Archive for the 'Angel Groups' Category

Is Venture Capital Available in Montana?

November 23 2010 No Commented

The following article appeared in the July 2010 issue of the Flathead Business Journal, but is no longer available online. Last month we described VC firms as limited partnerships in which general partners raise funds from large passive limited partners, such as pension funds, foundation endowments and big corporate investors, and then invest those funds […]

The Frontier Angel Fund Application Process

November 23 2010 No Commented

The following article appeared in the May 2010 issue of the Flathead Business Journal, but is no longer available online. As I revealed in last month’s column, I am an active member of the Frontier Angel Fund (Frontier), formed in 2006 to provide mentoring and capital to startup companies in northwest Montana, elsewhere in Montana […]

The Frontier Angel Fund

November 23 2010 one Commented

The following article appeared in the April 2010 issue of the Flathead Business Journal, but is no longer available online. I am an active member of the Frontier Angel Fund (Frontier), formed in 2006 to provide mentoring and capital to startup companies in northwest Montana, elsewhere in Montana and the inland Pacific Northwest.  Thirty-three business-savvy […]

Who Are These Angel Investors

November 20 2010 No Commented

The following article appeared in the March 2010 issue of the Flathead Business Journal, but is no longer available online. For several months, we have been discussing sources of startup capital for businesses.  Entrepreneurs first use their own cash and resources as they germinate the idea of the business.  As the venture idea germinates and […]

Are Angels Really Stifling Innovation?

November 3 2010 2 Commented

Last week, Tom Foremski  suggested that the angel strategy of commercializing innovations and then rather quickly selling the startups was stifling innovation.  In doing so, Tom referenced Max Levchin’s recent blog in which he suggested that while this strategy makes money for the angels, it tends to discourage building breakthrough companies.  The implication is that […]

Super Angels: The Pros and Cons

October 19 2010 one Commented

Super Angels are high profile entrepreneurs-turned-investors, mostly in Silicon Valley, doing rapid-fire investing in startup entrepreneurs.  For many, 10-20 investments per year is the objective.  They are now raising small VC funds to finance even more ventures.  Are Super Angels a positive influence on the entrepreneurial economy?  Let’s take a look at the pros and […]

Are Super Angels Taking Over the World of Angel Investing?

October 13 2010 one Commented

With all this excitement about Super Angels investing in Silicon Valley startup ventures, are they beginning to dominate, dare I suggest, take over the world of angel investing?  Or, even the world of seed/startup stage investing? Maybe in their own minds, they are.  But Chris Yeh points out that Super Angels are doing about 200 […]

Montana Venture Capitalists

September 28 2010 No Commented

As many of you know, high-growth entrepreneurs seek capital from three generally non-competing sources:  Friend & Family, Angel Investors and Venture Capitalists.  F&F often invest up to $100K in idea-stage companies (no product, no customers).  Angel investors provide funding in amounts ranging from $100K to $1 million to companies with at least a prototype product […]

Valuation of Pre-revenue Angel Deals

September 23 2010 one Commented

I spent my summer developing a new ½ day workshop on the valuation of pre-revenue start-up companies for angel investors and entrepreneurs.  It is now complete and will be delivered in Tucson, Grand Forks, ND and Philadelphia in the next six weeks.  This was a volunteer project I completed for the Angel Capital Education Foundation. […]

Thank Goodness for Super Angels

September 6 2010 one Commented

Have you noticed all the great press given to Super Angels by the Business Week and the Wall Street Journal? First Business Week introduced us to their top 25 angel investors, who have each funded between 5 and 190 deals, averaging about 40 angel investments per angel.  It is a great list!  Then, the Wall […]