Angel Syndication: Best practices

Build relationships – Find reasons to check-in with regional angel group leaders regularly so you can form the relationships critical to making deals succeed. Syndicate early – If you need other angels to get to critical mass of domain expertise or money, then get other angel groups involved when your own group is in the [...]

Angel Syndication: Reasons for syndication

Sometimes you find a deal you like, you WANT to invest in, but no one in your group really understands the space.  Normally, that means the deal gets declined.  But if you have a network of contacts at other angel groups you have a chance of finding the expertise you need.  And when you do, you [...]

Angel Syndication: Regional summit template

A centerpiece of Greater New England’s success in syndication is our thrice-yearly Syndication Summits.  The events attract angels from most of the groups in the region and have a simple structure: Networking Kickoff speaker (20 min) Presentations (1o min each, with 1 min intros by sponsoring angel group) from 2-3 deals sponsored by at least [...]

Angel Syndication: The “Treaty”

Problem: Imagine you shared your due diligence and then some years down the road the deal fails (half of them do after all).  You get a call from one of the newbie angels who was clearly relying heavily on your experience… and he wants to sue you for giving him bad advice!  Will you ever syndicate [...]

Angel Syndication: Building relationships, it’s all about karma!

Each angel group has its own unique processes, personalities, and traditions.  So at first blush you would think getting two or more angel groups to collaborate on a deal is nearly impossible!  Luckily the problems, and solutions, are  the same for syndicating individual angels and groups of angels. In Greater New England we have created a series of events [...]

Angel Syndication: Avoid the “angel death march”

Securing investment from one herd of cats (AKA an angel group) is hard enough. Trying to get herds of herds of cats (a syndicate) to all meow on key can be… exponentially tougher.  Five years ago entrepreneurs in Greater New England often found themselves on something James Geshwiler of Common Angels called the “Angel Death [...]

Angel Syndication: Introduction

Last year I learned that my portion of the country, Greater New England, is on the cutting edge of best practices for syndicating angel deals.  At the recent Angel Capital Association summit I had the joy of leading a roundtable discussion on best practices in syndication.  Many of those present asked for access to some of the lessons [...]