What is the Seattle Angel Conference?
The Seattle Angel Conference is a recurring Seattle Angel-driven event
where the investors create an LLC, engage in due diligence of the
applying startup companies, and ultimately pool funds to invest in one
of the presenting finalists. The Seattle Angel Conference is the primary
method Seattle Angel uses to find and fund new startups. The Seattle
Angel Conference is open to any member of the community interested in
learning more about both starting and investing in a new business and
to hear the investment pitches from the finalists.
Seattle Angel Conference in 60 Seconds:
Seattle Angel Conference IX - May 18th 2016 Details
The Conference is the culmination of many months of due diligence,
review, evaluation, and selection by the investors of Seattle Angel. The
Conference is the opportunity for the finalists to make their best
pitch for why their company deserves the investment. Anyone interested
is welcome to attend the event. The next SAC is:
SAC IX
May 18th, 2016
Applications deadline is February 22nd 2016. See our Blog or follow us on twitter for updates @nwangelconf
There will be workshops throughout January and February, 2016.
The Conference Process
The Seattle Angel Conference process runs approximately 2 months from
the time we finish accepting new entrepreneur applicants to the actual
day of the Conference and the awarding of the investment to one
finalist.
Start-Up Application
Any entrepreneur or company with a great idea for a new startup business can apply to the upcoming Seattle Angel Conference.Startup applications are due February 22nd, 2016.
1. Buy a "Presenting Company" ticket here.
2. Create a Gust.com profile ASAP. Start now, and keep refining!
3. Apply your company to Seattle Angel Conference here.
Gust is an online platform for Start-ups and Investors. SAC uses Gust
to securely and privately collect your company information, business
plan and some due diligence information.
For the first week- Focus on your attention on the Short Summaries of your business.
Hone them, polish them.
Hone them, polish them.
Concisely, what is it you do for whom?
Fill out everything else, and then keep refining. Our angel investors will use your 1 page gust profile by Februrary 23nd to start ranking the applying companies. Put your best foot forward.
Fill out everything else, and then keep refining. Our angel investors will use your 1 page gust profile by Februrary 23nd to start ranking the applying companies. Put your best foot forward.
Selection
After initial screening by the accredited investor members of the LLC,
an extensive due diligence process is performed. Entrepreneurs pitch to
the group of investors and receive feedback. The investors form small
deep-dive teams to learn more about each entrepreneur’s business and
conduct thorough due diligence, both online and in person. A small
number of companies are selected to be finalists and present at the
Seattle Angel Conference. Each of the finalists has a champion or “deal
lead” inside the Investors LLC.
Voting
On the day of the conference, each finalist delivers their investor
pitch to Seattle Angel and all other attendees. Once all the finalists
have presented, the members of the Investors LLC are sequestered and
vote to determine a single winner.
Investment
The winner of the Seattle Angel Conference is publicly presented at the
closing of the event with a check for the full investment of the
Investors LLC.
The Seattle Angel Term Sheet
The Investors LLC will provide investment in the winning company using a convertible note. Look at the note HereConference Agenda
Day of Event Agenda
- 12:30 – 1:00 Registration
- 1:00 – 2:30 Keynote
- 2:30 – 3:30 Finalists #1-3 present
- 3:30 – 4:00 Break
- 4:00 – 5:00 Finalists #4-6 present
- 5:00 – 5:30 Closing Speaker
- 5:30 – 6:00 Break and Closed Voting
- 6:00 – 6:15 Winner Announcement
- 6:15 Reception to follow
Seattle Angel Testimonials
The Seattle Angel Conference is a phenomenal idea and well executed. As a participating company the diligence with the investors and structure really helped us craft our story, in addition to helping us build relationships with a group of early stage angel investors-Robi Ganguly, CEO, Apptentive
Working with Seattle Angel and presenting at the Seattle Angel Conference was a real pleasure. Being selected as the winner of the investment was just a part of what I received from Seattle Angel in helping get my company off the ground.-Max Baker, CEO, ILLUMAGEAR
If you want to become an angel investor and learn best by doing, Seattle Angel gives you a great way of getting started. It’s a forum to meet like-minded investors with whom to collaborate and identify the startup that's the best choice for our collective investment.-Christina Storm, Manager, Investors LLC 2012
Buddy had a tremendous experience. While we had some experience pitching prior to the SAC, the mentorship, community and networking were very valuable, and we'd highly recommend any early-stage startup consider the SAC in their fundraising and network-building efforts.-David McLauchlan, CEO, Buddy Platform, Inc.
No comments:
Post a Comment