Myth #8: There aren’t enough unicorns in the southeast
This “myth” is true – there aren’t many unicorns in the south east, and none in the Carolinas. There are […]
Myth #7: It takes too long to reach exits
This is too often, unfortunately, true. Startup companies take a long time to mature into middle market businesses that large
Myth #6: It costs too much to be an investor
Finding deals yourself; conducting your own diligence; negotiating a deal; paying attorneys to create a suite of transaction documents; paying
Myth #5: Angel investing is for philanthropy or fun, not making money
Angel investing is about making money. VentureSouth itself is a private business (a SC LLC), not a government entity and
Myth #4: You need to be an expert
Nope. Most people (nearly two-thirds) that join VentureSouth tell us that they are becoming angel investors for the first time.
Myth #3: It takes a long time to build a portfolio
It simply does not take a long time to build a portfolio of angel investments. When we published the first
Myth #2: You need to invest a lot of money
Following the math in the original article, you can create a portfolio of investments as a VentureSouth member for $50,000
Myth #1: Not many people can be angel investors
Anyone can invest in early stage companies. (You can invest as an “unaccredited investor” in certain situations or platforms, subject
Myths of Angel Investing: This Month’s Posts
In my last two Upstate Business Journal articles (here and here), I’ve tried to debunk a few myths and clear