Huge Opportunities Do NOT Command Huge Pre-money Valuations
One entrepreneur has a company which appears to be scalable to a $30 million exit value in 5-8 years and a second entrepreneur’s venture seems to be scalable to $200 million in exit value in the same...
View ArticleThe Wisdom of Crowds of Angel Investors
In 2004 James Surowiecki, New Yorker business columnist, wrote the Wisdom of Crowds which recognizes that the opinions of groups is routinely more accurate than those of most individuals in the group....
View ArticleConvertible Debt vs. Equity: Which Is Right for Your Startup?
In a recent post, Bill Clark, CEO of Microventures, did a nice job of summarizing the Convertible Debt versus Equity option for startup investors. Unfortunately he left out the primary disadvantage to...
View ArticleAngel Investors in Montana
The Flathead Beacon (Kalispell) just published this article: Angel Investors in Montana
View ArticleKevin Learned’s Perspective on Valuation
Kevin is a friend and angel leader in Boise, Idaho. Dr. Learned is a counselor at the Idaho Small Business Development Center at Boise State University where he specializes in counseling with...
View ArticleStartup Capital: Feast or Famine?
For years there has been a pervasive opinion across the entrepreneurial landscape that the US has a shortage of capital required to startup and grow new ventures. It is suggested that companies cannot...
View ArticleTrends in Seed Stage Funding for Entrepreneurs
I’ve recently taken a look at seed stage funding by venture capitalists (VCs) and angel investors over the past five years. For VCs, I chose to look at all seed stage VC deals (from MoneyTree©) as...
View ArticleAverage Round Size in Angel Deals
The Center for Venture Research at the University of New Hampshire has been publishing statistics on angel investing for decades. Over the past several years, the numbers of US companies funded by...
View ArticleFollow-on Funding: A Dilemma for Angel Investors
In 2007, Professor Rob Wiltbank reported in Returns to Angel Investors in Groups that angel investors made follow-on investment in about 30% of their invested companies. It was surprising for me to...
View ArticleVisiting Angels and Entrepreneurs in Northern Europe
My wife, Ann, and I visited Ireland, Russia, Estonia and Finland, from mid-March to mid-April (2012), sharing experiences in angel investing through lectures, discussions and workshops. We met...
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