FOR INVESTORS
Membership
Riverbend Angels is a group of investors from the greater Quad City region who invest in start-up and emerging companies. Our members are passionate supporters of entrepreneurship and attaining their investment goals.
Member experience includes:
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Entrepreneurs who have founded and grown companies to successful exits
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Entrepreneurs who have acquired and grown other local companies
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Senior executives from local Fortune 500 companies
MEMBERSHIP BENEFITS
Angel investing has the opportunity to have significant ROI and benefits our local community through bringing great ideas to market. The benefits are further magnified by being a member of Riverbend Angels.
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Opportunities: It is difficult for entrepreneurs to find individual investors. Being part of an organized group creates a way to connect to a pipeline of investment opportunities.
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Size of As an individual, it may be hard to risk what an entrepreneur needs for investment. As a group there is more access to more capital which attracts larger investment opportunities.investment:
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Knowledge base: Our members have many different backgrounds that assist entrepreneurs and members during the investment process.
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Shared Efforts: Team members share the load of screening companies and for due diligence related activities.
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Social Experience: It’s fun to spend time with like-minded individuals sharing successes or learning from failures.
REQUIREMENTS, GUIDELINES, AND RISK
ACCREDITATION REQUIREMENTS
The Federal Government through the Securities and Exchange Commission has specific guidelines associated with unregistered securities.
INVESTMENT
LEVEL GUIDELINES
In order to assure good deal flow of quality opportunities, members must be prepared to invest. Members invest individually, in the amounts of their choosing, in companies of their choosing.
RISK
Angel investing needs to be considered carefully due to the risk of startup and emerging companies. You must be prepared to lose the investment that you make into these early stage companies.
INVESTMENT PROCESS
Our process is a systematic way to make sure that the Entrepreneur is ready to present to the group
and members are prepared to invest.
STEP 1
Application
Entrepreneurs are directed to our website by members, friends and affiliates of Riverbend Angels, social media, or by internet search engines. Entrepreneurs then complete an online application to present utilizing the gust.com platform. The application will include a slide deck or presentation, pro forma and other helpful information.
STEP 2
Selection
Selections committee members review the application, request additional information, and prepare the Entrepreneurs to present to the selections committee via webinar. The selections committee then schedules them in an upcoming meeting, requests further information or refinement of their presentation, or thanks them for their efforts and points them in an appropriate direction to continue their entrepreneurial aspirations.
STEP 3
Presentation
The entrepreneur presents to the whole group at a dinner meeting. Following his or her 20 minute presentation, there is a 15 minute Q&A session with the entrepreneur. The entrepreneur is excused and the membership discusses if any individuals have an interest in pursuing the investment. If so, a deal lead is chosen and he or she arranges an in depth meeting with the entrepreneur and individual members who are interested.
STEP 4
Follow-up
The deal lead and interested members continue to follow up with the entrepreneur during subsequent meetings. This provides a more in depth look at the company.
STEP 5
Due Diligence
Once a successful follow up process is completed, interested members will then form a due diligence team and begin the investment process.
STEP 6
Membership Circulation
Once due diligence is positive and investment terms are negotiated, a due diligence report is given to the entire membership to determine final interest.
STEP 7
Investment
Success! Members individually invest in the company.
IMPORTANT!
Riverbend Angels does not invest as a group in companies. Individual members invest in the company through an appropriate vehicle of their choice. Members are free to choose what investments they participate in, how they invest, and how much they invest.