Gust

DECEMBER 1, 2011

We have no measure of the changes in available capital resources from entrepreneurs and their friends and family, but we have no reason to believe they have changed radically over the past few years. Let’s take a closer look at trends in government grants, angel investment and venture capital financings.

capital 120

capital startup angel capital VC 120

Angel Capital Association

MAY 11, 2022

During the meet up, which included representation from the majority of divisions within the SEC, Gouhin was able to talk about the power of angel investors and the role they play in economic growth, job creation, entrepreneurship and the connection between angel investment and venture capital dollars.

peer-to-peer 74

peer-to-peer communities capital economic growth 74

Gust

SEPTEMBER 27, 2014

Take the time to read, cover to cover, The Definitive Guide to Raising Money from Angels , by the legendary Bill Payne. A wonderful resource for startups in fundraising mode that most people don’t know about is the Frank Peters Show , the only weekly podcast that is all about (and only about) the world of angel investing.

VC 159

VC angel investing pitching entrepreneurs 159

Gust

NOVEMBER 28, 2011

Being relentlessly resourceful is definitely not what you learn in big companies, or in most schools. Relentlessly resourceful. Not merely relentless and passionate about your journey, but able to overcome novel difficulties (per Paul Graham ). The buck stops here. ” The CEO has to be confident and clearly the final decision maker.

startup 147

startup networking energy entrepreneurs 147

Gust

OCTOBER 20, 2011

For this round of investment, the angels collectively purchase 20-40% of the equity of the company and are seeking a return on investment of 20-30X in a period of five to eight years. Active angels invest in a diversified portfolio of 10 or more companies, usually spreading their investments over a few years.

angel investing 146

angel investing investing investment opportunity 146

Gust

MAY 24, 2012

By contrast, venture capital and angel investments normally take the form of Preferred Stock with rights and preferences set forth in the company’s Certificate of Incorporation and other governance documents. Options and warrants, when issued, are also typically exercisable for shares of Common Stock.

board 159

board incumbents angel investing investment 159

Gust

SEPTEMBER 12, 2011

It’s the result of several decades in high tech, three years as an investor in a local Oregon angel investment group , some consulting in due diligence for venture capital, and my experience as founder and co-founder of successful ventures. What I say here is my opinion and mine alone. Startup experience.

investing 70

investing investment startup angel investing 70

Gust

OCTOBER 5, 2011

A term sheet keeps things relatively straightforward by summarizing the most significant deal terms in outline form, whereas the deal documents themselves (often referred to as definitive agreements ) — even for a relatively simple convertible debt financing — inevitably contain some densely written legalese.

financing 79

financing finance angel investing investment 79

propel(x)

FEBRUARY 3, 2022

But if an additional 10m shares were issued by the company in future capital raises, and the seed investor did not buy any more shares, then their percentage ownership of the company would be diluted and would drop down to 10% (their original 2m shares out of the new total of 20m shares). Why is pro rata important?

investment 91

investment investing angel investing startup 91

Gust

JANUARY 3, 2012

The dictionary definition of a mentor is “an experienced and trusted advisor,” or “leader, tutor or coach.” The definition of a critic sounds similar, “a person who offers reasoned judgment or analysis.” We can all learn from both of these approaches, but in my view the mentor is far more valuable than a critic.

peer-to-peer 98

peer-to-peer consulting advice entrepreneurs 98

Gust

DECEMBER 27, 2011

If you think all this sounds a bit sinister and unnecessary, go back and some of the articles about Bernie Madoff and other recent investment scams. Entrepreneurs are optimists by nature, so I definitely recommend the involvement of your favorite attorney (usually the pessimist).

entrepreneurs 119

entrepreneurs peer-to-peer networking investing 119

TechCrunch

JANUARY 21, 2022

In a deeply researched post, Mary Ann Azevedo and Alex Wilhelm examine how fintech overtook and outperformed every other sector to the point where its outlines mirror that of the broader venture market. “To Fintech is like most venture, but simply more extreme.”. The berserk pace of fintech investing outshines the global VC boom. .

VC 80

VC incubation angel investing investing 80

TechCrunch

AUGUST 15, 2023

Angel investments in 2022 equaled those from 2006 to 2011 combined. Family office investments increased by 5x , and corporate venture investments rose 6x , thus opening new capital avenues for founders who found it difficult to raise capital. Crowdfunding witnessed a 2.4x growth from 2020 to 2021.

accelerator 96

accelerator peer-to-peer startup VC 96

StartupNation

APRIL 23, 2021

There are several different ways a startup founder might fund his or her business, including series funding, crowdfunding, loans, venture capital and angel investments. As an entrepreneur, investment advisor and consultant to startup founders, I understand that each startup is different.

entrepreneurs 112

entrepreneurs startup networking SaaS 112

TechCrunch

DECEMBER 2, 2021

EB: I think definitely a combination of both. EB: Definitely not, but it’s very intentional. The best friends met at a co-working space when Costa was doing angel investing in London. TC: You say this is your third or fourth startup. TC: Are you close to break-even at this point? They later co-founded Glorify.

networking 101

networking communities angel investing culture 101

TechCrunch

MAY 11, 2021

The country’s capital Warsaw has an angel investment scene, but founders instead often look to Germany for smaller investments because “the distance from Wroc?aw Definitely lack of capital, network and “how-to-scale” skillset. ski, CEO, Valueships. What are you most excited by?

