For Subscribers

Taking Flight

Angel investors are flocking together to your advantage.

By David Worrell

Opinions expressed by Entrepreneur contributors are their own.

After weathering tough economic times alone, angel investors arebanding together and joining angel groups or funds that can helpthem screen deals and mentor entrepreneurs. They also have anational association the AngelCapital Association (ACA), which has 30 member groups.Sponsored in part by the Ewing Marion Kauffman Foundation of KansasCity, Missouri, the ACA is compiling data and best practices from,and about, angel investors.

According to the informal results of a survey of the ACA'smember groups, each group put an average of $1.85 million into anaverage of 5.3 investments annually. The average member group ismade up of about 50 individual angels, so this translates to aninvestment of $36,803 per angel, per year. If you're luckyenough to be invited by a group to present at its meeting, expectto be one of two or three presenters, each given 10 to 30 minutesto showcase an investment opportunity. Speak loudly, as most groupsmix presentations with a meal-more than half of those thatresponded meet for breakfast or dinner.

Continue reading this article — and all of our other premium content with Entrepreneur+

For just $5, you can get unlimited access to all Entrepreneur’s premium content. You’ll find:

  • Digestible insight on how to be a better entrepreneur and leader
  • Lessons for starting and growing a business from our expert network of CEOs and founders
  • Meaningful content to help you make sharper decisions
  • Business and life hacks to help you stay ahead of the curve

Related Topics

Editor's Pick

This 61-Year-Old Grandma Who Made $35,000 in the Medical Field Now Earns 7 Figures in Retirement
A 'Quiet Promotion' Will Cost You a Lot — Use This Expert's 4-Step Strategy to Avoid It
3 Red Flags on Your LinkedIn Profile That Scare Clients Away
'Everyone Is Freaking Out.' What's Going On With Silicon Valley Bank? Federal Government Takes Control.

How to Detect a Liar in Seconds Using Nonverbal Communication

There are many ways to understand if someone is not honest with you. The following signs do not even require words and are all nonverbal queues.

Business News

A Retired Teacher and Her Daughter Were Scammed Out of $200,000 Over Email: 'I'm 69 Years Old and Now I'm Broke and Homeless'

The mother-daughter duo was in the process of buying a townhouse when their email chain with the title company was hacked.

Starting a Business

Free Event | March 30: Solopreneur Office Hours with Terry Rice

Running a one person business is challenging, but we're here to help you. Tune in as our expert, Terry Rice, answers your most pressing questions.

Business News

Amazon Is Laying Off 9,000 More Employees — But Who's Out Won't Be Settled Until April

Amazon CEO Andy Jassy said the company had decided to "be more streamlined in our costs and headcount" because of the "uncertain economy."

Business News

Carnival Cruise Wants Passengers to Have Fun in the Sun — But Do This, and You'll Get Burned With a New $500 Fee

The cruise line's updated contract follows a spate of unruly guest behavior across the tourism industry.