Recently, at a Boulder City Council meeting regarding local challenges with affordable housing, Councilman Macon Cowles said Boulder’s startup economy brought a lot of very highly-paid white men to the city, and they were pricing out families and others. He then followed up with the statement “I don’t think that’s what people want.”
I am baffled by these comments both because our startup community is NOT made up of only highly-paid white men (as Nicole Glaros, Jason Mendelson and Rajat Bhargava explained in their Daily Camera opinion piece) and because I have seen the positive impact of the Boulder startup economy firsthand. I never imagined our city leaders would view our startup economy as anything but positive, but I’d like to explain why I see it that way. I hope this serves as a framework for our Boulder discussion and other startup communities facing similar adversity. Continue reading
Most angel investors will tell you that the team is the most important thing to consider when vetting an angel investment. As David Cohen says, “At Techstars, we look at five things: team, team, team, market and idea in that order”. But what does an all-star “team” really look like? And what questions can you ask to figure out if you’ve found one? Continue reading
Angel investment is a critical part of many startups’ success, but if not done properly, the terms and structure of early investments can cause major headaches for future investment rounds and acquisitions. Join an interactive panel of legal and accounting experts, and experienced angel investors to find out how to avoid future financing nightmares.
This event is part of our Summer Startup Learning Series in the Park in which the Impact Angel Group encourages Boulder entrepreneurs to get out of the office and find time to exercise.
REGISTER Continue reading
When I first started angel investing, John Ives from Tahoma Ventures took the time to meet me for coffee to welcome me into the angel community. He spent over an hour with me to kindly answer my newbie angel questions and to make sure I was someone he would feel comfortable sharing investment opportunities and introductions with. At the end of our meeting he said, “I know a few people you might enjoy meeting, but I need to reach out to them to ask them if they are open to an introduction. Also, as just an FYI, it’s really good practice to ask before you make an introduction to other angel investors.” Continue reading