Exit strategies may be one of the most misunderstood aspects of angel investing and this course serves to shed a light on how angels and their portfolio companies can work together to achieve the most successful exits. Value creation for angel backed companies is different than for lifestyle companies and the primary difference lies in how angel investors craft the exit strategy. This course covers the various kinds of exits that might occur as a result of investing in a start-up company and how to prepare for each. Additional course topics include gaining a greater understanding of what the drivers are for high exit multiples and how companies can build in value from the very early stage. The course also presents details of the “Exit Strategy Canvas” that walks participants through the six key elements of exit strategy. The exit strategy canvas is designed to clarify the variety of exit scenarios and how angels and founders can work towards mutual optimal outcomes.
Peter Adams
Rockies Venture Club
Angel Returns and Portfolio Strategy
Tuesday, April 15, 12:30p-2:30p
$275 members, $325 non-members, $25 discount for those attending the Summit
The Angel Capital Association engages in numerous data collection efforts to determine the rate of expected returns from angel investments. This course provides an analysis of angel portfolio strategies that are designed to maximize returns/exits and minimize losses. Data will be presented regarding the factors impacting returns on investment and internal rate of return. Topics covered include the importance of diversification, time to exit, investing in specific business verticals, determining the need for follow-on funding, and the role of angels in down markets.
John Harbison
Tech Coast Angels Venture Group
Rick Timmins
Central Texas Angel Network