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Wooing Angel Investors

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StartupJournal: For a young business, it can be alluring: Find an "angel" investor to swoop in and help fund your growing company. With millions of small businesses and only a few hundred organized angel groups, where do you begin?

WSJ.com spoke with Knox Massey, a longtime angel investor, about getting started. Mr. Massey, a former senior salesman at AOL, is executive director of Atlanta Technology Angels, a private angel group that invests up to $4 million each year in young technology-focused companies.

Here is Mr. Massey's advice on what a small-business owner should – and shouldn't – do when searching for angel funding.

* Research the investors
* Don't expect to get funding right away
* Network
* Treat your initial interactions as the first step in a long-term relationship
* Don't forget about your long-term plan
* Look at your investors as potential mentors.

Wooing Angel Investors: Some Do's and Don'ts [StartupJournal]



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Comments

Thanks massey. You have given a valuable suggestion and tips while searching for funding and i agree with you as i am looking for angel funding

 Posted by: Entrepreneur at December 6, 2007 1:15 PM

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