Last summer, I wrote a blog on finding money from angel investors (which we re-published yesterday, February 24, 2016, due to its immense popularity). It raised quite a bit of interest among our clients and I received a number of requests to dig more deeply into the subject.
The next day, I got an email from perhaps the most successful, prolific and knowledgeable angel investor in the world, David S. Rose. We arranged to meet and ended up having a six-hour conversation reflecting on his experience as an angel investor. The time went swiftly, as he is truly an interesting, intelligent and experienced man.
As of now, after more than 25 years of investing in more than 100 start-up companies, David S. Rose is recognized by just about everybody as one of the world’s most active angel investors.
I was not aware, at the time, that there are now many serial angel investors and organizations of angel investors who consider angel investing a vital aspect of the business world.
Rose actively manages a portfolio of over 100 companies he has invested in as an angel; he runs Rose Tech Ventures, an "early stage investment fund dedicated to finding, nurturing and launching the next generation of world-class ventures."
David S. Rose is also the founder of the New York Angels, a group that has been meeting every month for more than 10 years; together they comb the business world for interesting start-ups in which to invest. Obviously, he has had some major hits along the way, with quite a few strike-outs, but the fact is, he remains one of the many influential angel investors who search daily for companies in which to invest.
Rose is an entrepreneur as well an angel investor; he is also the founder and CEO of Gust, an online platform connecting angel investors with companies seeking money. Gust serves both angel investors and start-up companies; it negotiates each deal and keeps track of all the necessary documents and compliance matters.
If you’re planning to raise money for your start-up business, or if you’re an angel investor looking for high-quality, high-potential companies, Gust is for you.
David S. Rose’s book, entitled Angel Investing: The Gust Guide to Making Money and Having Fun Investing in Startups, is most enlightening. It is easy to read, and essential for anyone seeking angel investors as well as anyone interested in serious angel investment.
He really articulates the granular detail of what an angel investor is looking for in a start-up as well as in the entrepreneur behind the start-up. Rose coaches entrepreneurs in how to approach angel investors, and he coaches angel investors in finding, evaluating and negotiating the terms of angel investments.
I picked up the book and couldn’t put it down. 250 pages later, I had learned so much about angel investing; it thoroughly explains the mind-set of prominent angel investors, and it will give you a tremendous advantage in raising money for your start-up through an angel investor.
David S. Rose’s book, Angel Investing: The Gust Guide to Making Money and Having Fun Investing in Startups, is available at Amazon or can be acquired from your local bookstore.
[This blog was originally published on July 14, 2015. It has been updated to reflect the passage of time.]