What are the typical requirements to join an Angel Group?
Many Angel Groups require their members to commit to a minimum annual investment amount in companies that are screened by the group every year. This investment is normally structured via investment vehicles that invest in the startup or by having the individuals investing directly in the company.
Additionally, members of these groups often have the following obligations:
- Annual membership fees
- Attend networking events
- Participate in pre-screening sessions of companies seeking capital that are looking to get in front of the membership
- Involvement with onsite demo days where pre-screened companies pitch to the entire membership