Post by account_disabled on Mar 5, 2024 5:49:39 GMT
The aim to connect companies with investors for example AngelList SeedInvest FundersClub and DreamFunded. But despite this the Halo Report says that in three quarters of angel investing deals the investor and the company are based in the same state. So as well as looking on the web its also worth searching locally. Many states and cities have their own local networks of angel investors for example ARCHAngels in Ohio The Angels Forum in Silicon Valley and New York Angels inyes youve guessed it New York. The Angel Capital Association has a useful list of local networks.
Also find an angel who may not use that name and may Country Email List not be part of a network or listed in directories. Look for prominent local business people in your field attend industry conferences join your local Chamber of Commerce and who might have the funds and expertise youre looking for. Pitching to Angels Making a successful pitch to an angel investor is about knowing what they are looking for. This should be done on an individual basis looking at the deals theyve done in the past and researching anything theyve said or written about the companies they like to invest in. But here are a few general guidelines. The first thing angels are looking for is strong growth prospects.
Stretch your business plan to provide the tenfold return you think they want. Your forecasts have to be realistic and achievable. Angel investors typically see hundreds of business plans from hopeful company owners and can easily recognize padded estimates. Demonstrate exactly how you think you can make your forecasts and include best case and worst case scenarios. Beyond the financials angels are looking for a compelling idea clearly expressed. Googles concept was so persuasive that angel investor Andy Bechtolsheim wrote its founders a check for before theyd even finished their presentation. Even if youre not the next Google you need.
Also find an angel who may not use that name and may Country Email List not be part of a network or listed in directories. Look for prominent local business people in your field attend industry conferences join your local Chamber of Commerce and who might have the funds and expertise youre looking for. Pitching to Angels Making a successful pitch to an angel investor is about knowing what they are looking for. This should be done on an individual basis looking at the deals theyve done in the past and researching anything theyve said or written about the companies they like to invest in. But here are a few general guidelines. The first thing angels are looking for is strong growth prospects.
Stretch your business plan to provide the tenfold return you think they want. Your forecasts have to be realistic and achievable. Angel investors typically see hundreds of business plans from hopeful company owners and can easily recognize padded estimates. Demonstrate exactly how you think you can make your forecasts and include best case and worst case scenarios. Beyond the financials angels are looking for a compelling idea clearly expressed. Googles concept was so persuasive that angel investor Andy Bechtolsheim wrote its founders a check for before theyd even finished their presentation. Even if youre not the next Google you need.