Hatch 1000 Four: 757 Angels

3. Meeting with Hatch – April 14, 2015

4. 1. Why 757 Angels?
2. What is 757 Angels?
3. How does it work?
AGENDA

5. Angel Groups – National Movement

6. Angel Groups – Job Creation

7. Angel Groups – Capital Gap

8. CAPITAL GAP - OPTIONS
•Crowdsourcing
•Angel List
•Individual Angels
•Angel Groups

11. MEMBERSHIP – REGIONAL
76 MEMBERS/INVESTORS
43%
34%
17%
5%
5% 2%
Column1
Virginia Beach
Norfolk
Peninsula
Suffolk
Chesapeake
Out of Area

12. 757 ANGELS - MEMBER BENEFITS
• Unique Investment Opportunities
• Members make Individual Investment Decisions
• Participate in Grassroots Entrepreneurial Initiative
• Efficient & Streamlined process
• Collaboration
• Enhance Funding Size
• Diversify Investment Portfolio
• Sharing of Information
• Syndication
• Member Meetings – 3 per Year
• ACA – Full Membership Benefits

13. 757 ANGELS-INVEST. CRITERIA
• Located in or willing to relocate to Hampton Roads
• Derive majority revenues outside Hampton Roads
• Resourceful Management Team
• Experience
• Coachable
• Balanced Team
• Solution to a compelling problem
• Large identifiable market
• Competitive Advantage
• Market Validation
• Exit

14. OUR PROCESS – 3 CYCLES/YEAR

15. OUR PROCESS - SCREENING

16. 757 ANGELS-KEYS TO SUCCESS
• Understand the Terms
• Start-Up Funding Terms are Unique
• Talk to advisors
• Consult experienced Entrepreneurs
• Stay Flexible on Terms – especially Valuation
• Understand Common Practice
• Passionate
• Prepared
• Practice
• Cover all topics – product, sales path, competition, exit
• Concise – 15 minutes

17. 757 ANGELS-APPLY NOW