Archive for September 2017

By Linda Smith, ACA Chair

Angel Ventures is spreading its wings!  For those of you unfamiliar with Angel Ventures, they are the widest network of angel investors in Latin America with a significant presence in Mexico, Columbia, Peru, Chile and Southern California.  Some of you may have met Hernan Fernandez of Angel Ventures Mexico, an active ACA member. They also maintain excellent contacts with Hispanic angels and Hispanic investment opportunities throughout the United States. 

As your ACA Chair, I recently had the opportunity to travel south and meet with the staff, supporters, and members of Angel Ventures Peru.  Based in the capital city of Lima, I was hosted by Greg Mitchell who leads the staff in Lima and Elizabeth Acuna, their deal flow manager.  The breadth and depth of their work in the startup ecosystem is truly impressive.  With over 250 members, Angel Ventures has created a fund-to-fund network of investments. 

By: Marianne Hudson, ACA Executive Director

Tax reform is nearing the top of the to-do list in Washington, DC.  On September 12, 2017, I went to DC along with colleagues from the National Venture Capital Association and the Biotechnology Industry Association to meet with several Members of Congress to discuss tax policies for startups.  ACA has formed a coalition with NVCA and BIO to promote tax policy that all three organizations support.  Having three organizations work together provides more power and gives us an extra “listen,” if you will, in our Capitol Hill meetings and beyond.

By: Ham Lord and Christopher Mirabile, Co-Founders of Seraf, who have written comprehensive articles and eBooks on all aspects of angel investing, including a new series on exits and reasonable returns.

Note: This article is part of an ongoing series on Exits. To learn more about how to plan for exits and maximize returns, download our free eBook today Angel Exits: Perspectives and Techniques for Maximizing Investment Returns​ or purchase our books at Amazon.com.

With our discussion on key deal terms, we introduced some of the many issues investors and management teams face when it comes to the topic of alignment. In the case of a startup company, alignment means that investors and management agree on key corporate development issues such as strategy, team, financing and exit planning.

Subscribe

Tapping into America’s Biomedical Seed Fund by Ethel Rubin  on  February 12
The Seraf Method to Valuing Startups: Exit Practicalities by Ham and Christopher LM  on  January 16