Need an Angel Investor? Consider AngelList
AngelList Logo
There are plenty of companies seeking seed-stage financing, and plenty of seed-stage investors. How can they find one another effectively? AngelList is one answer.
Started in February 2010, AngelList is a straightforward application of social-media principles:
- Individual seed investors who join provide information such as location (primarily Silicon Valley), fund type (primarily angel or venture capital), companies they have invested in, investment criteria, and amount they want to invest.
- Entrepreneurs are prompted to provide various pieces of information that comprise a “pitch” and to state whether they want introductions to all angels or to specified angels.
- AngelList’s founders (Nivi and Naval from Venture Hacks) review each pitch. Each pitch that is accepted is forwarded to the angels requested by the entrepreneur.
In the half-year that AngelList has existed, more than 30 introductions have resulted in investments.
Check out all posts about angel investors.
Dana H. Shultz, Attorney at Law +1 510 547-0545 dana [at] danashultz [dot] com
This blog does not provide legal advice and does not create an attorney-client relationship. If you need legal advice, please contact a lawyer directly.
Categories: Financing
Dana Shultz is a business-savvy lawyer located in Northern California's San Francisco Bay Area (in the East Bay, near Oakland) who has in-depth knowledge of law, business, technology, and the needs of startup and early-stage companies.