Comments on: The Insider Secrets of Angel Investing http://www.centernetworks.com/angel-investing-secrets Web 2 and Social Media News and Reviews Sat, 21 Nov 2009 01:50:56 -0600 http://wordpress.org/?v=2.8.6 hourly 1 By: Jason http://www.centernetworks.com/angel-investing-secrets/comment-page-#comment-17083 Jason Wed, 30 Nov -0001 00:00:00 +0000 #comment-17083 Agreed this was great background info, now here's a bit more. Angel Groups can be a great opportunity for those of us without tons of financing connections. But beware, they often act more like VCs. Meaning, Angels are "Angels" because they often support entrepreneurs before much of the business is proven based on either the concept/founders/or early traction or product. Angel groups don't often make investment decisions because they like the founders. There can be a lot of hassles associated with this route. Also, FYI, you don't have to be an accredited investor to be an angel, it just relates to the reporting the person offering shares or securities needs to offer, the guidelines are a little more lax for accredited investors because the assumption is they are sophisticated investors. You decide... Agreed this was great background info, now here’s a bit more. Angel Groups can be a great opportunity for those of us without tons of financing connections. But beware, they often act more like VCs. Meaning, Angels are “Angels” because they often support entrepreneurs before much of the business is proven based on either the concept/founders/or early traction or product. Angel groups don’t often make investment decisions because they like the founders. There can be a lot of hassles associated with this route.

Also, FYI, you don’t have to be an accredited investor to be an angel, it just relates to the reporting the person offering shares or securities needs to offer, the guidelines are a little more lax for accredited investors because the assumption is they are sophisticated investors. You decide…

]]> By: David S. Rose http://www.centernetworks.com/angel-investing-secrets/comment-page-#comment-17503 David S. Rose Wed, 30 Nov -0001 00:00:00 +0000 #comment-17503 While one technically does not <em>have</em> to be an SEC Accredited Investor, it is not simply a matter of 'reporting' or being 'a little more lax'. If the company offering the shares cannot <strong>prove</strong> that the <strong>only</strong> people who were offered <strong>any</strong> shares were Accredited Investors (or one of a few other very limited special categories) then the ENTIRE ROUND OF FINANCING is in jeopardy, and the whole thing can blow up and be subject to recision and penalties. This is one of those areas where you absolutely, positively, no-question-about-it, need a good lawyer with experience in THIS area to advise you BEFORE you do anything. It might otherwise be the single most expensive decision you ever make. You decide... [grin] While one technically does not have to be an SEC Accredited Investor, it is not simply a matter of ‘reporting’ or being ‘a little more lax’. If the company offering the shares cannot prove that the only people who were offered any shares were Accredited Investors (or one of a few other very limited special categories) then the ENTIRE ROUND OF FINANCING is in jeopardy, and the whole thing can blow up and be subject to recision and penalties. This is one of those areas where you absolutely, positively, no-question-about-it, need a good lawyer with experience in THIS area to advise you BEFORE you do anything. It might otherwise be the single most expensive decision you ever make. You decide… [grin]

]]> By: Brick Marketing http://www.centernetworks.com/angel-investing-secrets/comment-page-#comment-17504 Brick Marketing Wed, 30 Nov -0001 00:00:00 +0000 #comment-17504 Great stuff! Glad to see you got all of this useful information for free - very rare eh? Loved the points brought about. Thanks for sharing! Great stuff! Glad to see you got all of this useful information for free – very rare eh? Loved the points brought about. Thanks for sharing!

]]> By: Pete Kennedy http://www.centernetworks.com/angel-investing-secrets/comment-page-#comment-18462 Pete Kennedy Wed, 30 Nov -0001 00:00:00 +0000 #comment-18462 I'd be interested in attending another seminar. Are there any scheduled for the future? I’d be interested in attending another seminar. Are there any scheduled for the future?

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