-NIKITA GOYAL 104128

-NIYATI BHATT 104136

-PUNIT AGRAWAL 104140
Angel investors are those investors who invest
their personal capital directly in start-up stage.


Individual private investors who invest in
entrepreneurial companies are commonly and
affectionately known as "angel investors".

Angel financing is a process of raising capital for
companies at earlier stages of development and
for whom traditional financing resources are
not available.
Angel financing is alternative source of capital
because:-
No Capital, No Start-Up.
No Capital, No Expansion.
No Capital, No Survival.
Discovery
Proof-of
Concept
Product
Design
Product
Developmen
t
Manufacturing/
Delivery
Idea Pre-seed
Funding
Expansion/Mezzanine
Source of Capital
Friends and
Family
Angels
Seed Funds
Venture
Funds
Founder
Institutional
Equity
Loans /
Bonds
Angel Groups
Seed
Funding
Start-up
Funding
Prototypical angel investors, who invest in entrepreneurial,
start-ups
They are generally about 40-60 years old
They have high income and wealth
They are generally well educated
They have succeeded as an entrepreneur, and invest in
company.
They invested in companies that are in the region where he or
she lived
His income typically exceeds $100,000
His net worth in excess of $1,000,000
He has previous successful entrepreneurial experience








He is expected to hold on the investment for up to
five to seven years (but some angels wish to "cash
out" after only a few years)
He enjoys advising the entrepreneur and likes to be
part of the action
He invests $25K to $250K but may participate in a
"syndication" of other angel investors
He tries to refers deals to other private investors
even if the angel has chosen not to invest
Generally likes to invest in an industry with which
the angel is familiar
He sources deals through referrals



Angels VCs
Funding amounts $25K to $1.5M $500K and above
Motivation to Invest Not just return driven
Strong emotional component
Often likes to be a coach, Bragging
rights
Mostly return driven
But some adjustments for other VCs and Entrepreneurs
Accessibility Prefer anonymity
Reachable via referrals or groups
Highly visible
Prefer to only look at deals referred from their networks
Geographical focus Regional, with in a 4hr drive Regional, National, International depending on firm
Key reasons to invest Personal chemistry with Mgmt
Detail Plan with large markets
Sustainable competitive advantage
Nearly developed product
Some operating history with a strong experienced team
Sustainable competitive advantage
Investment vehicle Common or Preferred Stock
Occasionally convertible debt
Preferred Stock
Long term value
added

Operational experience
Common Sense advice
Specific Industry expertise
Experience in managing growth
Deep pockets
Networks for additional capital
Experience in managing IPO or sale exits
Reaction to bad news Roll up sleeves and help to solve the
problem, Open up rolodex
Intense communications and coaching
Open up rolodex, Help structure new financing or mergers
Fire management
Target exit time 5 to 7 years 3 to 5 years
Target Returns 15 to 25% IRR 20% to 40% IRR
Relevant Industry
Experience
Relevant Entrepreneurial
Experience
Operational
Expertise
Angel
Guardian
Angel
Financial
Return Angel
Professional
Entrepreneur
Angel
Lower
Higher
Lower Higher
Friends and Family
Other Entrepreneurs who you worked
with in the past
Services providers Attorneys,
Accounting firms, etc
Angels Online
Angel Groups
Investment Conferences
Its all about Networking! There are no short-cuts!
Readiness is all about preparation
The business idea and strategy needs to be fully thought out,
including:
In depth understanding of the markets and applications
A clear picture of the product or service with features, functions and
customer benefits along with a description any protected inventions or
IP.
Knowledge of the competitive landscape
A clear execution plan
Sales and marketing plan
Financial Forecasts
Funding offering and planned use of funds
Investor Communication/Sales tools
3-5 page Executive Summary
10 minute PowerPoint Investor presentation
30 page detailed business plan
Individual Angels or Investor Groups based use
many different methods for evaluation and analysis.
All come down to the Evaluation of Risk:
Management Risk
Market Risk
Product Risk
Financial Risk



Received its initial investment capital from Mike
Markkula (executive with Intel).
Year 1977
Markkula invested $91,000 and personally
guaranteed another $250,000 in credit line.
When Apple went public his stock in the
company valued $150million.

