Chippewa Valley Angel Investors Network, LLC Investment Criteria

1
Chippewa Valley Angel Investors Network, LLC
Investment Criteria

• Pete Marsnik
• ManagerChippewa Valley Angel Investors Network,
  LLCEau Claire, WI

2
Chippewa Valley Angel Investors Network, LLC

• Founded in 2003 in Chippewa Valley.
• 16 members pay annual dues.
• Members invest only in ventures they like.
• 2.5 million invested in 6 ventures.
• 100,000 to 445,000 per round

3
Chippewa Valley Angel Investors Network, LLC

• Key Question 1
• What is the Size of the Opportunity?
• Product and Market?
• Scalable?
• High-Multiples Return on Investment?

4
Chippewa Valley Angel Investors Network, LLC

• Key Question 2
• What is the Quality of Management Team?
• Experience?
• Skill Sets?
• Deficiencies?

5
Chippewa Valley Angel Investors Network, LLC

• Key Question 3
• What is the Sustainable Competitive Advantage?
• Intellectual Property?
• Barriers to Entry?

6
Chippewa Valley Angel Investors Network, LLC

• Key Question 4
• What is the Exit Strategy?
• How will the angels realize the return?
• How soon?

7
Chippewa Valley Angel Investors Network, LLC

• Key Question 5
• Is it in the Sweet Spot?
• Equity Stake sufficient to have influence?
• Board Member?
• Minimum Dilution?

8
Chippewa Valley Angel Investors Network, LLC

• Investment Criteria
• Business Plan
• Complete and Comprehensive
• Sufficient Opportunity and Return Potential
• Impact to Local and Regional Economy
• Quality Management Team
• Minimum 100,000 equity investment

9
Chippewa Valley Angel Investors Network, LLC

• Investment Criteria
• Desire for coaching/mentoring
• Intellectual Property/Patents
• Proof of Concept
• Exit Strategy
• email cvangels_at_execpc.com
• web page www.chippewavalley.org/brdirectory/angel
  network.htm.