11/09/2004

New Resource Guides Angels in Formation of Angel Groups

From Yahoo News:

"As the angel investment community continues to evolve from individual investors to sophisticated angel investment groups, the Kauffman Foundation, together with the Angel Capital Association, has published a new guide designed to help angels form the most effective angel organizations for their communities.

The 158-page guide addresses the decision-making process in forming an angel group from the initial analysis of whether a particular community can support an angel group to determining the best structure. The guide provides examples of organizational structures and management functions, and provides critical documents, including membership agreements, funding options, term sheet samples and even due diligence checklists for more informed investment decision making...

A free copy of the guide can be downloaded from www.kauffman.org or from www.angelcapitalassociation.com."