By: Sarah Dickey, ACA Membership Director

One of my favorite parts of working with ACA members is attending the Regional and Special Interest Meetings where angels gather to learn about investing trends and encourage collaborative investing. ACA Regional Meetings connect new and experienced angels to each other for investor education, networking, and to syndicate angel deals in real-time. There is no substitute to the momentum that can be created by having angel investors in the same room debating smart investing practices and sharing investment opportunities. And sometimes, angels themselves become the innovators for getting deals done.  

Such is the case of the recent ACA Midwest Regional: Best of the Midwest – planned and hosted by Nebraska Angels in Omaha last week.  Held in a turn of the century warehouse turned community art and innovation center – Kaneko – the meeting began with a view of the Nebraska Angels history after turning near collapse in 2008 to a thriving group of nearly 70 investors with a Midwest-wide syndication portfolio – and recent exits. In her welcome Laura Classen, Executive Director of Nebraska Angels, encouraged the attendees to use the meeting to make networking among fellow investors and syndication a priority in order to support the innovative companies, create strong investment portfolios and overcome geographical barriers.

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.

By: Marianne Hudson, ACA Executive Director

I’ve been glued to media coverage of Hurricane Harvey and the devastation the storm and floods have caused in Texas and Louisiana, with thoughts of everyone in that region.  The photos and videos are so full of unbelievable stories and damage.  As I see the storm finally moving to other parts of the country, I think we angels should start using our innovative minds to supporting the region’s entrepreneurs, the innovation ecosystem, and indeed, some of our member investors.

By: Marianne Hudson, ACA Executive Director

There has been a decidedly female focus to a flurry of news and announcements about angels, startups and challenges for women entrepreneurs. Unfortunately, disturbing accounts of sexual harassment and gender bias dominate the headlines. But there’s another tier of good news featuring women (and men) investing in and supporting women-led startups.

Many of those good news stories start with ACA members, women and men, who are actively working to eradicate gender bias, harassment and discrimination.

By: Marianne Hudson, ACA Executive Director

Angel investors, we can do more to break down hurdles for women entrepreneurs. 

First, all of us at the Angel Capital Association should commit to zero tolerance for sexual harassment. Recently, two dozen women entrepreneurs spoke out for a story in The New York Times. I’m horrified that this issue still exists but grateful to these brave women for telling their stories. Let their bravery be the wakeup call to VCs and angel investors to end sexual harassment, one startup at a time. Addressing — and ending ― sexual harassment in tech startups is good for business, the women and men who work in this sector, and the angel investors who support them. 

By: Marianne Hudson, ACA Executive Director

All of us know about — or personally know — talented foreign-born entrepreneurs who have created successful businesses in the US.  Think Intel, eBay and Tesla. Immigrant entrepreneurs are behind more than half of America’s startup companies valued at $1 billion or more.

That’s why the Angel Capital Association is joining the National Venture Capital Association (NVCA) and many other leading entrepreneurial organizations to support the International Entrepreneur Rule.

By: Marianne Hudson, ACA Executive Director

Although ACA itself is only eleven years old, several of our current member angel groups trace their beginnings back much further than that. A total of nine groups have now been in existence for 20 years or more. Here is that honor roll and the founding year for each. Congratulations to all!

Puget Sound Venture Club

1985

Rockies Venture Club

1985

Investors' Circle

1992

Private Investors Forum

1993

Band of Angels

1994

Tech Coast Angels

1997

Walnut Venture Associates

1997

Alliance of Angels

1997

Sierra Angels

1997

The latest to achieve that impressive 20-year mark is Sierra Angels of Incline Village, Nevada, the angel group from which our new Board Chair, Linda Smith, hails. I was honored to attend the group’s anniversary party yesterday, along with ACA Board members Jim Connor and Kevin Learned.  We look forward to helping more interested member groups celebrate their 20th anniversaries and thank all of you for supporting new companies that create jobs and innovation.

By: Marianne Hudson, ACA Executive Director


New ACA Chair Linda Smith meets with Rep. Ruben Kihuen (D-NV) on June 28, 2017

I am pleased to welcome Linda Smith as she begins to serve as Chair of ACA’s 18-member Board of Directors on July 1.  Linda has served as ACA Vice Chair for two years, during which she has been instrumental in updating ACA’s strategy growth, shaping the policies that impact startup communities and angel investors, and meeting with Congressional representatives regarding important policy issues for angels.

Subscribe