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ProfessorVC: Touched by an Angel

Professor VC

One of my comments was that we would likely see more institutionalization of angel groups and syndication of deals among groups. There needs to be enough equity to go around for founders, early investors, later investors, and employees. My facebook can beat up your facebook. The theme of the event was angel investment trends for 2008.

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ProfessorVC: How much is enough?

Professor VC

But of course, the model had us requiring only $10M equity to breakeven and to achieve $185M in revenues in 2008 (the magic Year 5 in all business plans). The business model (OEM through broadband and home security companies for mass distribution) if not specific product functionality has remained largely the same. ► October. (1).

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ProfessorVC: Angie's List or AngelList?

Professor VC

Whether you buy this or not for public equities, the market for early stage private companies has always been wildly inefficient. The theory states that all ifnormation is publicy available and it is not possible to earn returns above average on a risk-adjusted basis. Can Entrepreneurship Be Taught? ► October. (1). ► September. (1).

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How to Fund a Startup

www.paulgraham.com

Some angel investors join together in syndicates. It costs you a little more equity, but being able to play the two firms off each other (as well as ask one if the other is being out of line) is invaluable. Startups valuations aresupposed to rise over time. Any city wherepeople start startups will have one or more of them.