Harvard Angels
Harvard Angels Membership: Have you ever come across a promising, early stage, privately owned company whose business model and future prospects excited you? Perhaps you made an investment in that company. Or perhaps you thought about doing so, but did not. If that's you, maybe you should consider becoming a Harvard Angel. Feel free to email jburkland@sbcglobal.net if you are interested in learning more. Who are the Harvard Angels? We are a special interest group jointly sponsored by HBSA/NC and HCSF, interested in investing in early stage companies. We are Harvard alumni, or have some other Harvard connection. We started over two years ago, and our membership is growing. We welcome those with a similar interest and Harvard connection to join us. What are the benefits to you of being a Harvard Angel? We have a large deal flow. We generally see at least 40 to 50 deals per quarter - far more than the typical private investor is likely to see - and our deal flow is growing. Our deals are screened and analyzed. We have a 15-person deal screening committee, whose members have prior experience in venture capital, private investing, investment banking, early stage corporate management and a variety of other disciplines. Our collaboration provides a deeper and broader analytical capability to review deals than might otherwise be available to most private investors. Our Angels have the opportunity to meet face-to-face with screened companies. We hold one meeting each calendar quarter, at which we bring together three selected companies and our Angels. The meetings offer great opportunities to discuss the presenting companies among peers, meet other like-minded investors, and to learn more about early stage investing. We facilitate our Angels' deal due diligence and follow up. For those who are interested in learning more and potentially investing in a company, we form teams that work together on due diligence, review of deal documents and negotiation of terms. Most private investors are on their own. What does it cost to be a Harvard Angel? Are there other obligations? Although many other angel groups charge an annual membership fee, we do not. We encourage our Angels to attend our quarterly meetings, and we assess a small amount to cover the out-of-pocket costs for refreshments. Unlike some other groups, our Angels are under no obligation to invest. Accredited investors only One important requirement: to attend our meetings and participate, you must be an Accredited Investor. For further details on who is an Accredited Investor, please see: http://www.sec.gov/answers/accred.htm. Want to learn more? If you would like to become a Harvard Angel, please register for the next meeting or email Jeff Burkland at jburkland@sbcglobal.net, and we will add you to our notification list for future activities. Additionally, if you would like to discuss the group further, please let us know a day or evening phone number, and we would be delighted to give you a call.
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