Great Guidelines for Angel Investing
From Roger Ehrenberg:
2-3 person teams, with a CEO who is the product visionary
A strong technology lead
A CEO who has infectious passion and intensity, yet is humble and coachable
A business model that I can understand in 30 seconds without visual aids
The company has a prototype/alpha version that is currently being challenged by users and generating feedback
An ability to generate revenues in 6-9 months
A business that needs no more than $1-$2 million in financing to become a $25-$50 million (exit value) company, simply by executing the core business plan
A business that has an inherent call option, that could boost its base-line exit value by at least 10x
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