Angel Financing for Entrepreneurs
Early-Stage Funding for Long-Term Success
1. Edition April 2007
384 Pages, Hardcover
Wiley & Sons Ltd
Short Description
"Angels" are high-net-worth individuals who invest their personal wealth in start-up companies. Angel investing has overtaken venture capital as the funding of choice for start-ups, and Kauffman Foundation Entrepreneur-in-Residence Susan Preston is the public face of angel investing. With extensive lists of contacts, worksheets, sample business plans, and proposals, Preston has assembled a must-have reference for any entrepreneur - the definitive guide to angel organizations and networks for any business.
Praise for Angel Financing for Entrepreneurs
"If only the entrepreneurs pitching my Dinner Clubs and others in our alliance of angel groups had had this wonderful guide to the murky world of angel investing when they approached us! Clear, concise, chockful of facts and contacts, a great resource!"
-John May, chair, Angel Capital Association; manager, Active Angel Investors;and author of Every Business Needs an Angel
"Susan Preston is the entrepreneur's best friend. She has an incredibly sharp intellect, added to by her years of experience in angel investing, business, and the law. Sue possesses that rare combination of great knowledge and down-to-earth practicality, and smart entrepreneurs will pay close attention to her teaching and her advice."
-Susan P. Strommer, president and CEO, National Association of Seed and Venture Funds
"Entrepreneurs and angels alike will generate a strong return on their investment of time in reading this complete primer on seeding a venture for success. Susan Preston is an expert on angel investing and entrepreneurship, and it shows in this lucid survey of everything an angel or entrepreneur needs to know when seeding a venture."
-Ian Patrick Sobieski, managing director, Band of Angels and Band of Angels Fund, LP
"This is the BEST book I've seen to help both entrepreneurs and investors with invaluable advice on how to be successful in this marvelous free-enterprise system of ours. Susan speaks from first-hand knowledge and experience and is a top expert in this field with practical, insider tips you won't find anywhere else."
-Bob Geras, president, LaSalle Investments with 40-plus years of experience asan angel investor and venture capitalist
"An invaluable resource for both angels and entrepreneurs. Susan Preston puts it all together in one easy-to-read, well-organized, and practical book."
-Susannah Malarkey, executive director, Alliance of Angels and the Technology Alliance
1. Introduction.
2. The Basics About Angel Investors.
3. Private Equity Investing.
4. Understanding Your Funding Needs.
5. Looking for Angels and What Angels Are Looking For.
6. Preparing for Investors.
7. Making the Match.
8. The Investment Process.
9. After the Investment.
Appendix 1.Glossary of Terms Related to Private Equity and Debt Financing.
Appendix 2. Non-Disclosure Agreement (Mutual).
Appendix 3. United States Securities And Exchange Commission Regulation D.
Appendix 4. Angel Organizations in the United States and Canada.
Appendix 5.Angel Organizations in Europe.
Appendix 6. Due Diligence Checklist.
Appendix 7. Due Diligence Interview Questions.
Appendix 8. Convertible Promissory Note.
Appendix 9. Angel-Entrepreneur Internet Matching Sites.
Appendix 10. Experts' Profiles.
References.
Acknowledgments.
About the Author.
Index.