Book description
Angel Financing for Entrepreneurs
will give you the information you need to understand how angel
investors think, as well as how to identify investor expectations,
understand the investment analysis process, and prepare for
post-investment requirements. Written by Susan Preston, an experienced
angel investor, worldwide speaker and consultant on angel financing, and
former Kauffman Foundation Entrepreneur-in-Residence, this hands-on
resource, explains the factors that determine how private equity
investors spend their money and what they expect from entrepreneurs. For example:
- Most venture capitalists do not invest in seed or start-up
financing rounds
- Investors typically require seasoned management, with successful
start-up experience
- Investors are looking for entrepreneurs with passion for their
ideas and the willingness to take and apply sound advice
- Business plans must be well-written with detailed financial
projections that extend 3-5 years
- Investors are looking for a clear path to profitability in the
business model
- Entrepreneurs must have developed a corporate structure that is
clean and uncomplicated
- And much more
Susan L. Preston
is recognized as an international expert in, and lecturer on, angel
financing, and has been an Entrepreneur-in-Residence with the Ewing
Marion Kauffman Foundation for several years focusing on issues related
to angel investors and angel organizations. Her previous book on angel
organizations was published by Kauffman Foundation. She is also a
founder of Seraph Capital Forum, the first all-women angel investment
group in the U. S. Susan is also the architect of legislation for a
Federal income tax credit for private equity investing to support
development of young companies through providing angel investors with
tax incentives.