Need Start-Up Cash?New service matches angel investors with entrepreneurs

ByKaren E. Spaeder

Opinions expressed by Entrepreneur contributors are their own.

OK, you've got this great idea, and you know it's goingto be huge, and you can't wait to get started.and youhave no money. It's a familiar refrain, one you've probablysung on more than one occasion in your quest for start-up capital.A new service from Angel Legacy hopes to get you--andinvestors--singing a different tune.

This Web-based service matches entrepreneurial businesses withangel investors based on a management profile created by theentrepreneur. Using the system's search engine, investors areable to seek out potential private-equity investment opportunitiesaccording to their personal interests, such as geographic location,industry, gender and alma mater.

There are a few fees for entrepreneurs (the service is free toangel investors and their financial advisors)--membership is $100for the first year and a $200 annual renewal fee, along with a $50matching fee for each angel match the entrepreneur decides topursue. Should the entrepreneur receive an investment through amatch, he or she must also agree to grant Angel Legacy theopportunity to purchase shares of stock in the company via awarrant, an amount equal to 5 percent of the amount funded by theangel. These warrants are of value to Angel Legacy only if thecompany succeeds.

For more information about this service, visit AngelLegacy'sWeb site.

InvestmentExpo This Weekend
Two-dayconference will allow emerging companies seeking capital toshowcase themselves

希望与潜在investo面对面rs? You mightwant to attend the FundingPost.com Venture Capital Pavilion,presented in partnership with Investment Expo, on April 27-28 atthe Sheraton Towers, New York City. The event is designed toprovide attention to companies in the process of raising capital toan expected 5,000 attendees. There are still opportunities foremerging companies to participate with FundingPost.com in theupcoming Investment Expo.

FundingPost.com, part of the Second Venture family ofcompanies, assists emerging companies, and the entrepreneurs whostarted them, in building relationships with interested venturecapital and angel investors within a $15 billion venture network.Second Venture also manages an emerging company research platform,VentureWorthy, which reports trends in the early-stageventure capital industry.

"FundingPost believes that being an entrepreneur todaybrings new challenges but also new opportunities," says J.Rubin, director of FundingPost.com. "After the rapid pace ofventure investing in the past three years, new entrepreneurs cantake a step back to evaluate and learn from the market failures andwork toward building sustainable and lasting companies. We hopethat our Venture Capital Pavilion will help demonstrate thestrength of emerging companies in today's market and furthershow that entrepreneurship in America is still alive andwell."

The two-day conference program will feature 100 exhibits fromtop financial companies, 50 seminars and targeted tracks focused onventure capital and angel investing, online trading, options,REITS, annuities, and longevity financial planning. Keynotersinclude CNN Business News anchors Kathleen Hays and BruceFrancis.

For more information on the conference and exposition, visitwww.fundingpost.com/event.

Wavy Line

Karen E. Spaeder is a freelance business writer in Southern California.

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