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Angel Law Forum FAQ
1. Can I Be A Presenter At An Angel Law Forum Event? Before becoming a presenter, we ask that you attend one Angel law Forum event as a guest to gain an understanding of the event and how best to present your company to the forum’s guests. There is also a fee of $300. Please contact one of the attorneys in our office for more information on becoming a presenter. 2. Will the Angel Law Forum Screen Investment Opportunities For Investors? No. We screen all prospective presenters in order to verify that their businesses are suitable for presentation and to confirm that the Angel Law Forum is an appropriate venue to present their business needs. We are unable, however, to perform extensive due diligence on each presenter. We recommend that prospective investors conduct their own investigations prior to making any investments. 3. What are the successes of the Angel Law Forum project? Since we began hosting the Angel Law Forum in 1998, more than 50 companies have made presentations. For some, "success" has meant completion of a single round of financing required to carry out their business plans. Other companies have used the Angel Law Forum as a springboard to subsequent, larger rounds of funding. Altogether, presenting companies have raised over $100 million to fund their operations. 4. Who are the Angels associated with the Angel Law Forum? We have developed a network of accredited investors who attend the Angel Law Forum regularly. Some of these are individuals, and others represent investors groups or clubs. Some Angels seek to offer strategic assistance to emerging ventures, while others simply invest funds. We do not require that attendees to the forum pay membership or admission fees in order to attend, and we encourage attendance by all prospective investors. 5. Can you introduce me to Angels? We are constantly working to expand our roster of qualified Angels, and make introductions where we see a good fit. The vast majority of introductions we make, however, are on behalf of our clients. 6. How is the Angel Law Forum different from other Angel investor projects such as the SBA’s ACE-NET system or other private projects? ACE-NET is a semi-private organization funded principally by the U.S. Small Business Administration that maintains a database of small businesses seeking funding. ACE-NET serves a similar goal to the Angel Law Forum, and some Angel Law Forum presenters may be found in ACE-NET’s database. The Angel Law Forum is distinct from ACE-NET in that it offers investors the opportunity to meet with the principals of fundraising companies, and does not charge investors for the privilege of doing so. Back to FAQ Page |
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Niesar & Vestal LLP is an organizer and administrator of the Angel Law Forum. The submission of information to Niesar & Vestal LLP for the benefit of the Angel Law Forum will not establish an attorney-client relationship between Niesar & Vestal LLP and the entrepreneur, business venture or potential Angel investor submitting that information. Niesar & Vestal LLP does not earn any fee in connection with the administration of or submission of any information to the Angel Law Forum. |
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