Angel Investors and The Power of Angel Investing Seminar
The Power of Angel Investing Seminar was co-hosted by ATIF, MIT Enterprise Forum, TiE and Invest Southwest on April 30, 2010. The seminar had more than 50 attendees including angel investors and featured a deep dive into all aspects of angel investing. The summit was enjoyed by all attendees but especially enjoyed by several new angel investors that were in attendance. The Power of Angel Investing Seminar featured discussions about the recognition amongst the Phoenix community that technology entrepreneurship will be a key driver of economic growth in the region and investing in these startups can be quite profitable.
For more information about Angel investors, contact the Arizona Technology Investor Forum
Arizona Angel Investors Hosts More Great Venture Presentations
Arizona angel investors group, ATIF, held their quarterly meeting on Friday, May 21, 2010 at the Sanctuary Resort. The meeting had more than 60 members and guest in attendance and featured three great venture presentations. These presentations were given by Aquasoladyne, WebPT and Medipacs.
Aquasoladyne is headquartered in Montrose, CO and has achieved the most simple and efficient concentrated photovoltaic (CPV) technology available in a small, modular, expandable format. ASD will provide its panels to military, agriculture, residential and mobile applications, where standard solar systems cannot meet space constraints or performance requirements.
WebPT is headquartered in Phoenix, AZ and provides an enterprise level, state-of-the-art Electronic Medical Records (EMR) solution to address the spectrum of physical therapy needs. WebPT has achieved a high adoption rate (500 clinics and 3000 individual members) and continues to double its member base every six months. WebPT’s SaaS model and deep functionality have allowed the company to successfully penetrate this underserved market.
Medipacs is headquartered in Tucson, AZ and is bringing to market disruptive products for parenteral drug delivery that reduce medication errors, reduce nursing labor, improve patient satisfaction and outcomes. These devices are worn like patches and disposed of after a single use. Medipacs’ team has delivered exceptional returns in prior drug delivery device start-up firms.
All three businesses gave wonderful venture presentations and Arizona angel investors group, ATIF, was very pleased to have these ventures as guests at their quarterly meeting.
For more information about Arizona angel investors, contact the Arizona Technology Investor Forum.
Angel Investor Network Helps Tempronics Raise $2.7 Million
With the help of the angel investor network Arizona Technology Investor Forum, Arizona-based Tempronics, a company developing solid-state electronics that convert heat into electricity and vice versa, has raised $ 2.7 million in a Series A financing, led by San Francisco venture capital firm Nth Power. ATIF and the Desert Angels investor network were also serious contributors in the round as well.
Tempronics is commercializing a solid state thermoelectric technology that it says can boost performance. The company is currently talking with several integration and design companies around end applications that include: solid state cooling and freezing, and solid waste heat recovery and renewable power generation. Experts have said that Tempronics could revolutionize the air conditioning and heating industries as well as potentially double the fuel mileage of hybrid cars.
For more information about angel investor networks, contact the Arizona Technology Investor Forum.
ATIF Featured in Phoenix Business Journal
ATIF continues to be at the forefront of technology entrepreneurship in the valley. While our primary mission is to invest in the best technology ventures in our region, we recognize that we can’t invest in every company that comes our way. Many of the ventures we see are good, but not quite ready for investment. To help these companies, we created our Affiliate Program.
Our goal with the Affiliate program is to connect the outstanding ventures that come to ATIF, with the local companies that provide the best service to early stage technology ventures. Services range from legal, to web development, to PR and marketing. And Affiliate members sweeten the pot by offering discounts on services that are only available to ventures applying to ATIF.
Check out our website (http://atif-az.org/partners/atif-affiliate-program/) and a recent article in the Phoenix Business Journal to learn more Phoenix Business Journal Article.
Want to make millions from your startup??? Here’s some good advice.
I caught this thread on Y Combinator’s Hacker News and thought it was “dead on” in many respects.
If you are a mentor to early stage startups, please keep this info in mind.
If you are a startup entrepreneur, please take it to heart. You will be better off for it.
Angel Investor Groups & Angel Capital Association Summit
The Angel Capital Association Summit was attended by a number of angel investor groups and held in San Francisco on May 6 and May 7, 2010. The summit had over 400 attendees and featured a great set of speakers including well-known investors in the Silicon Valley such as Ron Conway and Mike Maples.
Basil Peters was the Speaker on Early Exits and provided attendees with a lot of great statistics and data points showing that the major acquirers in the internet space are having trouble innovating, flush with cash, looking for acquisition of small companies (under $100 million valuation), able to move fast. The key takeaway from this segment of the summit being that angel investor groups should include early exit opportunities in their analysis of angel investments.
In regards to syndication, Venture Capitalists have moved away from early stage investing and Angels have filled the void. However, most Angel investor groups are too small to take entire rounds, so they need to syndicate across multiple Angel groups. Syndication opens avenues to additional expertise, new networks etc. ATIF is working closely with the Desert Angels, New Mexico Angels, Vegas Valley Angels and others to build relationships and seek syndication opportunities. The key takeaway from this segment of the summit being that Angel investor groups working together are a powerful force and will continue to grow and even thrive.
For more information about the Angel investor groups, contact the Arizona Technology Investor Forum (ATIF).
The Angel Capital Association Summit was attended by a number of angel investor groups and held in San Francisco on May 6 and May 7, 2010. The summit had over 400 attendees and featured a great set of speakers including well-known investors in the Silicon Valley such as Ron Conway and Mike Maples.
Basil Peters was the Speaker on Early Exits and provided attendees with a lot of great statistics and data points showing that the major acquirers in the internet space are having trouble innovating, flush with cash, looking for acquisition of small companies (under $100 million valuation), able to move fast. The key takeaway from this segment of the summit being that angel investor groups should include early exit opportunities in their analysis of angel investments.
In regards to syndication, Venture Capitalists have moved away from early stage investing and Angels have filled the void. However, most Angel investor groups are too small to take entire rounds, so they need to syndicate across multiple Angel groups. Syndication opens avenues to additional expertise, new networks etc. ATIF is working closely with the Desert Angels, New Mexico Angels, Vegas Valley Angels and others to build relationships and seek syndication opportunities. The key takeaway from this segment of the summit being that Angel investor groups working together are a powerful force and will continue to grow and even thrive.
For more information about the Angel investor groups, contact the Arizona Technology Investor Forum (ATIF).
Angel Investing is Alive and Well in Arizona
This weekend, 60+ members and guests attended ATIF’s second annual Holiday Social. As I took a quick look through the crowd, I realized that pretty much every person in the room had made an angel investment in 2009. WOW! Think about that for a second. The stock market cratered, house prices collapsed, unemployment hit 10% and credit markets froze, but this group of leaders continued to stay committed to angel investing.
And the momentum is building. As VC’s pull back on new investments and banks reduce lending, we are seeing better deals than ever before. Typical deals now have paying customers, completed products, an experienced team, huge markets and solid growth potential. As an example, at our quarterly meeting in October, ATIF looked at 4 deals meeting these criteria AND INVESTED IN ALL OF THEM.
So next time you hear someone say, “there’s no capital for startups in Arizona”, politely disagree and let them know about ATIF.