Professional Standards
The Angel Association New Zealand publishes standard industry documentation guidelines to encourage professional standards and reduce cost for early stage investors.
Reporting Guidelines
The attached guideline for Portfolio Company reporting is intended to act as a guide and industry standard for AANZ members. The guidelines have been prepared by the Council with support from members and advisers.
The guidelines include:
The AANZ welcomes feedback on the structure and usability of the guidelines.
Please contact the Executive Officer for more information or comment.
Term Sheet Guidelines
The Term Sheet templates below are for early stage investment and are intended to act as a guide and industry standard for AANZ members. The guidelines have been prepared for the Council with support from New Zealand Venture Investment Fund, members and advisers.
Term Sheet templates
For more information on these and other templates from NZVIF, please click here.
Valuation Guidelines
This research report sets out to address the gap in valuation information.
The report uses data collected from funding rounds invested into 186 companies between early 2004 and December 2010. These companies have been selected from NZVIF’s current portfolio, transactions publicised in
YCFI, together with other New Zealand early stage transactions that have been identified by NZVIF.
Convertible Notes
Investors use a wide variety of instruments to invest in companies. This paper from PricewaterhouseCoopers summarises the tax implications arising from convertible notes with different features that could be considered to achieve commercial objectives.
Use of Convertible Notes from PricewaterhouseCoopers
