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Finding An Angel Investor

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How do you find a business Angel? they do a good job of staying invisible. So what companies and strategies work and don't work. Secondly once you have found one, how do you work with them.

How do you find a business Angel? they do a good job of staying invisible. So what companies and strategies work and don't work. Secondly once you have found one, how do you work with them.

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    • 1. NICK HALSTEAD Founder & CEO @nickhalstead #INTRO
    • 2. QUICK BACKGROUND Initial Investment Oct 07 £150,000 1x Angel Second Round Jan 09 £500,000 10x Angel, 1x Institution, LOTSx Hassle #BACKGROUND
    • 3. WHY? •YOU WANT CASH •EXPERIENCE •QUICK TURN AROUND (cough) •LESS DUE-DILIGENCE •CONNECTIONS
    • 4. WANTED TO FIND
    • 5. STARTED HERE
    • 6. FINDING AN ANGEL
    • 7. FINDING AN ANGEL LIKE INVISIBLE MAN (AT THE START) THEY DO NETWORK THEY KNOW EACH OTHER
    • 8. PAY TO PRESENT The Good, The Bad, The Ugly
    • 9. PAY TO PRESENT •UP FRONT FEE IS COSTLY TO MOST •VERY FEW FOCUS ON SINGLE SECTOR •THEY ‘CAN’ HELP YOU PRESENT •EFFECTIVENESS IS QUESTIONABLE British Business Angels Association http://www.bbaa.org.uk/
    • 10. HIRE A SHARK BEST TO AVOID BEING EATEN
    • 11. MATHS IS FUN? •5% to your shark •5% to the angel network •£250,000 investment •= £25,000 in fees!
    • 12. YOU ARE AN ENTREPRENEUR BE INNOVATIVE •NETWORK IN RIGHT PLACES •MAKE YOURSELF EASY TO FIND •SELF PROMOTE CONSTANTLY •BLOGGING, TWITTER, etc..
    • 13. BUILDING A BOOK DEALING WITH [n] x ANGELS
    • 14. BUILDING A BOOK • PRO’S • CASH BEYOND EQUITY GAP • GREATER ACCESS TO CONTACTS • CON’S • TAKES TIME • COMPLEX PAPERWORK • CAN GANG UP ON YOU
    • 15. HERDING CATS
    • 16. A QUICK STORY HOW 2 BECAME 1
    • 17. SUMMARY •BUILD PLAN OF HOW TO FIND •GET ON WITH YOUR ANGEL •VALUATION IS WHAT YOU MAKE IT •GET A GOOD LAWYER
    • 18. NICK HALSTEAD Founder & CEO @nickhalstead

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