Due Diligence for Angel Investor Groups

Midway PresentationBizdom U

Apr 10, 2023 | 2008 Slide 1 of 11Due Intelligence | Israel Vicars

Introduction• The Entrepreneur

– Program Success– Business Success– Personal Success

• The Business– Research– Potential

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Research

Apr 10, 2023 | 2008 Slide 3 of 11Due Intelligence | Israel Vicars

Selection Process

Selection Process

Learning Opportunities

Learning Opportunities

Missing Pieces• “Raw” Business Plans

– 5-minutes/1-page to Evaluate– VCs Need to be “Hands-on”

• Venture Capital = On-the-job Training• Angels Have Day Jobs

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A Dream Target Market

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Angel Investor Groups

• “Old Money” in the Midwest• Members Do Most Work• 1-2 Deals per Month

Venture InvestorsUnderstanding Tasks• Range of Sophistication to

Complete Tasks• “Hot Spots” Where Deals Die• Checklists vs. Gut

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Due Diligence

Potential• Solutions• Qualifications• Trends

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Solutions• Web 2.0 Due Diligence Framework• Diligence Services Group

– Student Recruits– Generalists versus Specialists

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Qualifications• Relationships

– University– Professional– Investment

• Networking Aptitude

• Background– Technology + Business– Entrepreneurship, Innovation

as Processes

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Factotem

Trends• “Angel investing will go dormant for the next two years…”• “The same thing happened after the dot.com crash.”

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Potential

QUESTIONS?Thank you for listening

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