Impact in Angel Investor Decisions

I’ll be speaking at an Impact Angel Group event on February 12th. With a few other angel investors, I’ll be talking to other angel investors, along with prospective angel investors, about the role of impact investing the community, as well as in our own portfolios.

Among other things, we’ll discuss our angel investment strategies and openly share things like the percentage of our wealth that we allocate to angel and impact investing. We’ll also talk about how we balance our impact, risk, and financial goals. Finally, I’ll also discuss our experience with FG Angels and AngelList, along with the angel investment strategy I’ve used over the past 20 years.

I deeply believe that one of the best ways to accelerate a startup community is through more seed investing in new startups from local angel investors. We’ve seen a great increase in the number of angel investors in the Boulder and Denver area over the past seven years. Hopefully that trend will continue, as more people who have some wealth allocate a portion of it to making early stage investments in new, high risk, high potential startups.

While First Western Trust Bank (a local Boulder/Denver bank Amy and I work closely with and admire) is one of the sponsors, there is an additional cost to the event. If this was aimed at entrepreneurs, this wouldn’t be ok with me, but since it’s aimed at angel investors, I’m fine with it. In addition, the cost is really the cost of a normal lunch after the $30 discount to Feld Thoughts readers.  None of the money goes to me – it’s just to cover the cost of the event.

The details are below.

When: February 12, 2014 from 11:30am to 1:30pm
Where: The St. Julien in Downtown Boulder
Cost: $75 – Sign up by 1/27 and use the promo code “FELDTHOUGHTS” for a $30 discount. (Ticket sales go toward covering the cost of the event.)
Registration: Sign up

If you are an angel investor, or a potential angel investor and this interests you, I’ll see you there.

  • Tim Ferriss

    Brad — I hope this is recorded! I’d definitely enjoy watching this and would be happy to pay for access.

    All the best,

    Tim

    • http://www.feld.com bfeld

      I’ll check but I don’t think there’s a plan for this at this point.

    • Elizabeth Kraus

      Hi Tim.

      Thank you so much for your interest in our event. We had not planned to record the session because we have to use the hotel’s AV system and it’s pretty pricey. However, a few ideas:

      1) If you will do a post on your blog (http://www.fourhourworkweek.com/blog/) to distribute the recording with links to both feld.com and impactangelgroup.com, we will record and send it to you. Please let us know how to get it to you upon completion.
      2) Or….we could probably fly you to Boulder and put you up in the St. Julien for a night for less money than it would cost to record it. You can attend the event incognito and we could set up meetings for you before or after with some of Boulder’s most promising angel investment opportunities. If this interests you, please let me know which flights you would like to take and when you would like us to set up meetings – indicating whether you would prefer coffee, lunch or hiking meetings.

      Email me at ekraus at impactangelgroup dot com. I hope I have included enough information to allow you to respond in one email and I won’t be offended if I don’t get an answer until your next email batching :)

  • http://www.justanentrepreneur.com Philip Sugar

    I never have a problem with paying for the costs of an event. Fees of around a hundred bucks are obviously only paying for the event. Even if its several hundred due to venue and speakers I have no issue. I have always had a huge problem with having the Entrepreneur paying thousands to present, no matter what the guise.

  • Elizabeth Kraus

    As a response to Philip and others who have verbally commented on the cost of this event, I appreciate the concern regarding the cost of events for our startup community. It is important to reduce the barriers for both entrepreneurs and investors, and it is great that there are so many people who are watching out for this. We also watch out for this, which is why we have offered (as of today) 64 tickets to this at a steep discount at a cost to us. Unfortunately however, these events do cost money and in Boulder, there are very few inexpensive venues that can accommodate over 100 people. Just to clarify, we are charging for this event because 1) it is our experience that people are more likely to show up if they pay something and since we expect this to sell out, we wanted to make sure that the people signing up weren’t taking the seat of someone who would actually come 2) the sponsorships we’ve obtained for this event are either in-kind or annual sponsorships that help us cover our operating costs and 2) we had to hold this over the lunch hour due to schedule conflicts, and when you account for lunch, AV, ticket processing fees etc., our cost is $46/person. At this discount, we are losing $3/person with the processing fee. Any ticket sales sold at full price will help us cover the costs of our discounted tickets. Probably too much information, but this is all to say that neither Brad or the event host, the Impact Angel Group, is profiting from the ticket sales of this event. Thanks for being vigilant startup community watchdogs!