ANGEL INVESTING An Introduction to 夹布胶管+橡胶管+胶管-ANGEL+INVESTING OUTLINE Who are these Angels? Entrepreneur-friendly Communities Company Formation and Startup Funding Portfolio Strategy for Angel Investors Post-investment Relationship between Entrepreneurs and Angel Investors Why Angels are Joining Groups The Angel Investing Process The Power of Angel Investing Seminar 尼龙板棒 pom板棒 环氧板 尼龙板 尼龙棒 高压油管 金属软管 液压接头 夹布胶管+橡胶管+胶管-ANGEL+INVESTING Angel Investors (vs. private investors) Invest money in seed, startup and early stage companies Invest time in entrepreneurs and their companies Business acumen Mentoring and coaching Serve on boards Make business introductions 夹布胶管+橡胶管+胶管-ANGEL+INVESTING Who are these Angel Investors Often successful, exited entrepreneurs or retired business persons – active investors Invest both time and money in companies Accredited Investors - SEC definition Angels invest their own money (not money managers) Investing in local companies 夹布胶管+橡胶管+胶管-ANGEL+INVESTING Motivation:Why Become an Angel Investor? Helping entrepreneurs Stay engaged – using skills and experiences to help build a business Giving back to community or university An active form of investing – not just watching markets Return on Investment is the metric 夹布胶管+橡胶管+胶管-ANGEL+INVESTING How do Angels fit into Entrepreneur-friendly Communities 夹布胶管+橡胶管+胶管-ANGEL+INVESTING Entrepreneur-friendlyCommunities Service Providers Entrepreneurship Center Bus Plans Education Networking Funding Sources VCs Angels Grants Banks SBIRs Mentors Coaches Role models ENTREPRENEURS Sources of Technology Innovations Product Ideas Colleges & Universities Companies Labs Talented People 夹布胶管+橡胶管+胶管-ANGEL+INVESTING New Company Formation and Funding Sources for Startup Companies 夹布胶管+橡胶管+胶管-ANGEL+INVESTING Who are Funding Startup Companies Friends, Family (and Fools) – FFF Angel Investors Venture Capital