How to Find and Close Angel Investors from a Standing Start

View from Seed

Whether an entrepreneur is raising a smaller (pre-)seed round entirely from individuals or she has a seed-stage or larger VC firm involved in (leading) the seed syndicate, it’s somewhere between necessary and optimal to have multiple individual angel investors involved. First and foremost, angels can provide capital. That’s especially true for angels. Again, that’s especially true for angels.

How to Raise Startup Funding from Unlikely Angel Investors

Up and Running

Angel investors come from a variety of ages, backgrounds, and professions. I’m not your average angel. I’m not active in an angel group. I live in a small town surrounded by farms and I made my first angel investment at 29 because my dad said it was a good idea.

Trending Sources

Angel Investors Do Make Money, Data Shows 2.5x Returns Overall

Gust

I began studying angel investing returns about 10 years ago as a result of a problem I couldn’t resolve: The investing world seemed certain that angel investors were rubes. Are angel investors just unwitting philanthropists or legitimate entrepreneurial investors?

Learn From the 5 Core Principles of Angel Investors

Startup Professionals Musings

If your startup is looking for an Angel investor, does it makes sense to present your plan to flocks of Angels, and assume that at least one will swoop down and scoop you up? Maybe friends and family will give you money with no plan, but Angel investors expect a real plan.

Suggestions for Angel Investors

Feld Thoughts

I’m on an Acela train between Boston and New York (listening to Boston’s More Than A Feeling – how recursive) on my way to the TechStars Boston 2010 Investor / Demo day. I wasn’t able to make it to Boston yesterday for the Angel Boot Camp as I was running around NYC with the CEO of a company I invested in last week introducing him to a bunch of potential customers and partners. It sounds like Angel Boot Camp rocked. Tags: Angel Investing

The Why and How Of Updating Your Angel Investors

OnStartups

But almost nothing concrete is available on the care and feeding of your investors. The reason is: The CEO is the investor''s user interface into the business. It''s how investors see what''s going on, and in some minimal ways, interact with the business.

Top Lessons Learned From Great Angel Investors

Rob Go

We held an awesome Angel Bootcamp yesterday at MIT. It was an amazing collection of speakers sharing their experience and wisdom around angel investing. Even though we are a seed-focused VC fund, we were very excited to help organize this event because of our belief that increased angel activity is critical to keep propelling the Boston startup ecosystem (and the local economy) further. The best angel investors hunt. But the best angel investors hunt.

Calling All Angels In Boston

Feld Thoughts

I’ve been spending some time with the current TechStars Boston class. This feels to me like the strongest class we’ve had in Boston so far and might be the one of the strongest TechStars classes overall. This class of companies in Boston is thinking big and is very diverse. It’s been incredibly energizing watching each of the four TechStars cities (Boulder, NYC, Seattle, and Boston) up their game every single year. TechStars angel investors boston

7 Things You Should Know About Angel Investors

Inc Startups

Many assume that the archetypal venture capital firms around Silicon Valley and Boston--the likes of Kleiner Perkins and Sequoia Capital--supply almost all the initial financing for high-growth startups. Angel investors have been muscling in on traditional venture firms.

Should an Angel Investor also get Advisory/Board Equity?

Venture Cyclist

Last week was demo day for BetaSpring in Providence, RI, as well as for HealthBox Boston. This week it’s Techstars Boston Demo Day. One thing most of the presenting companies have in common is that they are raising seed investment funds from the angel, micro-VC and VC communities. Some angels can indeed offer more than just money, but the decision about who should be an investor is different from who should get equity for advisory or board help.

17 Venture Capital Blogs You Should Be Reading

Up and Running

This is the home of Jason Cohen, software startup founder, bootstrapper, investor, and mentor. He also shares his thoughts, industry trends, and where he sees the companies going, from the investor’s perspective. Andrew Parker is a VC with Spark Capital in Boston.

The Hitchhiker’s Guide to the Boston Tech Community – August 2012

Rob Go

Boston is a great place to start and build a company. There is a wealth of resources that are unique to this town and a vibrant community of hackers, business people, and investors at various stages in their career. TechStars BostonBoston chapter of TechStars.

The Hitchhiker’s Guide to the Boston Tech Community, Sept 2011

Rob Go

Boston is a great place to start and build a company. There is a wealth of resources that are unique to this town and a vibrant community of hackers, business people, and investors at various stages in their career. However, Boston is a transient town, especially for the student population that refreshes a large population each year. This guide is designed to help you hit the ground running and is a starting point for your entrepreneurial journey in Boston.

