Members Helping Members - Educating, Informing, Supporting
I'm the President of the local ACG Chapter and Eric Dobson is the CEO for the entire organization. ACG members invest in startups in exchange for equity (ownership). We usually invest around $250,000 in seed rounds but have done as much as $8.7M. Equity investing is only for companies capable of changing Valuation quickly and Exiting. Private Equity Investors (Angels and VCs) get their money back out at Exit (Acquisition or IPO).
Depending on the growth/exit potential of a business, different paths for capital are dictated. Either Debt Financing if the business doesn't change Valuation quickly. Or, Equity Financing if the business changes Valuation quickly.
Equity investors are looking for opportunities where...
I hope this is helpful to everyone.
I'm always available to talk to Entrepreneurs about their startups, businesses, lives, etc. Just grab some time on my calendar using http://calendly.com/leonardknight