Tag Archives: Angel Investors
Respect the Stick
The hockey stick, that is. High impact entrepreneurs know – or learn pretty fast – that most angel and even most venture funds outside of the major venture centers take a perverse satisfaction in telling entrepreneurs that they are being … Continue reading
Angel Investing Outside of the Major Venture Centers: Special Challenges
High impact angel investing in the major venture capital centers is not without its special challenges. That said, problems like a target rich environment of experienced entrepreneurs and a plethora of alternative funding options are, as they say, pretty high … Continue reading
Thoughts on Why Good Venture Investors Turn Down Good Deals
If you know anything about venture capital investing, you probably know that most plans that come across the desks of venture capitalists (and angels, for that matter) are not fundable. That is, they are of so little merit that no … Continue reading
Understanding the Limits of Convertible Debt Seed Financing Structures
While Convertible Debt with a “kicker” of some sort (typically either in the form of warrants or a discount on the conversion price) was first used primarily as a structure for bridging companies between rounds of traditional venture capital financing, … Continue reading
Thoughts on Convertible Debt Valuation Caps
Convertible debt with an equity kicker – typically either in the form of warrant coverage or a discount on the conversion rice – is a common vehicle for seed stage financings. As people on both sides of these deals have … Continue reading
The Good Angel Investor (Part 2): After the Closing
In Part 1 of this post, I focused on issues entrepreneurs and angels should think about as a seed deal comes together. Today, I want to focus on how angels can engage with entrepreneurs after the money changes hands. Foremost … Continue reading
Convertible What?
For some time, now, convertible debt has been the poison of choice for seed financings by angel investors. Basically, these deals involve the investor providing capital in exchange for a note that automatically converts into equity at a future financing … Continue reading
The Lean Life Sciences Startup and the Minimum Viable Milestone
The “lean startup model” is all the rage in the entrepreneurial world these days, and well it should be – for the right kind of startups. Which is to say, for startups that can realistically talk about delivering the model’s … Continue reading
Foundational Issues for Prospective Angel Investors
The angel investment community in Wisconsin has been growing steadily for several years now, and given the limited availability of professional venture capital in the State this is good news. My purpose today is to offer some of the newer … Continue reading
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