How Do I Partner With Other Angels ?

One of the best ways of sourcing good business opportunities and to hedge your bets is to create or join a syndicate of angel investors like The Angels Forum, The Indus Entrepreneurs etc in the USA.

There are benefits in having a captive fund at the disposal of the syndicate, rather than relying on members' ad hoc cheques when a deal is found. To be successful the syndicate members must recognise the time input that is required and be willing to contribute a substantial amount of effort. They should also have compatibility of personalities, commitment to a formal syndicate concept and adequate time available for its activities. To source good investment opportunities and compete with professional players the syndicate will have to develop rigorous, professional procedures for identifying and evaluating deals. Well-run syndicates should go a long way towards improving the current 2 in 100 ratio of proposals to equity investments.