Market Meltdown?
What does the market meltdown mean for angel investors? Will they keep writing checks or sit on their wallets? And how will they protect their recently funded portfolio companies now that the world economy has changed?
These are the issues angels and entrepreneurs want to hear about. Has the pendulum swung too far? Have angel investors been so heavily impacted that the terms for entrepreneurs who do get funded will become too onerous?
After a week like last week, many angels will be recalibrating their risk tolerance. Certainly valuations will drop, but what other impacts will affect angel groups?
Today, a special episode of the show that draws in Dave Berkus and Dan Caulfield of the Tech Coast Angels, Bill Payne of the Vegas Valley Angels and the Frontier Angel Fund in Whitefish, Montana, and Steve Mock, founder of Giftventure, as the token entrepreneur.
Show #187 (51:22)
Comments
I thoroughly enjoyed your show!
Posted by: Feyzi | October 13, 2008 03:53 PM
just finished listening to your Podcast of today....GREAT STUFF! REALLY INTERESTING! Thanks.
Posted by: DMcN | October 13, 2008 03:56 PM
Thank you for the latest podcast. It's not just the new mentality of investors, but strategy for ventures to use to attract investors.
Sent this link to all I know. Will post on my facebook as well.
Thank you again.
Posted by: LJ | October 13, 2008 03:59 PM
Great Show Frank!!!
I enjoyed the show very much. It answered a lot of questions I was concerned about due to the current market conditions. The panel was very informed, it is always good to hear form individuals that have been there and done that.
Keep up the good work.
Dickie Dean,
Posted by: Dickie Dean | October 14, 2008 06:41 AM
Thank you very much.
Your insight has been most appreciated and welcomed.
Posted by: Abdul | October 14, 2008 05:59 PM
Bill Payne made a funny point when he suggested that wives will call for a cut back. You said it is half her money. The really bad news is that members have spent their half on TCA deals. Wives probably feel that her half is untouched.
Posted by: John Morris | October 14, 2008 06:05 PM
Please make more shows like this! Everyone who listens to your podcasts are investors or entrepreneurs and the main concern right now is their mentality being affected by this global market meltdown.
1. Will current invested entrepreneurs be forced to sell their company or layoff many employees since the credit markets are where they are right now? -- Will the VC's/Angels that are invested in these companies that are experiencing harsh reality wakeup calls right now just "kill" their investment if they can't bring any other investors into the company?
2. Are all VC's/Angels having to freeze their current 2008 deal pipeline and are they even considering new investments from young non-vetted entrepreneurs like myself?
3. Since I've heard many VC's/Angels are freezing their deal pipelines, is the main reason because of the lack of IPO's? Or does it have to do more with the current status of the market?
4. If we continue to see a lacking IPO market for VC/Angel backed companies in the next 3-4 years, how greatly does that affect the mentality of the investor and their deal pipeline?
5. Are investors looking more toward globalized companies that target emerging markets now? Or has that always been a sweet spot.
I'm sorry that I ask a lot of questions and some might seem "dumb" but I'm intelligent and not smart, I don't know anything to be honest and ive been listening to VC/angel podcasts for the past 4 years since I was 19 to gain knowledge of how to pitch/approach investors the RIGHT way.
Posted by: Adam W. | October 15, 2008 04:04 PM