2009 GOA Success Stories
Hyper-Werx
Austin Based company that
provides Raptor operating system for parallel computers---Will
Braswell, CEO-512-260-3014 Working Capital from Santa Fe
Angel
Clearwave
Inc
Atlanta based
company offering medical kiosks…Gerard White CEO…250k
capital from Atlanta Angels---678-738-1136
Deep
Liquidity
Austin based
company that has developed a trading platform for block
trades under current markets. CEO Sam Balabon—512-585-4589..Capital
from Santa Fe Angel
Travel Outlook
Santa Fe based
company offers search engine optimization for travel &
leisure sites. John Smallwood, CEO-505-982-0039. Capital &
resources from Santa Fe & NYC Angel
CPT
Medical
Atlanta based
medical supplier of “Emergency Room Packs”—Connie Liesman,
CEO-770-377-8279. capital from Atlanta
Berrendo LLC
Santa Fe based
Water Pipeline project—Ron Green, CEO-575-317-2646, 2MM in
capital via Santa Fe based Investment Banker with NY bank.
Deep
Liquidity
More capital from
another Santa Fe Angel, Sam Balabon, CEO-512-585-4589
Wildcat
Group-aka Cellular Blowout
Online unbranded cell phone retailer received 1.2MM through
Atlanta based Investment Banker—CEO David
Bleeden-818-889-1789
RPost
LA based Registered e-Mail company gets 280k from Atlanta
Angel—CEO Kafar Khan-310-864-2134
DID YOU KNOW?
Angel capital fills the gap in start-up
financing between the "three F"s (friends, family, and fools) of
seed capital, and venture capital. While it is usually difficult to
raise more than US$100,000 - US$200,000 from friends and family, most
traditional venture capital funds are usually not able to consider
investments under US$1 - 2 million. Thus, angel investment is a common
second round of financing for high-growth start-ups, and accounts in
total for almost as much money invested annually as all venture capital
funds combined.
From Wikipedia, the free encyclopedia
Angel
investors are individuals who invest in businesses looking for a
higher return than they would see from more traditional
investments. Many are successful entrepreneurs who want to help
other entrepreneurs get their business off the ground. Usually
they are the bridge from the self-funded stage of the business
to the point that the business needs the level of funding that a
venture capitalist would offer. Funding estimates vary, but
usually range from $150,000 to $1.5 million.
The
term "angel" comes from the practice in the early 1900's of
wealthy businessmen investing in Broadway productions. Today
"angels" typically offer expertise, experience and contacts in
addition to money. Less is known about angel investing than
venture capital because of the individuality and privacy of the
investments, but the Small Business Administration estimates
that there are at least 250,000 angels active in the country,
funding about 30,000 small companies a year. The total
investment from angels has been estimated at anywhere from $20
billion to $50 billion as compared to the $3 to $5 billion per
year that the formal venture capital community invests. In fact,
the potential pool of angel investors is substantially larger.
There are about two million people in the United States with the
discretionary net worth to make angel investments.
From Small Business
Notes
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Your Source for Angel Investors
The Gathering Of Angels is an Angel
Investor
Forum where 6 companies present with PowerPoint for 20 minutes each
followed by 2-5 minutes of Questions & Answers. Accredited Angel
Investors, VCs and Investment Bankers attend our events complementary.
Each GOA presenter pays $2500 presentation fee with no % of
angel capital raised.
Included in the GOA presentation fee is 3 hours of virtual coaching, mentoring
and consulting from GOA CEO Tarby Bryant to insure that your presentation is
clear, concise and defensible.
We also
provide coaching on capital & corporate structure, valuation,
cost of funds, exit strategies, mgt. Team and other
presentational enhancements to your PowerPoint efforts.
Tarby,
On behalf of our shareholders and employees, I wanted to personally
thank you for the support you provided to Clearwave. Clearwave was
able to successfully raise money because of your coaching, focus and
determination. There are not many avenues in which small companies
like Clearwave can raise money; however, you provide a vehicle that
allows it to happen quickly. Thanks again, and our team will always
consider you a great partner.
