We try to have every release bring something special and useful to our users - but in our view this last release has been extra special.

For a complete list of updates click here. Below are some highlights:


OPEN DEALS

Deal sharing and syndication between groups has long been a major benefit of working together on Angelsoft, but what if you’re not sure who might be interested in co-investing a specific deal? Introducing Open Deals, where Group Managers can post deal notices that any of the over 300 angel groups who use Angelsoft can respond to.

  • Post a Deal Notice to Open Deals - Got an interesting deal, but not enough interested investors in your group? Post a notice to the Open Deals space, where over 300 angel groups worldwide can see it. The notice will include the application and a note from you, but none of the attached documents or entrepreneur’s contact information. Interested group administrators will be able to contact you directly from the deal page.

  • Browse & Review Deals - Open Deals also has a number of deals submitted directly by Entrepreneurs. Sort by distance, industry, average ratings, or number of views. Watch videos and read business summaries. Rate and review a deal to share your view with the Angel community.

  • Refer a Deal to Your Group - When you see an Open Deal that seems interesting, you can refer it to your group with one click! The deal will be added to a special sub-folder of your New Submissions.

  • Request to Co-Invest - Found a great deal shared by another group on Open Deals? Write a quick note to the group administrator who posted it, and let them know you are interested! In case there’s a good fit, they will be able to share the deal with your group with one click!

  • Continue as Usual - Open Deals is an open directory completely separate from your group that you can use to gather additional investment for a deal or augment your dealflow during a quiet month. None of your deals will EVER be displayed there unless YOU submit them.



ENHANCED DEAL SYNDICATION

Sharing deals with groups and individuals has been simplified in this release. We added:

  • Sharing Options Page - Angelsoft offers a variety of ways to share deals with others: referrals, co-investments, adding guests, and Open Deals. On the new Sharing page, we clearly explain each option.

  • Sharing Drop-down Menu - We have collected all sharing options under a single Share drow-down menu, available on the Deal List and the Deal Dashboard. Now you can share quickly, share easily, and share often!

  • Refer/Co-Invest by State - Referring and Co-Investing now lets you look at the group list according to country and state. Discover groups in your vicinity, and share your deal information with them directly!

  • Co-Investment Improvements - Co-Invested deals from another group will now show your group’s logo, and not the logo of the originating group.



DECLINED DEAL EMAILS

We believe that entrepreneurs deserve to get an email when their application has been declined. And you deserve an easy tool to send them with:

  • Create a Declined Note Template - Create a Declined Note template directly from Group Preferences, and use it as a basis for every declined notice.

  • Send Individual Declined Emails - When moving a single deal to the Inactive folder, you will be given a chance to write a personalized note to the entrepreneur, based on your template.

  • Send Bulk Declined Emails - When moving multiple deals to the Inactive folder, you will be given a chance to write a generic declined note based on your template and send it to all the right entrepreneurs.



FULL SPEED AHEAD!

As always, we strive to make Angelsoft faster, more reliable, and more enjoyable for our users. This time we worked on cleaning some old code, to improve speed and responsiveness.

  • The Deal Dashboard - The Deal Dashboard now loads faster than ever!

  • Deal Messages and Documents - We have optimized Deal Messages and Deal Documents to allow for faster loading.

As always, we look forward to your feedback, and hope that you will benefit from these new features!
Please visit our blog and sound off, if you’d like to share your comments with others.



–The Angelsoft Team

Eran Dror :: Apr.07.2008 :: Angelsoft 2.0, New Features, Release Notes, Upgrade ::