If so, you’d be wrong—and if you’re an entrepreneur looking for angel funding, the mistake could cost you dearly.
In 8 Reasons All Angel Investor Money May Not Be Equal, Martin Zwilling identifies eight types of investors you should be wary of—including shark angels, litigious angels, superior angels, control freak angels, tutorial angels, has-been angels, dumb angels and brokers posing as angels—and provides suggestions for mitigating the risks.
But maybe you’re not ready for funding. It still pays to be informed as angel investors are the major source of outside funding for startups and young ventures. The Angel Capital Association has published FAQs on Angel Investing to help you understand the process.
When you’re ready to pitch, there are a number of great online resources to help you develop your presentation, including David S. Rose’s classic TED U talk on how to pitch to a VC or angel investor. You might also check out 5 Must-Have Presentation Tips For Pitching To Angel Investors by Forbes contributor Carmine Gallo or Entrepreneur’s 5 Tips for Customizing Your Pitch for Every Investor by Adam Lieb.
And for the local perspective, join us on April 3, 2014 for our not-to-be-missed Venture Lab program, Meet the Angels. This perennial favorite is once again moderated by Rebecca Lovell, the new Startup Liaison for the City of Seattle and a mentor for Tech Stars and the Founder Institute.
Rebecca is joined by panelists representing all of the major angel networks in our region. You’ll hear their perspectives on what makes a fundable business and the kinds of ventures and entrepreneurs each prefers—plus they’ll take your questions.