Following our recent 2013 ACA Summit, we decided it’s a good time to take a step back and consider the accomplishment: This year boasted the largest worldwide gathering ever of accredited angel investors. With over 660 attendees from 27 countries, the event was buzzing with talk of deal flow, innovation, and job growth. Takeaways from ACA Chairman David Verrill are captured in this brief video.

From this three-day event, four key themes emerged that are evolving the angel investing landscape:

This post is by William Carleton.  William serves on the Angel Capital Association's Public Policy Committee Advisory Council. He speaks and presents frequently to angel groups and to the general public, most recently concerning the JOBS Act. He is a contributing editor at VC Experts, where his posts on implementation of the JOBS Act are published every Wednesday.  Read the original article here.

"California Assembly Member, Bonnie Lowenthal, recently introduced the 'Right to Know Act of 2013' (AB 1291), which would require any company that retains a California resident’s personal information to provide a copy of that information to that person, free of charge, within 30 days of the request."

Can you imagine a tiny, five person startup company dealing with such requests from the 1,000 investors it raised an aggregate couple hundred thousands dollars from?

If Team is the one of the most critical elements in a successful startup, does this principal also apply to the investor base - that the investor team should also be extraordinary?

We think Yes, the investor team is part of the critical presence in a startup and finding the right investor to team with you can be challenging. How do you find the right investors to be part of an investment and how does your group become part of the early stage investor ecosystem? The best place to start is the Angel Capital Association Summit, scheduled for April 17-19, 2013 in San Francisco. The theme is “Navigating Change for Angel Success” and the full agenda is here.

Among the “tax extenders” included in the American Tax Relief Act passed by Congress on January 1st to avoid the “fiscal cliff” was a 100 percent exemption for gains made in Qualified Small Business Stock. Effectively this means that you pay no taxes on gains from your investments that meet several criteria and the Alternative Minimum Tax does not apply for investments made in 2013 and in 2012 (so it is retroactive).

I want to make sure angels and small businesses are aware of this tax advantage, which is designed to increase investment in the innovative startups that create jobs in America. If you are interested in this program, PLEASE TALK TO YOUR ACCOUNTANT to ensure you have all the information you need to structure your investments to meet all requirements.

ACA made a big announcement last week - we are expanding our membership to include individual accredited investors and accredited platforms. We also plan to include single family offices this year.  I think this is the right thing to do, while still noting our strong belief in the importance and relevance of angel groups.  Our current members will be better connected to the evolving ecosystem of early-stage investors and may also get some new individual members themselves.

One of the questions I get asked about the most is the valuation of angel deals, so I want to connect everyone to two resources with some data behind them:

As the startup funding landscape goes through so much change, there is quite a lot of conversation about the role of angel groups in the startup community. I enjoyed a recent discussion among ACA members in our LinkedIn Group for members and investors on this topic, following a blog, Can Angel Groups Regain Their Relevancy?. Feel free to check out the whole discussion, but I got a couple of great kernals from ACA's members that I want to share:

Angel group activity is growing and better than ever. From Brian Cohen, New York Angels: If anything the angel group environment is growing, getting smarter and much more in-tune with the needs of the startup community - particularly in New York City, where the growing network of angel groups (new one recently called 37 Angels - for women angels), super angels, micro-VCs look for every opportunity to collaborate and learn from each other to be smarter investors and most importantly advise young entrepreneurs flooding in to the City from all parts of the globe.

The Angel Capital Association is making a difference in Washington. For the past 24 months, the ACA has made a concerted effort to make sure we take the voice of angel investors to Capitol Hill. A special fund was initiated to help cover the expenses of that effort, our Public Policy Committee put together an all-star volunteer cast of some of the best legal minds on the planet (like Joe Bartlett of Sullivan & Worcester in NY), and we engaged a lobbying firm called APCO Worldwide to help us maneuver our way through the halls of Congress. And it has paid off already.

The initial call to arms came in 2010 when Congress, influenced by North American Security Administrators Association, proposed changing the rules on private company filings (so-called Reg D Filing) that would have made it difficult,

Welcome to Angel Insights, the new blog of the Angel Capital Association. We want to use this blog for more dialogue with our member investors, but also to engage with the startup funding and support community, policy makers, and others interested in active angel investment and the innovative startups angels support with money and expertise.

This week and over the coming months, Angel Insights will include postings from me as ACA's Executive Director, but also from ACA Chairman David Verrill and members of ACA's Board of Directors. We also plan to include some of the great blog posts from our members and partners.

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