Getting to a set of terms that provides substantive coverage without complexity that can hamper follow-on funding is critical to successful early stage investing. Too little coverage adds exposure to excessive dilution and lack of influence; too many onerous terms could dampen future investor participation or open the door to follow-on rounds also securing the same terms, thus mitigating the protections originally intended. Join us for an interview of experienced angel investor and Angel Capital Association instructor Bill Payne by ACA Board Member Kevin Learned to understand the considerations and implications of the terms chosen at the earliest stages of investment to increase the likelihood of success downstream.
Speakers:
Bill Payne, Frontier Angel Fund; Kevin Learned, Boise Angel Alliance