Posts Tagged 'due diligence'

Due Diligence Is So NOT Yesterday!

February 9 2011 No Commented

VentureHype just published an interview of Bill Payne in which he describes the value of due diligence to investors and comments that angel investors outside Silicon Valley continue to believe that due diligence is critical to their success.

Brad Feld on Angel Investing

July 5 2010 No Commented

Brad Feld on Angel Investing My friend, Brad Feld, is a prolific angel and venture capital investor.  More importantly, he is really smart and a genuinely right-minded proponent of entrepreneurs.  Brad wrote an insightful article on June 2nd for Business Insider entitled After More Than 75 Angel Investments, Here’s What I’ve Learned.  This is must […]

Solo Angel Investing Versus Joining a Group

June 30 2010 No Commented

Solo Angel Investing Versus Joining a Group I was a solo angel investor from 1980 until 2000 and made a significant fraction of my 52 angel investments during that period.  Solo angel investing is just plain hard work.  I found that, as a solo angel, it was difficult to complete adequate due diligence and very […]

Don’t Take Angel Investments from VCs – a dissenting opinion

April 19 2010 No Commented

Don’t Take Angel Investments from VCs – a dissenting opinion In his recent blog Don’t Take Angel Investments From VCs, Bill Burnham cautions entrepreneurs not to include venture capitalists among investors in an angel round.  His premise is that these same VCs may choose to offer the entrepreneurs an onerous term sheet (low valuation, etc.) […]

Angel Group Deal Flow Statistics

February 22 2010 2 Commented

Angel Group Deal Flow Statistics To provide members with a broad selection of opportunities to invest in quality start-up ventures, angel groups encourage and are prepared to manage rather high deal flow.  Here are typical deal flow statistics for angel groups: Most groups encourage entrepreneurs to submit an executive summary or application via the group’s […]

Syndication among Angel Groups to Close Larger Rounds

January 25 2010 No Commented

Syndication among Angel Groups to Close Larger Rounds In recent posts, I have described the growing US capital gap between typical angel and VCs round size.  US angels generally invest in rounds of $200K and $1 million, while VCs have moved from rounds of $2-3 million in the ‘90s to rounds of $7-8 million today.  […]

Due Diligence Pays Off for Angels in Groups

December 18 2009 No Commented

Due Diligence Pays Off for Angels in Groups I’ve been asked for thirty years if due diligence on angel deals really pays off.  Are we angels better served spending substantial time with entrepreneurs before investing or should we simply to throw darts at a list of deals to pick companies in which we invest?  Frankly, […]

Is a Respectable ROI an Achievable Metric for Angels?

December 14 2009 No Commented

Is a Respectable ROI an Achievable Metric for Angels? I’ve been funding startups as an angel investor since 1980 without having a good answer to this question.  Early stage VCs seem to earn over 20% IRR (annual internal rate of return), so my thought has been that angels should earn even more.  After all, we […]

Due diligence treaties make deal syndication a snap (Tech Confidential – The Seed Stage)

April 16 2009 No Commented

After years of individual investment, angels began banding together in the early ’90s to form organized groups. Now angel groups are creating syndic1 Vote(s) Read the original article here.

What to expect from Angel Networks

April 14 2009 4 Commented

Ten years ago, access to individuals who invest in early-stage companies (commonly called ‘angel’ investors) was hard to come by for entrepreneurs seeking such financing. These days the angel investing landscape has changed. As angels increasingly pool their funds or connect in networks, they are becoming more accessible. That is good news for today’s company builders. […]