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Entrepreneur shares insights on how he got Angel Investors

December 10th, 2007 · No Comments

A recent article in Catalyst Magazine, written by Don Sadler: Heaven Sent…Should you consider angel investors?

Obtaining financing is one of the biggest challenges for new and startup companies. One possible solution is a unique kind of funding from what are known as “angel” investors.

Angel financing is similar to venture capital, but with some key differences, says Karen Rands, managing director of the Atlanta-based Network of Business Angels and Investors (NBAI) and author of the Learn To Be An Angel Investorebook series…. (www.learntobeanangelinvestor.com  to learn more and get a free ebook)

To read the rest of the article:  http://www.catalystmag.com/Articles/2007/Angel_Investing.html

 The article continues:

Michael Valverde is the CEO of Chain Reaction E-Commerce, a leading supplier of commercial open source e-commerce software in Atlanta that has received about $500,000 in angel financing via NBAI thus far. “We thought about going the venture capital route at first, but soon realized that an angel round made more sense for our initial round of funding,” he says. “Angel funding has a much shorter life-cycle than VC and requires less due diligence and fewer legal requirements.

“Atlanta is a ripe place to do business right now, and there’s a tremendous amount of angel money out there,” Valverde continues. “But getting angel financing takes persistence and patience – it doesn’t happen overnight.”

To read the rest of the article:  http://www.catalystmag.com/Articles/2007/Angel_Investing.html

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