Angel Forum Vancouver

Angel Forum Vancouver - Ideal Startup Investment

What is the problem you are trying to solve? Clear identification of market need that is large enough for the company to grow. For example, annual sales of $10+ million in 5+ years is reasonable. Able to establish a leadership market share or a one year goal of 20% EBITDA margin. Less growth potential may also be acceptable depending on market and valuation metrics.

Your solution: Your products/services are unique with a clear economic value proposition. They are hard to copy with sustainable protectable competitive advantages (proprietary technology, intellectual property, regulatory restrictions, high customer switching costs, more users increase product value or other barriers to competitor entry) and differentiation from competitors. Is your solution at development stage, have some sales or $1+ million in sales? And have follow-on products in development?

Market Interest: Earlier stage firms with clear protect-able intellectual property are of interest. Ideally you should have customer letters of interest, be in beta trials or have purchase orders from potential buyers. Or you have customers who have already paid for your products. You must have a compelling strategy in defining your market segment, for commercialization, how do you sell to your market, obtaining and keeping a significant market share.

Management Team: an experienced and passionate team (not necessarily complete, but not a one person company) with relevant industry expertise and a clean reputation. Must demonstrate that they are coachable, what management help they need and how an investor can help grow the company to be a success. Management should be based within 3 hours travelling time from Vancouver (includes Alberta and Seattle area companies) and have a Due Diligence binder ready for investors. Applicants will be asked for references and their existing Investor Presentation.

Financial: Already raised funds from family/friends as high as $50,000 and ideally grants from a third party (i.e. NRC-IRAP, SR&ED etc.). Has a well prepared investor presentation (from attending preparation seminars such as Investor Ready) with a realistic future financing plan and investor exit strategy. Company valuation must be justifiable (usually less than $2 million for a pre-revenue company or <3x revenue for a revenue company. If you value your company at $1 million, show how it can be turned into at least $10 million valuation within five years.

Angel Forum Vancouver Invests In These Industries

Angel Forum Vancouver Invests In Companies That Have Reached The Following Milestones

Angel Forum Vancouver Invests In Companies With These Funding Needs

• Pre-money Valuation: $100,000 - $2,000,000
• Capital Seeking: $100,000 - $1,500,000
• Previously Raised: $50,000 -

Angel Forum Vancouver Expects Their Investments To Generate

• Expected Revenue By Year 5: $25,000,000 - $50,000,000
• Expected Returns: 15x Investment - 30x Investment
• Expected Years to Exit: 2 Years - 6 Years
• Expected Years to Break Even: 2 Years - 3 Years

Angel Forum Vancouver Investment Portfolio