Regards,
Gerard White
CEO, Clearwave Corp.
Atlanta
Gathering of Angels
Angel Investors are really “Value Added Investors”
You have funded your
start-up company yourself from idea to first customer and drained all
your savings, 401k plans and retirement nest egg to bring your great
idea into reality. Your family and circle of friends have been
supportive but not financially. Now is the time to seek out Angel
Investors who your currently do not know and present your business plan,
executive summary and 15-20 slide PowerPoint presentation to Angel
groups across the country. Angel Investors reside in big cities and
resort/retirement communities across the USA and will, myth not
withstanding, invest out of their local area into companies with great
potential, huge untapped markets, strong management teams, clear exit
strategies and reasonable valuations.
CONTINUE READING
Angel on Board: Challenges of Structuring a Seed
Financing Round
By Stephen M. Goodman
Pryor Cashman LLP ©2009
It has become a cliché that
capitalism is a process of “creative destruction”, a
phrase first coined by the economist Joseph Schumpeter. While the
economic carnage of the current recession clearly demonstrates the
“destructive” part of this phrase, turmoil such as this frequently
fosters entrepreneurial “creativity”, giving rise to new business ideas
and models. But new ideas can only become real businesses if the
entrepreneur can get financing.
CONTINUE READING
Is Angel Capital or
Venture Capital best for your immediate Capital Needs?
Entrepreneurs know they
need capital to expand their respective businesses and add inventory or
add staff to handle new channels of distribution. Our banks often are
unprepared to handle this need and equity capital is required to take
the firm to the next level. For capital needs from $100,000 to 1.5M, I
suggest Angel Investors over a Venture Capital Firm whose funding
normally starts at 5M. Angels normally write checks from 50k to 1.5M and
often go together with the Entrepreneur and join his/her Board of
Advisors or even Board of Directors. Angel Investors are also a lot
faster in their decision time from first introduction to writing a check
is normally 1-15 days following reading the business plan, making a few
calls to confirm markets, mgt team and valuation issues.
Angel Investors at the
Gathering of Angels come together monthly in different cities like Santa
Fe, Atlanta , Hilton Head SC and Scottsdale and listen to 4-6 young
companies present for 20 min each with PowerPoint + 2-5 min of Q&A. The
Angels listen to the presentations, read and evaluate the 1-2 page
executive summary and if interested, ask for full business plans to
review, do limited background checks and talk to informed friends and
advisors and then decide to invest or to pass.
What the Angel Investor
gets in exchange for his/her capital investment is a function of the
valuation of the young company. Valuation is a measurable science even
for a pre-revenue company and is the real art of Angel Investing and
proper distribution of equity interest in the young company.
RECENT PRESENTERS
|
The
Gathering of Angels
Tarby
Bryant - CEO
Sweetwater Capital
Resume
We are your source for angel
capital, seed and early stage capital, start-up capital, venture capital, and
first round financing.
The Gathering of Angels is a monthly meeting of private, high net-worth
Angel Investors, also referred to as "Angels," venture capitalists and merchant
bankers. The event is hosted by Tarby Bryant, Chairman of the Sweetwater Capital
Corporation. The mission of the Gathering of Angels is to provide first stage
"seed level and angel capital" financing to startup and early stage firms.
What is an Angel Investor?
Do you need Angel Capital?
10 Tips For Presenters
-
You should understand that private
equity is a class of investment, and that most early stage
entrepreneurs are better suited for investment from private
investors ("angels"), than from professional venture capital
partnerships.
-
You should create a business plan that
emphasizes your sustainable competitive advantage.
-
You should accept the fact that having
"a good idea" is often not enough to raise capital from
private investors, and you should do your homework to
provide "proof of concept" for your venture.
CONTINUE
READING
Angel Investor News Review
G-2 Issue 14
Tarby Bryant -
Gathering of Angels
G-2
Issue 13
Tarby Bryant -
Gathering of Angels
G-2 Issue 12
Tarby Bryant -
Gathering of Angels
G-2 Issue 11
Tarby Bryant -
Gathering of Angels
G-2 Issue 10
Tarby Bryant -
Gathering of Angels
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