Publisher's Synopsis
An incredibly practical guide, these courses cover all of the key issues associated with the financial mechanics of angel investing. There are two main sections in this book. The first section includes the slides for a in-depth, 2 hour class that we call "Building Portfolio Success". This class will introduce you to four key topics that all angel investors need to understand as they make investments and ultimately build a successful portfolio of early stage companies:
1) Asset Allocation - Portfolio Size, Risk and Diversification;2) Investment Returns - VC/Angel Returns and Capital Allocation Strategies;
3) Portfolio Management - Portfolio Construction, Tracking and Exits;
4) Maximizing Returns - Tax Issues and Board Compensation. The second section includes the slides for an in-depth, 2 hour class that we call "Startup Economics: Capitalization and Exits". In this course, we dig deep into helping you understand how early stage companies are financed from inception to successful exit. The course will provide detailed material in five main areas: 1) Financing Companies: Key Milestones, Long Term Financing Plans
2) Capitalization Tables
3) Types of Exits
4) Timing and Planning Exits
5) Alignment: Keeping Investors and Management Aligned In addition, we include full speaker notes and an appendix with tools and templates to help facilitate understanding angel finance. By mastering the materials in this book, you will understand the financial economics of a successful startup and ways in which to construct a profitable early stage company portfolio.
