Startup Funding Espresso -- Who Else Should You Involve?
Who Else Should You Involve? Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. In launching a university angel network there are legal considerations specific to the university to keep in mind.\xa0 A university is a non-profit and therefore cannot participate in startup investing. The first step in launching a group is to contact the university legal counsel about how to separate the mentorship for students from the investing by the angels. In most cases, you\u2019ll need to set up a separate legal entity for the angel members\u2019 investments. The legal counsel of the university can help set the boundaries of what is done inside the university and what is done outside. Angels participating at university events need to make clear what role they play in the event -- providing mentorship or making investment decisions. If the group decides to set up a fund, this will be placed in the outside legal entity. Also, deep-dive diligence and investment decisions should be placed in the outside entity. Students who participate as paid interns can work for the outside legal entity and engage in the investment process. Before launching, check with the legal counsel of the university regarding the functions of the angel group. 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