Investor Connect Podcast

Funding the Angel Network Program

Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing.

In setting up an angel network, you need to fund the program. 

Here are some funding sources to consider: 

Most angel networks charge a membership fee to cover the expenses for running the program. 

For those groups using the fund structure, a management fee or carry can be taken from the fund to cover the cost.

Special purpose vehicles can also be used for each deal to pool investors’ funds and then take a carry or fee from it.

Other sources of funding include sponsorships from providers related to the startup space, such as legal and financial work.

Some angel groups qualify for grants in their area and can use the grant to cover expenses.

Finally, some groups charge an administration fee to the funded companies.

Members can only volunteer so many hours to the group, so make sure you are funding the program properly with these sources.


Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.

Let’s go startup something today.
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For more episodes from Investor Connect, please visit the site at: http://investorconnect.org 

Check out our other podcasts here: https://investorconnect.org/ 
For Investors check out: https://tencapital.group/investor-landing/ 
For Startups check out: https://tencapital.group/company-landing/ 
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Music courtesy of Bensound

Direct download: funding_the_angel_network_program.mp3
Category:general -- posted at: 6:00am CDT

On this episode of Investor Connect, Hall welcomes back Brian Parks, Founder & CEO of Bigfoot Capital.

Headquartered in Denver, Colorado, and founded in 2017, Bigfoot has provided over $30M in non-dilutive capital commitments to growth-stage software companies across the U.S. Their relationships with their portfolio companies tend to last 2 to 3 years and they are instrumental in supporting companies to get to subsequent capital raises or M&A transactions.

Brian founded Bigfoot after having been an operator in early-stage software companies since 2010. During that time, Brian was Co-Founder & CEO of Brandfolder (acquired by Smartsheet), an executive team member at a marketplace lending business, and employee #1 at an online travel distribution company.

Prior to that, he was an M&A investment banker and a commercial banker.

Over the course of his career, Brian has been involved in multiple financings and acquisitions totaling north of $500M.

Brian gives an update on what he has been doing since the last interview, discusses what he is passionate about and shares some of the challenges startups and investors face.

You can visit Bigfoot Capital at www.bigfootcap.com, via LinkedIn at www.linkedin.com/company/bigfoot-capital, and via Twitter at www.twitter.com/bigfootcapital

Brian can be contacted via email at bparks@bigfootcap.com, via LinkedIn at www.linkedin.com/in/parksbrian, and via Twitter at www.twitter.com/parkstweet

____________________________________________________________________

For more episodes from Investor Connect, please visit the site at: http://investorconnect.org  

Check out our other podcasts here: https://investorconnect.org/ 
For Investors check out: https://tencapital.group/investor-landing/ 
For Startups check out: https://tencapital.group/company-landing/ 
For eGuides check out: https://tencapital.group/education/ 
For upcoming Events, check out https://tencapital.group/events/  

For Feedback please contact info@tencapital.group   

Please follow, share, and leave a review.

Music courtesy of Bensound.

Direct download: Brian_Parks_of_Bigfoot_Capital_follow_up_1.mp3
Category:general -- posted at: 6:00am CDT

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