I was interviewed early this month by Gareth Price of the Warsaw Business Journal about my experiences as an entrepreneur and angel investor, and about what angels look for in fundable deals. See link.
Posts Tagged 'entrepreneur'
Entrepreneurs need to know how to use the various forms of their business plans.
How Much Ownership do Angels Require? A frequent question from entrepreneurs is “how much ownership do angels expect to purchase with their investment in my start-up venture?” First, a reminder: Angels are investors, not bankers. So, in most cases angels purchase equity in new ventures, and are not lending funds to entrepreneurs, in anticipation that […]
What do Angels Look for in Fundable Deals – Part II In the last post, I described the two most important characteristics of a fundable deal, that is, the entrepreneur/management team and the scalability of the business model. So what are the additional features that can make or break an entrepreneur’s business plan? Angels prefer […]
What do Angels Look for in Fundable Deals – Part I The two most important attributes of a fundable deal for angels is the quality of the entrepreneur and management team and the scalability of the venture. We would love to invest in entrepreneurs with prior CEO experience, but angels are most often approached by […]
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.) […]
The Value of Intellectual Property to a Startup Venture Derek Sivers points out a critical issue to startup companies: Intellectual Property has LITTLE OR NO VALUE without execution by the entrepreneur and management team. Here is his blog: IDEAS ARE JUST A MULTIPLIER OF EXECUTION By Derek Sivers (http://sivers.org/multiply) It’s so funny when I […]
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 […]
When is Convertible Debt the Right Instrument for Angel Investments? In my last post, I concluded that convertible debt securities are seldom appropriate for angel investments. My primary conclusion was that using convertible debt was likely to substantially reduce the ROI of “smash hits,” those 7% of angel investment that provide 75% of our ROI. […]