“Why (Not to) Join and Angel Group?”— a Frank Peters Interview

Recently, I was invited to participate in an interview by Frank Peters who runs the Frank Peters Show along with Curtis Gunn, Chairman of Tucson's Desert Angels, and Bruce MacCormack, founder of the Bellingham Angels. Since Frank recently keynoted at the Texas Funding Symposium here in Austin, I gladly signed up.



The topic was why one should join an angel group but by the time we finished the interview, Frank retitled the show as to “Why Not to Join an Angel Group.”



The key benefits to join an angel group include:



--efficiency of dealflow,



--diverse options such as sidecar funds, co-investment with other groups, as well as direct investments into startups,



--mentoring and education,



--creating a portfolio of deals more quickly,



--negotiation leverage,



--safety in numbers,



--social benefits.



During the discussion, Bruce MacCormack brought up why one shouldn’t join an angel group which includes:



--if you’re looking for entertainment value only,



--if you think it’s going to be like the “Shark Tank”.



For those considering to join an angel group, I recommend you listen to the podcast as it may help you decide and if you want to know more, please contact me.



Best regards,

Hall T.