The ACA chairman John Huston was recently interviewed by TheDeal.com. Of the many interesting data points in the article, the one point of particular interest is that Angel Groups are “baking out” risks for VC’s. By providing very small Series A rounds, angel groups help companies prove the business model and offer a much more compelling offering to VC’s when they are ready for an expansion round of financing.

At Angelsoft, we are seeing tremendous interest from angel groups and VC firms that want to work together more closely. As a collaborative platform with a secure shared back-end, Angelsoft is the perfect tool for VC’s and angel groups to not only process their own deal-flow, but also work together very easily.

Read the entire article here: http://www.thedeal.com/techconfidential/behind-the-money/blog/angel-investor/-membership-in-the-the.php

Mark I LaRosa :: Jul.01.2008 :: Uncategorized ::