launch NY has announced that is launching the beta version of the Investor Network. The first one hundred accredited investors to sign up for the beta test of the Investor Network by July 15th at no cost, will have access to the inaugural slate of startup companies seeking funding this summer.

What is a good site or Gmail extension for an angel investor to manage their startup deals?

Gust

When I started my angel investing over a decade ago, there was no such thing as a site to handle the surprisingly-challenging process of keeping track of all the information regarding all the companies with which I was working. Gust (the company I founded) is the online platform used by over 45,000 accredited angel investors and VCs, from over 1,000 angel groups and venture funds, in 74 countries, to manage their startup deals.