Do I have to fill out all of this information?
Yes.
The best way to make your deal stand out is to take the application process seriously. This is the only document that investors care about, and they will not read your business plan until much later in the process.
We have found that entrepreneurs who feel ignored after they submit, have spelling mistakes, don’t fill out EVERY section of the application including financials, don’t understand the type of deals Angels invest in (1,2,3), and lacked a video pitch. All of these are vitally important opportunities for you to get an investors attention. You are competing against deals that have all of these components filled out perfectly; make sure you have given that level of consideration to your own application.
Do not put 0 as your valuation. Valuation is negotiating term, and it will be adjusted as you work with an investor. However, investors want to know where your head is at on this issue. They also want to know that you have taken the time to understand the funding process enough to know the types of valuations that investors go for. There is an Additional Information field below valuation that you can use to explain your valuation further.
Jason D. Schwartz :: Mar.08.2009
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I think people must first research before writing.
we were most definitely peaceful, happy, loving ... content.
You're questioning the integrity of the organization that was first to report on the tsunami's xxxxxxxxxxxx to Oprah?
thanks for letttin me know how to do dis i appreciate it
I love your site and the article is useful!
which one would be the end key the red one?
You are a very paranoid man
thank you so much
Thank you for the information
The article is very professionally written. I enjoy reading every day
good url!
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I have recently tried to update my application at SATAI,but it seems that
some one else keeps changing my updates back to the old info.
and sometimes i get a msg.box saying that some one else is simultaneously trying
to enter information while i'm trying to enter updates.
Does Angelsoft have the ability to monitor who else may be tampering with the site?
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While the documents are not mandatory by default, some of our angel groups require them before screening your application.
If all the documents are in 1 presentation, upload it and make sure to point out, in your application, that all the necessary information is in the presentation.
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Investment groups have different criteria for the valuation range at which they’ll invest. Valuation can be thought of as “how much is my company worth?” or “how much would someone be willing to pay for my company today?” Angel investors typically invest in valuations in the $500K-$3M range. VCs typically invest at $3M+. Valuation affects the percentage of the company the investor is receiving, and will be a negotiating factor during investment talks. If this marks the first investment in your company, you can use this equation: (investment amount)/[(valuation)+(investment amount)] = the percentage of the company you’re ceding to your investors.
you can check the following Excel file for more information on calculating valuation: http://www.alaskainvestnet.org/documents/cap_tables.xls
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How to calculate the pre money valuation? Is it the invested money in the innvative product?
Bcz it is clear how much we have spent, but the value of project/company after developing the product needs a financial expert and as far as I know, there are different methods in financial ins. to do it.
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I really am impressed with the structure of your website. But, it does present a problem and not sure how to deal with. I represent a client who is in the midst of a USD5,000,000 A Round private offering. He has successfully sold equity in private companies in the past, and his current company already has a successful track record, so he knows what he's doing. Before he will permit me to post all the particulars of the PPM and Business Plan he will require that someone on your end sign and fax back a NCND Agreement. How would you suggest this dilema be handled?
J. Rick Normand
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It would be great if you could adress this issue by suggesting how one can go about obtaining this before submitting sensitive information.
Respectfully,
Tarik Dahir
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Thank you for your feedback. Most of our Angel Investors would not sign an NDA as they may receive submissions from competing companies.
However, we recommend that, if you have proprietary technology and other sensitive information, you explain how it works without details and, if a group is interested, they will send an expert that will sign an NDA and assess your technology.