Many years ago almost all companies raising money used a PPM (Private Placement Memorandum) as the document to put the deal together. The PPM typically consists of three or four parts including 1) A summary business plan that describes what the business is and how it is going to execute its plan 2) Risks involved in investing in the deal. 3) A term sheet that describes the terms of the deal and 4) the capitalization table showing existing shareholders, types of shares, percentages owned, etc. The PPM was the selling document and, when signed, constituted the completion of the deal. Read more
Where are all the Angel Investors?
I get asked this question all the time and the answer is simple – “They’re all around you.” But identifying them and building a collective network of angels to pool funds together to invest in deals is not easy in Colorado. We’re lacking in Google and Facebook millionaires, and yet we have thousands of “Accredited Investors” in the state (with a net worth of $1 million or more excluding their primary residence, or income over $200K per year) Read more
Here’s a great article from CB Insights Read more
Digital Health Care is one of the most promising opportunities for investors at all levels from angels to venture capital, private equity and public markets. It’s growing fast and represents opportunity created by disruption in the health care market. The savings digital health companies can bring to health care are significant, and the opportunities reflect the new efficiencies. Read more
Rockies Venture Club recently launched a beta program for due diligence analytics, assembling a team of highly capable industry and academic individuals in order to streamline the time consuming process and assist angel investors with making the most informed decisions possible. This is an extremely exciting prospect because research shows that extensively researching a company at the onset of a deal pays off for angel investors. Read more
LOHAS (Lifestyles of Health and Sustainability) Food and Beverage is a unique market segment and it has its own set of rules and metrics. I’ve been looking forward to RVC’s LOHAS Natural Food and Beverage Conference for over a year now because we’ve seen a number of natural food and beverage companies coming across our sights and it has been difficult to gauge whether they are a good opportunity or not. Read more
It goes without saying that the Internet plays a vital role in our lives. The Internet enables us to shop, watch the play from the playoffs that we missed and cat videos. It’s estimated that Americans spend 11 hours a day with electronic media like the radio, TV, the Internet and movies. Keeping the Internet affordable and accessible has been an important tenet of its growth and expansion. While many people – especially Congress – have disagreed on the best ways to do that, Congress and presidents agreed for more than a decade that state taxation to access the Internet is a bad idea. Read more