Educational

Types of angel groups In our last post, we outlined the different kinds of angel investing structures. Next, we wanted […]

Angel investment groups come in many flavors. Does it matter to know the different types? Potentially, yes: Here is our

Thanks to the Upstate Business Journal for letting me discuss some of the myths about angel investing this week. The

Bill Payne’s Executing Exits workshop last Wednesday was a big success. Over 130 people – members and guests to this

Give you answers to the nearest whole dollar. Assumptions: I invested $500,000 to own 1/6th of a company. The company

What is “participation”? One last complication about liquidation preferences. A liquidation preference may, or may not, be “participating.” What does

The next question is “how much preference” do preferred equity shareholders usually get? The basic answer is “a one x

On the previous post, we said the “preference” is relevant at a “liquidation event.” What does that mean? A liquidation

What is preferred equity? Angels invest in “convertible preferred equity” rounds. What does this mean? 1)      Equity: equity simply means