The Angels Are Watching

January 29th, 2008 · No Comments · Print This Post

I wanted to touch on the subject of Angel investing. It’s a side of the investment industry that I think is a mystery to many companies and entrepreneurs but can be highly influential. Why? Because with Angel investors you get a different mentality than institutional investors. With this type of investor the importance of integrity of the leaders, creating a sense of community (of belonging to “club” of your peers) and the true desire to not just make money but the enjoyment of growing a business are forefront in the investment decision. This can only benefit a growing company. Additionally, since 2000, the number of VC’s has declined by 50% while the number of angel groups has more than doubled (stats from Ernst and Young Dec. 2006 Report). In order to gain some insight into this type of investing, I interviewed Doug Pennington of Private Capital Network in Huntington Beach, CA. To read the interview with Doug, click here.