SaaS 95

SaaS founder startup sustainability 95

Angel Capital Association

APRIL 30, 2024

This historical or look back perspective is based on a survey conducted by the Angel Capital Association in Q1 and Q2 of 2021 compared to the same survey conduct two years later in 2023. We believe economic conditions definitely impacted responses in the 2023 survey. Figure 2: In The Next 12 Months What Do You Think Will Change?

angel capital 59

angel capital angel investing funders health 59

TechCrunch

FEBRUARY 27, 2023

It definitely impacted where I am now in the sense that this was an inflection point,” said Kramer, who is one of many former Carta employees embroiled in legal battles with the company. Now, three years after the lawsuit was first filed, Kramer says the “matter was resolved.” She declined to comment further. “It

VC 75

VC founder angel investing investing 75

Gust

OCTOBER 12, 2011

It’s worth pausing on the definition of the phrase “at the noteholders’ option.” For that reason, investors commonly insist on #3 (or nothing) rather than #2, giving them more flexibility. Entrepreneurs generally prefer #2, provided it’s at a valuation that wouldn’t be absurdly dilutive given the amount of notes outstanding.

financing 107

financing finance construction investment 107

Gust

OCTOBER 26, 2011

The Notes will be issued pursuant to a definitive Note Purchase Agreement containing customary covenants, representations and warranties of the Company. The Note Purchase Agreement and Convertible Promissory Note are essential documents for any convertible note financing. Returning to our sample term sheet: Note Purchase Agreement.

financing 79

financing finance VC investment 79

Angel Capital Association

OCTOBER 26, 2021

By: Sonia Gioseffi, Partner, K&L Gates The venture capital industry has exploded in both dollars and geography since its beginnings, as evidenced by an increase in the size of venture capital funds and the attraction of large pools of capital from institutional investors.

venture capital 40

venture capital angel investing advice VC 40

Gust

DECEMBER 12, 2011

Definitely, absolutely, today’s non-monetizing business ideas are not the same thing at all. Of course, I fully appreciate that all these social networking things are very, very different from the wishful days of the 90s, when “aggregated eyeballs” were as good as currency (until the tech crash came). Nonetheless….

networking 70

networking financing finance investing 70

David Teten VC

MAY 2, 2020

But on the other side, I definitely recommend seeing what information others have made public. I advise my portfolio companies to be careful about what information they make searchable publicly. For each competitor, I suggest you do the following: Look on Angel.co for their pitch deck. .

pitching 59

pitching VC capital ventures 59

David Teten VC

MAY 2, 2020

But on the other side, I definitely recommend seeing what information others have made public. I advise my portfolio companies to be careful about what information they make searchable publicly. For each competitor, I suggest you do the following: Look on Angel.co for their pitch deck. .

pitching 40

pitching VC capital ventures 40

Gust

JULY 1, 2012

These people are highly focused on investment areas they know, which have a large opportunity for growth, revenue projection of $20M or more in five years, and a high return that can be realized via an exit within five years. This is definitely the space for bootstrapping and personal networking. Real estate.

real estate 143

real estate startup angel investing investing 143

Both Sides of the Table

AUGUST 14, 2009

I recently wrote a post on angel financing covering the topic of convertible notes but I realized I was thinking about the issue more from investor perspective and a very narrow topic of how to price the round. This post is for those who want to raise angel money. Definitionally not a short post (sorry for letting you down, Ari ;-).

advice 291

advice VC pitching angel investing 291

TechCrunch

MARCH 15, 2022

So despite total funding for women-founded companies reaching $834 million in 2021, per Partech Africa — a VC firm and data tracker of African investments — and the number of women in venture capital increasing, t heir representation remains minute against a faster-growing percentage of startups run by men.

VC 115

VC founder networking investing 115

Angel Capital Association

OCTOBER 17, 2023

During negotiations on Dodd-Frank, Congress considered changes to the definition of “accredited investor,” including the elimination of the value of a primary home from inclusion in an individual’s net worth. House and Senate staff turned to ACA to understand the impact of changing the definition on the angel community.

entrepreneurial ecosystem 52

entrepreneurial ecosystem leadership entrepreneurship angel capital 52