By Bryan Watson
As we are all aware Angel Investors are becoming a key player in early stage funding. Canadian Capital has highlighted this in the recently published article called Divine Intervention. Although the funding that Angels provide it critical it is not the only thing they bring to the table. Unlike other investors Angels are looking to mentor and teach new entrepreneurs the lessons they have already learned. This trend is highlighted in the article by discussing the success of individuals such as Josh Sookman who not only used Angel investment to help start his company named “Guardly” but also gives back by co-curating “Start-up Digest” a newsletter capturing what is happening in Toronto entrepreneurial circles.
A key take away from this article is that Angels are out there and actively looking for viable deals. This does not mean that they are looking to invest in just any company. Angels are still investors and have some stringent criteria they should follow when making an investment. Some of the criteria that need to be fulfilled include; Founder passion, Founder monetary investment, Founders willing to listen, Strong market understanding including the competition and a clear exit strategy.
Find the full article at: http://www.capitalmagazine.ca/wp-content/uploads/2011/06/Divine-Intervention-Summer-2011.pdf
Reposted from National Angel Capital Organization
Throughout his career, both in Canada and the UK, Bryan J. Watson has been a champion of entrepreneurship as a vector for the commercialization of advanced technologies. Upon his return to Canada in 2004, Bryan established his venture development consulting practice to help emerging-growth companies overcome the barriers to success they face in the Canadian commercialization ecosystem. Visit Bryan’s blog and the National Angel Capital Organization.
