BIRMINGHAM – Any serious angel investor must be serious about the due diligence process. This is how private equity is evaluated. It drives the deal. On Nov. 12, the Great Lakes Angels and Blue Water Angels will host a joint training session to provide the in?s and out?s of due diligence through best practices.
The greatest investment value of angel networks is the network. This vast pool of talent and contacts can be engaged to produce meaningful assessments and diligence of start-up companies. Knowing the management team, the industry, strategic partners as well as competitors are all vital sources of information in assessing a startup?s chances for success. When properly harnessed, angel networks reward their members with substantial returns.
Angels don?t neglect diligence – they wisely and judiciously harness the talents of the members.
While strong diligence is the hallmark of successful angel investing it?s also the downfall when angels invest from the gut or on hearsay.
This workshop explores successful angel investing from the foundation of solid diligence. From the simple checklists that can easily be vetted by MBA interns, to the complex judgment of the founder?s competency as a manager, the full range of diligence will be reviewed.
Whether for your own portfolio management or as an active member of a network, this workshop is sure to engage you and lead to better investing.
This workshop will be hosted by Ken Kousky, founding member and President of BlueWater Angels and CEO of MidMichigan Innovation Center.
This session will show you:
How to prepare for, set-up and execute an informative due diligence process that helps you evaluate a company?s commercial viability. Topics will include:
The basics ? people, technology and markets
Getting to the critical assumptions
Sensitivity analysis ? what matters most
Recourse ? what happens when we guess wrong
Please Register no later than November 10th for this Educational Workshop – $60 Registration Fee.
