Becoming An Angel
Angel investor groups vary in structure, from formal to informal. Formal groups follow strict participation requirements that guide members’ minimum investment activity and event attendance. Some groups pool members’ capital to make investments on the group’s behalf, while others allow individual members to invest in specific deals of interest.
A typical angel group’s investment ranges widely depending on how many group members are interested. While no two angel groups operate exactly alike, most angel groups maintain a local or regional geographic focus in order to maximize members’ ability to actively engage in the growth of their investments.
Angel groups often have web sites that provide directions for business plan submission. After screening business plans for top-quality deals that match the group’s criteria, these groups organize regular meetings for members to hear pitches from companies selected to present. If the group (or members of the group) decides to proceed, interested members commonly collaborate on due diligence and deal negotiation.
Based on the group’s structure, investments are either made directly by individual members, or by the group as a whole. Reno Angels do not participate in group investing - but invest as individuals, solely. Most groups apply standard terms to their investments, with some flexibility to negotiate. For the risk and added value they provide, angels seek significant returns from their risk capital.
Angel investor groups vary in structure, from formal to informal. Formal groups follow strict participation requirements that guide members’ minimum investment activity and event attendance. Some groups pool members’ capital to make investments on the group’s behalf, while others allow individual members to invest in specific deals of interest.
A typical angel group’s investment ranges widely depending on how many group members are interested. While no two angel groups operate exactly alike, most angel groups maintain a local or regional geographic focus in order to maximize members’ ability to actively engage in the growth of their investments.
Angel groups often have web sites that provide directions for business plan submission. After screening business plans for top-quality deals that match the group’s criteria, these groups organize regular meetings for members to hear pitches from companies selected to present. If the group (or members of the group) decides to proceed, interested members commonly collaborate on due diligence and deal negotiation.
Based on the group’s structure, investments are either made directly by individual members, or by the group as a whole. Reno Angels do not participate in group investing - but invest as individuals, solely. Most groups apply standard terms to their investments, with some flexibility to negotiate. For the risk and added value they provide, angels seek significant returns from their risk capital.
