Rod Drury: How to start a business Part 4

Angel Investing – NZ Herald article

In the 4th part of this series Rod discusses the role of angel investment in early stage ventures.

-two tiers – formalised angel groups/networks who tend to invest together, reducing individual risk. The othe tier are just individuals.

Some of these groups include:

ICE Angels – http://www.iceangels.co.nz/

bizAngels – http://www.bizangels.co.nz

Sparkbox – http://www.sparkbox.co.nz/

Rod sums it up quite nicely – Angel investment is hard. They tend to fund low numbers of companies and the deals to not tend to proceed as planned – more time & money than first thought. Some angel investors may not realise they are one – they are simiply moderately wealthy people and most are first time business investors. Building realtionships are important as angel investing tends to by more emotional than analytical

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s