hatch 1000 four: 757 angels

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Meeting with Hatch – April 14, 2015

1. Why 757 Angels?

2. What is 757 Angels?

3. How does it work?

AGENDA

Angel Groups – National Movement

Angel Groups – Job Creation

Angel Groups – Capital Gap

CAPITAL GAP - OPTIONS

•Crowdsourcing•Angel List• Individual Angels•Angel Groups

MEMBERSHIP – REGIONAL76 MEMBERS/INVESTORS

43%

34%

17%

5%

5% 2%

Column1

Virginia BeachNorfolkPeninsulaSuffolkChesapeakeOut of Area

757 ANGELS - MEMBER BENEFITS

• Unique Investment Opportunities• Members make Individual Investment Decisions• Participate in Grassroots Entrepreneurial Initiative• Efficient & Streamlined process• Collaboration • Enhance Funding Size• Diversify Investment Portfolio• Sharing of Information• Syndication

• Member Meetings – 3 per Year• ACA – Full Membership Benefits

757 ANGELS-INVEST. CRITERIA

• Located in or willing to relocate to Hampton Roads• Derive majority revenues outside Hampton Roads• Resourceful Management Team• Experience• Coachable• Balanced Team

• Solution to a compelling problem• Large identifiable market• Competitive Advantage• Market Validation• Exit

OUR PROCESS – 3 CYCLES/YEAR

OUR PROCESS - SCREENING

757 ANGELS-KEYS TO SUCCESS

• Understand the Terms• Start-Up Funding Terms are Unique• Talk to advisors• Consult experienced Entrepreneurs

• Stay Flexible on Terms – especially Valuation• Understand Common Practice • Passionate• Prepared• Practice• Cover all topics – product, sales path, competition, exit• Concise – 15 minutes

757 ANGELS-APPLY NOW