The absolute most thing that is important bear in mind about increasing cash from angel investors is that it is exactly about networking. You must grab yourself along with your company right in front of an individual that have the interest and money to spend.
If at all possible, structure the investment as being a convertible note. A loan that will pay interest, but converts into stock under specific conditions, like if endeavor capitalists spend money on the organization later on.
Two great things about a note that is convertible:
- They truly are easier and for that reason require less in appropriate costs compared to a typical equity investment.