Developing an Angel Network in Montana
Angel investing has not only become trendy and highly profitable, it has emerged into being a powerful source of fuel for the national economy, jobs, and new innovation.
A more diverse equity investor pool can help ensure great ideas get the funding they deserve.
Angel Capital Association Study Provides New Insights on Angel Group Investments and Their Portfolio Companies
The ACA report provides an initial picture on angel groups’ investments, the startups they support and the factors that lead to business and investor success.
Discussions will include regional investment trends, opportunities for angels in a changing ecosystem, updates on important federal policy, emerging investment sectors, and great networking with your future co-investors.
"I’m a little over San Francisco," said Patrick McKenna, the founder of High Ridge Venture Partners who was also on the bus tour. "It’s so expensive, it’s so congested, and frankly, you also see opportunities in other places."
The world is becoming increasingly friendly to technology and entrepreneurship. If Montanans don’t push to bring innovation here, it’ll go somewhere else.
They asked the angels 40 quantitative questions and four qualitative ones then conducted empirical tests to ensure the quality of the results.
"Our real goal is to be able to invest in more Montana-based technology companies over time" said LaPointe, "and we’re constantly looking for the local entrepreneurs with great business concepts that are beyond the initial idea stage.
IRS section 1202 allows taxpayers, other than corporations, 50 percent to 100 percent exclusion of gain from the sale or exchange of a defined qualified small business stock (QSB) held for more than five years.
"Now everybody and their family and their pets who have some money want to get into angel investing."