Ten Ways To Attract Angel Funding
The papers are filled with scary statistics. Here are a few more for entrepreneurs on the hunt for capital from angel investors–those loosely banded groups of deep-pocketed individuals
looking for the handsome returns that only risky, early stage investing can (sometimes) bring.
According to the latest data from AngelSoft, which pairs entrepreneurs with angel groups in a particular city or ZIP code, only about one out of 100 companies that make a formal request for angel funding manage to secure the capital. Among the axed, three-quarters never make it past the initial screening process; of those that do, more than half are eliminated during live presentations and discussions, and another 10% during the following due-diligence process.
It’s a brutal gauntlet. While there are no guaranteed strategies for success, you can boost your chances of survival. Over the past decade, I have had the opportunity to see how the process works, several times from the start-up side, and more recently from the angel perspective. Read full story:








