This document discusses angel investments and early stage funding options for startups in Ukraine. It outlines the pros and cons of angel investors, including that they can provide larger funds than other options, bring experience and industry knowledge, take on higher risks, and have an extensive network. However, angel investors may demand high equity costs, rarely participate in follow-on rounds, place limits on the startup, and want active involvement in company decisions. The document also provides criteria that angel investors and startups consider, such as the strength of the founding team and product traction for startups, and clear communication and simple investment documents for angel investors.

1. Angel investments in Ukraine:
myths versus reality

3. Where to go with your idea?

5. Early stage funding options:
• Friends & Family

6. Early stage funding options:
• Friends & Family
• Seed Capital

7. Early stage funding options:
• Friends & Family
• Seed Capital
• Crowdfunding/Crowdsourcing

8. Early stage funding options:
• Friends & Family
• Seed Capital
• Crowdfunding/Crowdsourcing
• Angel Investors

10. Angel investor
From Wikipedia, the free encyclopedia
An angel investor or angel (also known as a business angel,
informal investor, angel funder, private investor, or seed
investor) is an affluent individual who provides capital for a
business start-up, usually in exchange for converDble debt or
ownership equity.

14. Pros
1) funds you need (25K+)

15. Pros
1) funds you need (25K+)
2) experience and knowledge

16. Pros
1) funds you need (25K+)
2) experience and knowledge
3) taking higher risks

17. Pros
1) funds you need (25K+)
2) experience and knowledge
3) taking higher risks
4) easier documents?

18. Pros
1) funds you need (25K+)
2) experience and knowledge
3) taking higher risks
4) easier documents?
5) more opDons to find/good network

19. Cons
1) high costs in equity?

20. Cons
1) high costs in equity ?
2) rare follow on rounds

21. Cons
1) high costs in equity ?
2) rare follow on rounds
3) more limits from angels

22. Cons
1) high costs in equity ?
2) rare follow on rounds
3) more limits from angels
4) acDve company involvement?

23. Cons
1) high costs in equity ?
2) rare follow on rounds
3) more limits from angels
4) acDve company involvement?
5) “bad angels”

25. Startup Criteria:
1) Team
- founders
-employees
- advisory

26. 2) TracDon
- customers
- products
- traffic
Startup Criteria:

28. 1) CommunicaDon
- fast answers (even «NO»)
- fast pitch and demo (no long conversaDon during months)
- other startup references
Angel Criteria:

29. 2) Documents
- no business plans; no NDA (almost)
- converDble note (w/CAP) or equity less than 20%
- no complex SHA (use YC SAFE instead)
Angel Criteria:

31. Pre-seed investment examples

32. Thank you
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