Publisher's Synopsis
An incredibly practical guide, these courses cover all of the key issues to help you become an active, successful angel investor. There are two main sections in this book. The first section includes the slides for an in-depth, 2 hour class that we call "Angel 101." This class will introduce you to six key topics that all angel investors need to understand as they make investments and ultimately build a successful portfolio of early stage companies:
- What an angel is and where they invest
- Financial concepts used to build a successful angel portfolio
- The angel investing process from start to finish Where to find interesting investment opportunities
- Why it's important to undertake due diligence before investing
- The importance of investing both financial and human capital
The second section includes the slides for an in-depth, 2 hour class that we call "Angel 201." In this course, we dig deep into helping you understand the basic concepts involved in negotiating a deal with an early stage company and how these companies are financed from inception to successful exit. The course will provide detailed material in six main areas:
- Introduction to investment deal terms on a termsheet
- Introduction to establishing a fair valuation
- Company capitalization tables
- Thinking about later follow-on rounds
- Ways in which companies return capital to investors
- Some key angel-focused tax issues
In addition, we include full instructor speaker notes and an appendix with tools and templates to help facilitate understanding angel investing. By mastering the materials in this book, you should be confident in launching your angel career and building a profitable early stage company portfolio.
