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How To Deal With Angel Groups

Published: 8/24/2007 10:13:28 AM

This is the second installment in a series about how to deal with angel groups if you're an entrepreneur seeking funding.  Today's topic will be about the beginning of the Process.

In my view, one of the values of dealing with angel groups is that they usually have a process of evaluating the merits of an investment in your company.  Usually, the beginning of the process involves you sending them an executive summary or filling out an online form(s) designed to help the angel group compare your business to others in a format they are comfortable with.

I highly recommend that you work hard to provide your information in the angel group's format, even if it is more work for you.  It is essentially "speaking their language."  If you want to create the impression that you are easy to work with and establish a relationship with, this is your first test!

So do everything you can to cooperate with their initial information requests.  It's the best way to start off on the right foot.

Don Jones

VentureDeal

 

Don Jones
CEO, VentureDeal

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