Comments on: Angel Financings: Five Tips for Entrepreneurs – Part 2

By: stephentemple55twitter

stephentemple55twitter — Fri, 25 Dec 2009 00:20:11 +0000

If the VC can't discover the founder, as in the real-deal behind the idea, product, service, documents of any sort won't matter. In my quest for VC, I always look to angels with a passion for life, which does not include money. If the VC is passionate about your idea, product or service, your on the road to captial. Hint: Stay away from large VC's with multiple players, thugs of the worst kind…. justmy2cents

By: stephentemple55twitter

stephentemple55twitter — Thu, 24 Dec 2009 17:20:11 +0000

By: joseggonzalez

joseggonzalez — Thu, 24 Dec 2009 08:32:05 +0000

Thank you !

By: Scott Edward Walker

Scott Edward Walker — Thu, 24 Dec 2009 00:28:54 +0000

Hey Nivi – I'd say about 50% of the time they will do some digging. Indeed, there is a strong correlation between aggressive deal terms and aggressive diligence. Moreover, the angel groups (like Tech Coast Angels) have a field day with diligence – with lots of cooks in the kitchen. Happy Holidays.

By: nivi

nivi — Wed, 23 Dec 2009 23:12:20 +0000

Re “Get Your House in Order”, how often do you seem angels (or their lawyers) dig into company's docs?