There they gave a great 30 minute presentation about how prospective angels should find deals, work with portfolio companies, and approach angel investing in general (I won’t spoil their grand finale, but suffice it to say that the last five minutes of their presentation should be mandatory viewing for every past, present and future angel investor on a monthly basis.)
But don’t take my word for it, listen for yourself:
This is an overview of all the tools we provide for configuring your the entrepreneur funding request application for your specific group. You may want to do this when you first setup Angelsoft, or over time as you learn more about how entrepreneurs are answering specific questions
2) Adding Deals:
Here we’ll cover how to get your deals into the Angelsoft platform. Entrepreneurs can submit their fulll profiles to you directly, but you may want to back load some deals, or track your own information.
3) Setting Permissions/Deal Access:
An introduction to the last of the top level tabs, the Community. Definitely the place to start if you’re looking to find deals or to find new co-investors from the Angelsoft investor community at large.
This is an overview of all the tools on the “My Groups” tab. It covers the Deal list, Group Document Vault, Group Messages, Events, and Member tabs.
2) Deal Tools:
A basic overview of the tools we provide on the deal level. Each deal has a dashboard, documents vault, message forum, and a deal history tab. This video will give you a quick tour.
3) Investor Community:
An introduction to the last of the top level tabs, the Community. Definitely the place to start if you’re looking to find deals or to find new co-investors from the Angelsoft investor community at large.
You can create a deal in Angelsoft by sending or forwarding an email to your drop-box email (newsubmissions@YourGroupName.angelgroups.net ).
Remember these simple rules to maximize your use of the drop-box email:
The subject of the message will be the Deal Name.
The files attached to the email (up to 10MB) will go in Documents.
The body of the message will be posted under Messages.
This will speed things up, and allow you to start tracking ALL your deals in Angelsoft.
For a more advanced option, you can also add ::referral source to the subject line, to indicate the person or organization who referred the entrepreneur to you. For instance, if a company named ABC General was introduced to you by Sam Smith, then the subject line should be: ABC General::Sam Smith.
Go to My Groups >> Admin >> Preferences >> New Submissions.
By default you have a row for Group Admins, and a row for Group Members. Also you will se a row for any of the subgroups you may have already created in the system. (for instructions on creating and managing Subgroups please Click Here).
In the first column, you choose which subgroups should have access to all New Submissions. In the second column you choose which subgroups should receive the New Submission Notifications.
1. Send an email invitation
2. Do not send an email invitation
Both options create the new user profile with the person’s unique username and password. The email invitation sends the new user their password info.
By not sending the email, Angelsoft generates the new user profile, username and password just as before, only we do not send the email to them, which you can send later at any time.
You may type your own personalized note in the email, and you may send yourself a test email to see what the new user will receive.
You can create as many new users as you require.
At the bottom of the page type the First Name, Last Name and Email Addresses of the members, and choose from a list of Types. Click Add more people.
Also, click Bulk Import From File to add a list of members from an excel spreadsheet. You’ll see instructions to format the spreadsheet and upload it.
When you Submit the member list appears again. To provide Admin permissions to any user, click the checkbox Group Admin in line with their name.
Each Deal Room has a unique Email Address. You’ll find the address on the Messages page of the Deal Room. We use a simple formula for each email address:
deal.name@yourgroupname.angelgroups.net
Documents sent to this address will get filed, along with the resulting message post, in the Messages page. They will also be deposited into a folder in the Documents page labeled “Attachments” from which you can move them later.
Select the members using the checkboxes next to their names. Click Actions and select Re-Invite.
This is an email so you have to create a subject line such as “I am reissuing your password on Angelsoft” and optionally type a message. When you are done, click Reinvite Selected Members. This will generate an email with instructions to log on.
Here’s some guidance to learning the system. One of the first things any new Angelsoft user needs to do is log deals in the system. To do this, login in and navigate to your group’s deal list by clicking My Groups. Notice that there is a row of buttons on the Deal List starting with New Deal, Move Deals, and Send Deal Alert.
Click New Deal. You will notice that there are several options for creating a deal:
