Gust

JULY 12, 2012

On May 2nd and 3rd, I led workshops for about thirty Estonian investors on syndication, due diligence, valuation and the post-investment relationship with entrepreneurs. Over dinner the next day, I assisted these Estonian angels in a screening session of three entrepreneurs who pitched interesting startups.

Community 121

Community Estonia Ireland Finland 121

Gust

FEBRUARY 26, 2014

Leaders and active members of all the major North American angel groups attend this three day conference, along with a large delegation of international business angels. NACO National Angel Summit. The group’s respective web sites list these events.

Angel Investor 125

Angel Investor Global Angel Groups Europe 125

Gust

JANUARY 15, 2014

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. So I had to create one! shameless plug alert.but you asked!].

Angel Investor 70

Angel Investor Belarus Portugal Accredited Investor 70

David Teten

SEPTEMBER 23, 2017

A major angel group used Influitive , an advocate management tool, to track, activate and motivate their members. We use the vendors of PE/VC investing data I list above to track the interests of potential private equity/VC coinvestors, and selectively introduce our companies as I build out a syndicate. .

Private Equity 60

Private Equity Venture Capital Equity Technical Review 60

Berkonomics

DECEMBER 17, 2020

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? All angel groups will want to see the founders in person or by Zoom at sometime early in the process.

Equity 62

Equity Finance Liquidity Event Angel Groups 62

ReadWriteStart

APRIL 13, 2012

According to the just-released Halo Report from the Angel Capital Association and the Angel Resource Institute ( ARI ), founded by the Ewing Marion Kauffman Foundation , "The median size of angel & angel group syndicate rounds was $700,000" last year, up from $500,000 in 2010.

Angel Investor 128

Angel Investor Syndicate Syndication Exit Strategy 128

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

OCTOBER 29, 2014

That’s why one of the best options for you today is to join a local angel investor group, where you will work collegially with 25-250 other investors to hear pitches from companies, do your due diligence homework, and then—if you are interested—pool your money with the others to make meaningful investments.

Accredited Investor 157

Accredited Investor Securities and Exchange Commission Technical Review Due Diligence 157

View from Seed

AUGUST 26, 2015

Run in packs and learn from the group (but keep an independent mind). There are a lot of options to expand your deal sourcing, like AngelList, syndicates, angel groups, etc. Find people who you think are great and don’t be worried about following their signal. Talk to people and get their POV. I’m not that dogmatic here.

Technical Review 120

Technical Review Angel Investor Software Review Silicon Valley 120

View from Seed

AUGUST 26, 2015

Run in packs and learn from the group (but keep an independent mind). There are a lot of options to expand your deal sourcing, like AngelList, syndicates, angel groups, etc. Find people who you think are great and don’t be worried about following their signal. Talk to people and get their POV. I’m not that dogmatic here.

Technical Review 120

Technical Review Angel Investor Software Review Silicon Valley 120

Gust

OCTOBER 20, 2011

Working within a network of angel investors also expands the pool of expert resources and helps divide the work of screening companies and investment due diligence. Earlier this month, I reported on the most current survey of angel groups: 2011 Valuation Survey of North American Angel Groups.

Valuation 146

Valuation Pre-Money Valuation Intellectual Property Technical Review 146

Professor VC

SEPTEMBER 2, 2010

There are several efforts being made to make this process better and will mention a couple below: Angel Capital Association Collaboration Committee - I was a charter member of the this group and the goal is to facilitate syndication among the angel groups via education and tools such as Angelsoft. Steve Bennet.

Angel Investor 28

Angel Investor Angel Groups San Jose Venture Capital 28

David Teten

DECEMBER 3, 2019

A major angel group uses Influitive , an advocate management tool, to track, activate and motivate their members. Investors are also mining for leads such sources as: – product crowdfunding sites ( Indiegogo *); – tech communities ( Producthunt ); – angel group platforms ( Gust ); – expert networks (e.g.,

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

David Teten

FEBRUARY 3, 2014

Annual Deal Pipeline for Selected VCs and Angel Investor Groups. Angel groups using Gust. Specialty tools like Angel List , Gust , SeedInvest , and OurCrowd are emerging as potentially significant tools for sourcing early-stage investments. The median VC reviews 87 opportunities before making 1 investment.

Private Equity 114

Private Equity Venture Capital Technical Review Equity 114

Berkonomics

APRIL 3, 2014

Angel groups invest from $250,000 to $1,000,000 or more in qualified investments. Angel Capital Association (ACA) lists over four hundred member groups, located throughout the country. All angel groups will want to see the founders in person at sometime early in the process.

Equity 92

Equity Finance Liquidity Event Angel Groups 92

David Teten

JUNE 12, 2014

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. Since then, we have grown to be the 2nd largest angel group in NY, with 130 members (vs. about 150 for Golden Seeds in New York, the largest group).

New York 114

New York Connecticut Angel Groups Florida 114

Professor VC

JUNE 6, 2016

When AngelList first launched syndicates a few years ago, I was very skeptical of the idea of angels taking carry on my investment. I've always felt that as an angel we should be sharing our best opportunities with each other and follow the golden rule. So what changed and why I am now launching a syndicate?

Syndicate 28

Syndicate Syndication Cap Table Ratchet 28

www.paulgraham.com

APRIL 28, 2010

So if youre going to sell cheap stockto eminent angels, do it early, when its natural for the companyto have a low valuation. Some angel investors join together in syndicates. In the Bay Area its the Bandof Angels. You can find groups near you through the Angel Capital Association. [

Technical Review 76

Technical Review Startup Software Review Angel Investor 76

David Teten

NOVEMBER 15, 2013

At Harvard Business School Alumni Angels of Greater New York , we have put a lot of energy into educating our community about the returns potential and process of angel investing. However, I’m obliged to emphasize that the time people put into angel investing is precisely what makes it a high-returns asset class.

Management 114

Management Pre-Money Valuation Venture Capital New Hampshire 114