Portfolio companies continue great momentum
One of the most satisfying parts of angel investing is being able to celebrate the successes of our portfolio companies - particularly those that exemplify our motto of "make money, have fun, do...
View ArticleAngel investor tax credit - for founders
Last week saw the window close for claiming the SC angel investor tax credit for 2014, and last week Matt and Lowcountry Angels ran seminar explaining how the tax credit works. We have an introduction...
View ArticleCrowdr.tv Q&A session on "tips for angel investors"
I just did my first "Crowdrcast". It was a lot of fun!Our SCAN angel groups have seen pitches from over 230 companies, and have reviewed the business plans, executive summaries, and pitch decks of...
View ArticleEndangered Angels
Managing Director Matt Dunbar talks about the new federal rules that could strike devastating blows to startup capital, read about it here.Endangered AngelsIn recent weeks on UBJ‘s pages, several...
View ArticleShark Bites and Angel Exits
Read Managing Director Matt Dunbar's article in the Upstate Business Journal here.Shark Bites and Angel Exits If you like sports or technology or reality TV, you are probably familiar with Mark Cuban,...
View ArticleThe Latest Trends in Angel and Venture Capital
The Latest Trends in Angel and Venture CapitalView article here.Amid the madness of March and signs of spring, it’s also time for two other important milestones on the calendar for early stage...
View ArticleThe “GOOGLE” fundraising approach
As the Upstate Business Journal discussed last week, tech startups face an uphill funding battle in the Upstate. Can’t argue with that: raising early stage capital, anywhere in South Carolina, is a...
View ArticleDue diligence scoring - what criteria are important to SCAN members?
What are the key factors that SCAN members consider when deciding to invest or not? In our April CSR Angels meeting, a member asked a perceptive question about our due diligence scoring system relating...
View ArticleDue diligence scoring - competition
If you read my last post about diligence data, you might remember that “competition” was a surprisingly large determinant of whether SCAN members choose to invest.Where is “market size”, which so...
View ArticleDue diligence scoring - cash flow evaluation
If you’re still with me, these posts were prompted by a member’s question about cash flow. The company we had been working on scored a 0.0 on “cash flow”, on our -2 (terrible) to +2 (amazing) scoring...
View ArticleTracking Angel Returns - the data
I had the pleasure of writing Matt’s regular Upstate Business Journal article this month. You can see the glossy original here. We’ve reproduced it below and included links so that interested readers...
View ArticleTracking Angel Returns - inflation, taxes, and fees
Last week’s UBJ article tried to cover a complex subject – investment returns for angel investing compared to other uses of capital – in a short word limit, so didn’t do justice to some of the nuances....
View ArticleTracking Angels Returns - the right benchmark
Continue the “tracking angel returns” series… Another objection might be that the S&P 500’s performance over the last 15 years is not the appropriate benchmark against which to judge angels'...
View ArticleTracking Angel Returns - data biases?
IRRs of 20%+ sound unlikely. If angels were really doing that, wouldn’t they have followed hedge fund managers to Puerto Rico or the Caymans?Maybe - although a 3x return on a $10,000 investment, which...
View ArticleTracking Angel Returns - piling in?
In a follow up to this post, we need to explain why the 22% annualized rate of return for angels in groups is possible – and doesn’t get “competed away” when everyone finds out about it and piles in....
View ArticleA Thank You to Senator Shane Martin for NASCAR Pit Passes Donation
On behalf of the Spartanburg Angels and all of SCAN, we would like to send our sincere appreciation and thanks to Senator Shane Martin for donating NASCAR Pit Passes on behalf of the Spartanburg...
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