Angel investing is about making money. VentureSouth itself is a private business (a SC LLC), not a government entity and not funded with public dollars. (Venture Carolina is a separate 501c3 non-profit that provides education for entrepreneurs and investors, funded by...
Education
Myth #4: You need to be an expert
Nope. Most people (nearly two-thirds) that join VentureSouth tell us that they are becoming angel investors for the first time.This is not deliberate: we are not seeking out people that do not know what angel investing is. Finding them, educating them, and then...
Myth #3: It takes a long time to build a portfolio
It simply does not take a long time to build a portfolio of angel investments. When we published the first article, there were 13 investment opportunities available to our members, so you could create a pretty well-diversified portfolio immediately in theory.This...
Myth #2: You need to invest a lot of money
Following the math in the original article, you can create a portfolio of investments as a VentureSouth member for $50,000 (10x $5,000 investments) to $100,000 (20x $5,000 investments). The minimum commitment to our previous sidecar index fund, the Palmetto Angel...
Myth #1: Not many people can be angel investors
Anyone can invest in early stage companies. (You can invest as an “unaccredited investor” in certain situations or platforms, subject to limits on how much you invest and rules on how many other unaccredited investors are investing with you. But for simplicity, we’re...
Myths of Angel Investing: This Month’s Posts
In my last two Upstate Business Journal articles (here and here), I’ve tried to debunk a few myths and clear up a few misconceptions about angel investing.There are a few areas that word count limits my ability to explain and cite sources, so over the course of the...
Executing Exits – feedback and thanks
Bill Payne’s Executing Exits workshop last Wednesday was a big success. Over 130 people – members and guests to this workshop – came to our Summit sessions last week. One attendee travelled over 300 miles, and two others travelled over 250 miles, to see Bill and learn...
Executing Exits – “our” exits
We are bringing this Executing Exits workshop to the Carolinas for the first time because exits are so integral to angel investing, and so crucial to all the efforts aiming to develop our early stage community.We’re also personally interested in the workshop, as...
Executing Exits – who should come?
After the first post about exits, a few people asked who should attend the Executing Exits workshop next week.Essentially, everyone:Investors· An angel investor – obviously – whether in our groups, another group, or a “lone...
Executing Exits – the long term plan
Following our first post about the key ingredients needed to generate regular exits, here is a detailed outline of how to drive to that exit. Key takeaways: have a real plan; start now.