Why Set Up a Fund?

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

Consider setting up a fund early on for your university angel group.

For every one alumni who joins the angel group, there will be three who will join the fund. 

Angel investing takes time and many will not be able to participate in pitch meetings and diligence.

The fund gives them the opportunity to join the group without having to review specific deals.

The fund also provides diversification to the members and gives exposure to a variety of sectors.

The fund concentrates the deals together for reporting and follow-up.

The group can recruit experienced angels to join the screening committee and so members get the benefit of the knowledge of those investors.

Finally, the fund can pool their investment dollars, gaining them access to the bigger deals.

The fund provides a consistent re-engagement of the members.

In setting up an angel group at a university, consider launching a fund at the same time and setting up a screening process to manage the deal flow.


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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Check out our other podcasts here: https://investorconnect.org/
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On this episode of Investor Connect, Hall welcomes Wesley King, Co-Founder of Coherent Capital.

Headquartered in Los Angeles, California, Coherent Capital is focused on supporting successful late Seed and Series A fundraises ($4m to $20m raises) with a health and wellness technology focus. The company exists to support early-stage entrepreneurs in raising capital and forming commercial partnerships. Over the years of helping great companies grow, these two items have proven to be clear factors in successful growth. The right partnerships create the right ecosystem. The right ecosystem supports the entrepreneur through its first niche markets. The right investors provide strategic capital. The right capital helps pay for the right talent and helps create the success spiral needed to escape the rear-drag, momentum-eating sprint from Seed to Series B.

Wesley is a licensed investment banker; he co-founded Coherent Capital to assist promising technology companies with strategic investor relations. In addition, Wesley is an award-winning innovation ecosystem designer, having developed five novel internal technologies as an Innovation Architect at Cisco Systems.

Wesley is a Partner at IGC Fund and has advised a series of successful early-stage startups, utilizing his expertise in innovation, technical operations, commercial partnerships, and fundraising to accelerate business growth. He has sourced promising startups for deep tech and health technology-focused venture funds. In addition, Wesley was hired to build co-investor and private equity investor databases for several boutique investment banks, giving him a unique and proprietary perspective on the international early-stage investment market.

Wesley discusses his investment thesis and shares some of the challenges investors and entrepreneurs face in the health and wellness industry.  

You can visit Coherent Capital at www.coherentcap.com, and via LinkedIn at www.linkedin.com/company/coherent-capital/.   

Wesley can be contacted via email at wesley@coherentcap.com, and via LinkedIn at www.linkedin.com/in/wesleygking. 
_______________________________________________________________

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.