The Hitchhiker’s Guide to the Boston Tech Community (Fall 2013 Edition)

Rob Go

Boston is a great place to start and build a company. There is a wealth of resources that are unique to this town and a vibrant community of hackers, product designers, business people, and investors at various stages in their career. However, Boston is a transient town, especially for the student population that refreshes a large number each year. This guide is designed to help you hit the ground running and is a starting point for your entrepreneurial journey in Boston.

High Risk + Founders First + Boston: The Atlas Venture way

Fred Destin

Then you can proactively help them speak to other investors so they are getting maximum exposure to the market,” he explained. Destin believes the differences between investing in Europe and US is most clear in the angel investor community. Backing Boston.

Six reasons to attend AngelBootCamp in Boston on June 14

Fred Destin

It’s probably the best time in history to become an Angel, yet the market is moving with a velocity that is sometimes mind boggling even for the most maverick among us. Jon Pierce and team are putting together the year’s must attend event for angel investors, do join. .

HubSpot Fires First Shot in Boston Battle For Talent: $10,000 Bounty

OnStartups

Back here in Boston, there’s a similar battle for talent brewing. Except, here in Boston, we’re kind of polite and a tad overly sane (there’s not enough craziness). There’s a battle for brilliant developers going on in Boston!

Getting Funded: Step 1, Getting VCs to notice

Passionate Intensity

Get on Angel List. I know it has “angel” in the title, but many VCs (including this one) subscribe and follow the companies listed there. Consider angels or seed investors. I often recommend angel investors I know to companies that are too early for our fund.

Putting Together Your Perfect Seed Round

Early Stage Adventures

Many companies are getting started and lots of investors are making seed investments. Because of my involvement in the Boston and NYC ecosystem as a managing partner at CommonAngels, I’ve been asked by several entrepreneurs a very simple but loaded question: “How should I think about pulling together my seed round?” From angels only to micro VC with angels to multiple VCs and all the blends in between. Have a lead investor. Boston NYC Startups

CASH IS KING — C-A-S-H — Friction Cost Reduction — Accountants, Attorneys and Consultants

Scalable Startup

Cash through investments, revenues, borrowing from F&F, VCs, convertible notes, deal terms, angels, etc. In Silicon Valley, Boston, Boulder and a few other places, the growth of the startup world has vastly been enhanced over the past 10 to 30 years by professionals who are not VCs or developers or entrepreneurs – they’re the Accountants, Attorneys, Consultants, Professors, Marketing firms and others who have tremendous influence over VCs, Angels and prospective customers.

How to deal with the Series A crunch

Version One Ventures

As I’m assuming this is a common question heard in huddled discussions in offices from San Francisco to Boston, here’s my advice on how to navigate today’s financing waters: If you haven’t raised your seed round yet… If you’re looking to raise your seed round, aim for more money than you had originally planned. Do your homework on potential investors. Ask for brutally honest feedback from your seed round investors, advisors, and any other investors you know and trust.

There Is Only ONE Silicon Valley

Gust

The Valley produces world-class entrepreneurs, angel investors, venture capitalists and successful high-tech companies – all growing and creating jobs on one relatively small peninsula. Boston, New York City, Seattle and Southern California spawn many exciting startups…but do not exceed the Valley in any measure of entrepreneurial achievement. To investors : Stay where you are.

Angel Boot Camp in Boston on June 1

Feld Thoughts

Jon Pierce of BetaHouse has decided to organize an Angel Boot Camp in Boston on June 1st. The idea is that anyone interested in learning more about how to get started with angel investing can attend and learn from some people who’ve been there and done that. Jon Pierce also wrote about why he’s doing Angel Boot Camp as well as listing some of Boston’s Best Angel Investors.

From Nashville to Boston: How A Startup Accelerator Changed Our Lives

OnStartups

In 90 short days, we found a new home in Boston, made life-long friends, learned about building a successful business and made unbelievable progress on our product. After a very long and anxiety-filled process, Katie Rae and the Boston group gave us a shot.

What you should know about Angel Investors and Convertible Notes

Don Dodge on The Next Big Thing

Angel Investors are a special breed. That’s why they call them angels. Angels tend to invest just like VCs except they do smaller investments $200K to $2M and they do about 15 times as many deals as VCs. Angels will be easier to convince than VCs if they know your business well, but harder than VCs if they don’t have experience in your area. Angels have the same investment criteria and expectations of significant returns that VCs do.

10 Keys To Giving The Right Entrepreneur Your Money

Startup Professionals Musings

It’s an opportunity for that “big bang” return of 10X to 100 times your initial investment, like early investors in Google, Microsoft, and Apple. Today you still need to be registered with the SEC as an “ accredited ” investor to legally buy any startup equity in the U.S.

