Latest ACEF Newsletter

Latest ACEF Newsletter

Date added: Friday, 21 August 2009 09:59

ACEF Newsletter - Accounting for Start-ups, Valuation, World Business Angels Assn

July, 2009 - Welcome to the 19th edition of the e-newsletter, reporting matters of interest to people involved in angel investing and the entrepreneurial community. To read the full article, please click on the title.

2009 Angel Capital Association Summit Report

ACA's annual Summit was held April 15 to 17 in Atlanta. This event, the largest gathering of angel investors in North America, focused on trends and best practices in angel investing. ACEF provided five Pre-Summit professional education programs.

Accounting Considerations for Start-ups (and the Angels Who Invest in Them)

A good understanding of accounting for equity and revenue recognition can help entrepreneurs, their investors, and board members ask the right questions and know when to seek outside expertise to avoid unpleasant surprises.

Angel Groups Adapt Investment Strategies to 2009 Economy

Angel groups' 2009 strategies include increased investment in portfolio companies, preferences for co-investing, less appetite for new deals, fewer anticipated exits, and a predicted increase in both quantity and quality of deal flow.

Ask an Angel: What's New in Valuations in the Current Economy?

Knox Massey, of the Atlanta Technology Angels, and Bill Payne, of the Vegas Valley Angels and Frontier Angel Fund share their views on the effect of these challenging economic times on valuation of new deals and follow-on rounds.

Group Profile: Mid-Atlantic Angel Group Fund I, LP (MAG)

With more than 100 members, MAG is one of the largest organized groups of angel investors on the east coast. In the midst of the worst economic environment since the Great Depression, the group has raised a second $4 million plus fund.

Hub Angels Syndicate Investment in USA and Canada

Hub Angels of Boston recently lead national syndication of $1 million investment round in iTeam. The angel group used CEO presentations and webinars to attract investors from Texas, Toronto, and Connecticut.

New Research: Effect of Entrepreneur's Perceived Passion on Angels' Investment Decisions

Richard Sudek, current president of the Orange County Tech Coast Angels, co-authors a study on the effect of perceived entrepreneur passion on angel investing and part of in-stream research series about angel decision-making.

Payne Honored as 2009 Hans Severiens Award Recipient

William H. Payne is the recipient of the 2009 Hans Severiens Award. Payne is a member and active participant in Tech Coast Angels, Aztec Angel Networks, Vegas Valley Angels, and Frontier Angel Fund, all groups he helped found.

Universities and Angel Groups Explore Working Together to Further Entrepreneurship

Several angel groups and universities participated in a mini-conference at University of Arizona to review best practices and share models for effective interactions between universities and angel groups. The event was hosted by the University and supported by the Kauffman Foundation

World Business Angels Association Connects Angels Across the Globe

The World Business Angels Association (WBAA) was recently launched to promote the creation of business angel groups and associations; identify and share best practices, coordinate research, and establish standard terminology on angel investing.