Angel Group Deal Flow Statistics

To provide members with a broad selection of opportunities to invest in quality start-up ventures, angel groups encourage and are prepared to manage rather high deal flow. Here are typical deal flow statistics for angel groups:

Most groups encourage entrepreneurs to submit an executive summary or application via the group’s website, often AngelSoft (www.angelsoft.net). A small group of angel members and/or staff then pre-screen these applicants to determine that the business meets the investment criteria of the group and is within the business sectors of interests to the group. Generally, only about 20% of applicants survive this examination. While this pre-screening process may take 2 to 8 weeks, depending on the activity of the group, most organizations try to provide feedback to applicant entrepreneurs quickly.

by: Bill Payne

Full Story: http://www.theicehouse.co.nz/Internal/InternalBlogs/AngelsBlog/tabid/236/EntryId/59/Angel-Group-Deal-Flow-Statistics.aspx