Library of Useful Business "Best Practices" Articles & Links
A plethora of useful information to help steer you in the right direction...
What the Tech Coast Angels look for
Tech Coast Angels invests in Southern California companies with the potential to rapidly scale into market and financial leadership. This usually implies potential for high growth, a strong market position, and a sustainable advantage. Specifically, we look for:
A market opportunity sufficiently large to create a business with at least $50 to $100 million in annual revenues.
A compelling, well articulated strategy for capturing and defending a significant market share.
Proprietary technology or other strong barriers to entry.
Strong management (not necessarily a complete team) with relevant and successful experience.
An exit strategy for the investors.
A desire for advice and coaching.
Lastly, the company valuation must fit within our risk/reward expectations for the investment.
Unless there is an existing personal connection, we do not consider investments in companies based outside of Southern California.
Use of Funds
We look for situations where the capital sought (approximately $1-2 million, or less) will take the company to the next level, and materially increase its valuation. A company must be able to demonstrate how it will use our investment to complete at least some of the following:
Proof of concept
Prototype of its product or technology
Patent filing (for broad patent)
Product development
Market research
Product launch
Major contract or customers
Management team
Reduce other investment risks
Decision Process
We have developed a fairly comprehensive process to make our investment decisions. Please review the information explained under the link Our Decision Process on this page's left navigation bar. There you will also find more information about our investment criteria.
Submitting a Proposal
Like venture capital firms, we receive hundreds of proposals. We give priority consideration to opportunities that are championed by our members. We learn of opportunities through our personal networks and through the strong relationships that we maintain with local accounting, legal and professional services firms, as well as VC firms and universities. We strongly encourage you to seek an introduction to our members through one of these sources.
To be considered for our review, please click on the Submit Proposal link on this page's left navigation bar, complete and submit our proposal form and upload an executive summary and/or PowerPoint presentation. We accept only electronic submissions.
Do not include confidential information. Tech Coast Angels does not sign Non-Disclosure Agreements for initial proposals. If there is sufficient interest, an NDA may be negotiated at a later time.Return to Library of Business Information
...