This practical course is designed for aspiring angel investors and ecosystem builders ready to launch or formalize an angel group. Students engage with key topics like defining a group mission, selecting an investment structure, navigating legal considerations, recruiting members, and generating deal flow. Ideal for individuals or teams looking to support early-stage startups in their region or industry, this course provides actionable steps, real-world examples, and tools to help participants move from idea to implementation.
A term sheet is a document that specifically outlines the terms and conditions of the agreement between investors and the startup organization. This course provides clear, practical information on early-stage term sheets, focused on defining the various terms and conditions that an angel might review in a term sheet. During the course, participants will be led through the formation of a publicly available term sheet, enabling them to understand the term sheet definitions and overall construction and intent of this highly important document. The course also explores the various scenarios of how early stage term sheet conditions can be modified for follow-on investors in later stages of financing.