My First Experience As A Venture Capitalist

Feld Thoughts

Over the next two years, I made 40 angel investments with the money I made from the sale of the company. At one point in the process, I was down to under $100,000 in the bank – with the vast majority of our net worth tied up in these angel investments and a house that we bought in Boulder. Along the way, a number of the companies I had invested in as an angel investor raised money from VCs. ” One of the VCs I overlapped with while in Boston was Charley Lax.

Announcing Upfront Ventures’ Newest Partner — Kobie Fuller

Both Sides of the Table

That’s why I’m so excited to announce today that we’ve hired Kobie Fuller as a Partner at Upfront Ventures — he will move down to Los Angeles with his wife and 1-year-old son and start later this summer. He also was an angel investor in Oculus, who was bought by Facebook for $2 billion.

Recruiting Software Developers By Showing Up With Pizza

Feld Thoughts

Last night I was at Angel Boot Camp in Boston. It was a dinner for about 50 angel investors – a mix of experienced ones and new ones – organized by Jon Pierce. Once again we are in a zone where hiring software developers is incredibly challenging. The market is fully employed and while there is some movement between companies, great developers tend to be decided to what they are doing for a while, especially in an entrepreneurial context.

Ycombinator - Where unicorns are born

Don Dodge on The Next Big Thing

Angel investing in tech startups is a gut wrenching and risky business. Paul and his co-founders wanted to get involved in Angel investing but wanted to do it in a scalable way, involve lots of friends and advisors, and be more “hands on” than the typical Angel investor.

Moving To Homer, Alaska

Feld Thoughts

We were living in Boston at the time. At some point Amy and I realized we could live anywhere and we knew that Boston wasn’t home. Nope – Amy and I aren’t moving to Homer.

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How to be an Angel Investor.and make money

Don Dodge on The Next Big Thing

Angel Investors are a special breed. That’s why they call them angels. Jon Pierce organized an Angel Boot Camp in Boston attended by over 300 Angel Investors and aspiring Angels. Angel Investors are usually experienced entrepreneurs that have built and sold several companies. I have been Angel investing for 18 years. Alongside investors you trust. Experienced investors involved.

Angel Bootcamp, The Blog Post: A Primer on Angel Investing

View from Seed

A little under a year ago, we hosted an event called Angel Bootcamp that was a primer for folks thinking about getting into angel investing. Here’s a great recap on the Boston Globe’s tech blog.). With all that in mind, here’s Angel Bootcamp — The Blog Post Edition.

Entrepreneurs Thoughts On VCs And Angels

Ask The VC

Scott Kirsner of the Boston Globe has an outstanding article up on Boston.com titled Entrepreneurs talk back: Straight-up feedback and advice for VCs and angels. In it, he has some choice feedback from entrepreneurs to VCs and angels. One software entrepreneur told me about a group of angel investors who visited his company, but decided not to invest. “I cannot stress this enough: The worst thing on this planet is a consultant disguised as an angel/VC.

How To Find The Best City For Your Type Of Startup

Startup Professionals Musings

I still have to tell some entrepreneurs that even with the best idea, they have to move to Silicon Valley to find the investors they need, or they need to move to the U.S.

The Silent Killer – The Company Your Community Never Created

Both Sides of the Table

Think about Facebook had it stayed in Boston. But I’ll bet the Boston community would take 50% of the success of Facebook built locally. “If I were starting now, I would have stayed in Boston. ” Boston is still a great tech hub. I went to see several LP funds in Boston. But there’s also several great funds in Boston and while our first priority is to returns we have an equal responsibility to local funds and local jobs.”

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. Alliance of Angels (Seattle). Boise Angel Alliance. First Angel Network (Halifax).

After Your First Big Success, What’s Next?

Feld Thoughts

I was making plenty of money consulting and, while I was investing much of the money I made from the sale into new companies as an angel investor, the idea of living in Homer was attractive. We figured we could easily live for the rest of our life on consulting income and what we’d managed to save, even if none of the angel investments I was making turned into anything.

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Startup Communities: Creating A Great Entrepreneurial Ecosystem In Your City

Feld Thoughts

Investors. TechStars Impact on Boston. Angel Investors Must Be Organized. I’m deep into writing my latest book. For now, the title is “ Startup Communities: Creating A Great Entrepreneurial Ecosystem In Your City.” ” I’m open to different titles – if you’ve got ideas just put them in the comments. Following is the current table of contents. It’s still pretty dynamic as I’m adding stuff while I’m writing.

How To Raise A $150 Million VC Fund

Feld Thoughts

” Brad: “Why don’t you raise an angel fund and just invest in them as a seed investor.” ” Brad: “Absolutely – you’re a great investor. We made a bunch of intros for David and he reached out to a number of the successful entrepreneurs and a few investors (as individuals) around the Techstars network that existed in 2009. We had programs in Boulder, Seattle, Boston, and New York.

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