Well, I was going to write a post about angel funding to go along with my “Start-Up Tool Kit” post from this past Thursday (see post immediately below)…but I’m a BIG believer in not inventing the wheel for the sake of doing so. I will, therefore, simply point you to a great piece I found by fellow SoCal VC Mark Suster about Angel funding called “Angel Funding Advice“. I agree with what Mark has written and implore you to read it if you’re an entrepreneur looking for your first financiers. We VCs see far too many deals to invest in a company with encumbered cap tables…unless we are convinced that it will be substantially more than worth our efforts to do so.
August 17th, 2009