Startup Funding Espresso -- Setting Membership Criteria
Setting Membership Criteria Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. In setting up an angel network, you need to determine the membership criteria. Here are some points to consider:\xa0 The Securities and Exchange Commission or SEC sets the investor criteria to allow for investments into startups. Members must meet the SEC criteria for accredited investors. Make clear the goals of the group, whether supporting the local entrepreneur ecosystem, fostering a new technology, or educating the community. The \u201cwhy\u201d of the group is as important as the \u201cwhat to invest in\u201d question. In the university angel group setting, the \u201cwhy\u201d is typically focused on student experience and job placement. Making a return on investment is also important but typically not the number one goal.\xa0 Also, connecting investors to one another is a goal many angel groups have. Consider the \u201cwhy\u201d of your group and communicate that to prospective members. Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.Let\u2019s go startup something today. ___________________________________ For more episodes from Investor Connect, please visit the site at: \xa0 Check out our other podcasts here: \xa0 For Investors check out: \xa0 For Startups check out: \xa0 For eGuides check out: \xa0 For upcoming Events, check out \xa0 For Feedback please contact info@tencapital.group\xa0\xa0 Please , share, and leave a review. Music courtesy of