In this release we wanted to make sure that we delivered some long requested functionality for both investors and entrepreneurs.

This release includes 293 improvements, out of which 214 are bug fixes, 4 are new features, and 23 are user experience improvements. You can read the full notes here.

Below are the highlights:


INVESTMENT TAB

Collaborate with the entrepreneur to track round progress, terms, and investments as they come in.

• Investor-Only Tab - The Investment tab will only show for administrators and members who have committed funds to that deal. It will only show after the entrepreneur has reviewed Investment information.
  
  
• Collaborate on Terms - Deal Terms are often reached through collaboration. For this reason both the Entrepreneur and Group Administrators can update the Deal Terms.
  
  
• Manage Investment Amounts - In this release we are giving entrepreneurs the tool to update investment amounts, and to add Other Investors, to help keep the investment picture up-to-date for all parties.
  
  
• Investor-Only Documents - Entrepreneurs can now upload term sheets, quarterly reports, and other documents that will only be visible to administrators and to members who have set their interest level to Funds Committed or Funds Transferred.
  
  
• Investments Pie Chart - All sides get to see the percentage of this round that their group holds.
  

ENTREPRENEUR COMMUNICATION

These tools for both Investors and Entrepreneurs will help facilitate open communication.

• Edit Declined Note Salutations - You can now edit the salutation and the entrepreneur’s name when writing a Declined Note.
  
  
• Share Review Anonymously - Members can now choose to share their rating and review anonymously with an entrepreneur. The new rating will show up on the entrepreneur’s new News Feed.
  
  
• Entrepreneur Email Tool - Entrepreneurs can now email groups they’ve applied to directly from their Application Manager using the Deal Room email.
  
  
• Import Previous Application - Entrepreneurs can now import the data from another Angelsoft application at any point in the process, so groups get better information faster.
  
  
• Entrepreneur’s News Feed - The Entrepreneur Funding Manager now includes a news feed that gives the entrepreneur greater visibility into the funding process.
  
  

ADDITIONAL IMPROVEMENTS

Some user requests made it in as additional improvements:

• Reply to New Submissions Notices - From now on, you can reply to New Submission emails, and your email will be sent to the new deal’s message forum, group administrators, and interested investors.
  
  
• Optimized Referrals - Deal referrals used to be fast or slow depending on the size of documents and attachments. From now on they should all be instantaneous.
  
  
• Unlimited Folders on Group Documents - Users who have dozens of folders and documents in their Group Documents vault can now more easily move documents with a scrollable drop down menu.
  
  
• Video Hover Issue Solved - Some users have complained that parts of the video would show through some dialogs on the Deal Dash, making them hard to use. This should not happen.
  

We hope you’ll find the new functionality useful. As always we are standing by to hear your feedback, requests, and suggestions.

Please comment on this blog to sound off!


–The Angelsoft Team

Eran Dror :: Jun.30.2008 :: Release Notes ::