In year 1988 it received its first investment
from Sun Microsystems cofounder Andy
Bachtolsheim to Larry Page and Sergey Brin
(Googles Cofounders)

Investment of $100,000 was funded.

The Indian Investment Network is a website created
to help in finding investment opportunities located
locally and globally.
Their service is completely free to angel investors
and after they register, they will get access to a
network of thousands of business proposals in India
and around the world.
They can search for opportunities on the site and
angel investment network will email them business
summaries that match their investment criteria
(such as budget and industry sector), making it the
perfect place to find a suitable investment
opportunity.

Indian Investment Network is specifically
designed to help us find the capital we need to
start or grow our business.
We can post our funding request to our network
of over 24,000 investors and business angels
around the world, and gain instant access to the
contact details of all interested investors.
It make 5,000 entrepreneur-investor
connections each month and have a long list of
testimonials from happy clients to prove it
works.

How does it work?
The Indian Investment Network is a website created
to help you find investment opportunities located
locally and globally.
Our service if completely free to angel investors and
after you register, you will get access to a network of
thousands of business proposals in India and
around the world.
You can search for opportunities on the site and we
will email you business summaries that match your
investment criteria (such as budget and industry
sector), making this the perfect place to find a
suitable investment opportunity.

According to a report by Colin Mason, there is a wide
range in overall angel deal size, ranging from less than
25,000 to over 1m (the two biggest being deals of
5.8m and 18m). However, most deals are in the
50,000 500,000 range. Fewer than 10% of deals
were for 1m or more. LINC Scotland investments are
slightly larger, with 51% of 200,000 or more compared
with 45% of BBAA investments.
Deal sizes were smaller in 2009/10 than in 2008/09:
56% of BBAA investments in 2009/10 were under
200,000 compared with 48% in 2008/09. This was
even more extreme in the case of LINC Scotland where
49% were under 200,000 compared with only 36% in
2008/09.
OAO is part of the Oregon Entrepreneurs Network
(OEN)
Provides a Web-based portal for Oregon companies to
showcase their companies by posting an executive
summary to be viewed/considered by OEN member
investors
Members of the Portland Angel Network and the
Women's Investment Network (90 angels) have
automatic access.
Unsuccessful applicants will receive feedback on
improving summary for future consideration
Complete info at :
www.oen.org/membership/oao_about/
Angel Group Location Costs URL
Alliance of Angels Seattle $45 to apply
$30/Attendee
www.allianceofangels.com
Keiretsu Forum (Seattle
chapter)
Seattle and Kirkland $0 to apply
$1500 to present
www.keiretsuforum.com

Northwest Energy Angel Group Seattle and Portland $100 to apply
$0 to present
www.nwetc.com/nweangels.php
Portland Angel Network
And the OREGON ANGEL
FUND
Portland $50 to apply
$0 to present
www.oen.org/programs/pan/

Portland Venture Group Portland $0 to apply
$250 to present
glennjsmith@yahoo.com

Puget Sound Venture Club Seattle $0 to apply
$150 to present
www.pugetsoundvc.com

Seraph Capital Forum Seattle $0 to apply
$150 to present
www.seraphcapital.com/

Tacoma Angel Network Tacoma $0 to apply
$250 to present
www.tacomaangelnetwork.com

Women's Investment Network Portland $50 to apply
$0 to present
www.oen.org/programs/win/
The Zino Society Seattle $0 to apply
$1500 to present
www.zinosociety.com/
Conference Typical Timing Website
Angel Oregon February 22, 2007 www.oen.org

Early Stage Investment
Forum
April
www.nwen.org/esif/esif.htm
The Zino Society
Conference

September
www.zinosociety.com/

The Bend Venture
Conference
October
www.bendvc.com/
Venture NW

November www.oen.org

Seed Oregon

Sept - Jan www.oen.org
The number of Angel Investors which was
around 258,200, has in creased dramatically
over the past decade.
It is due to high returns which was around 35 to
40 % that to in their neighborhood.
In 2007, angels invested $26billion in 57,120
small companies and venture capitalist
$29.9billion in 2,648 deals.


% of share of overall Angel Investment
Software
Health care services/ medical devices and
equipments
Biotech
Industrial/Energy
Retail
Media
Others

Thank
You