Angel-Summit_Program_Guide - Angel Capital Summit

Angel Capital Summit 2012
Pitch Evaluation Guidelines
The Angel Capital Summit is not technically a competition. The atmosphere is win-win; entrepreneurs and investors
alike enjoy both opportunities and exposure. There may be many winners in this event who ultimately receive funding
for their companies, though this will typically occur months later when due diligence and negotiations are complete.
The guidelines for this event are no different than the guidelines for real-world investment/investor relations.
There are five evaluation moments associated with the Angel Capital Summit:
1) initial application review, 2) audience evaluation of pitches, 3) Venture Bucks investment contest, 4) Angel Investor
due diligence and negotiations, and ultimately 5) Angel Investments.
Nearly 150 companies submitted applications. Company applications were screened using a diligence process exacted
by a pool of over 50 highly experienced reviewers. Each application was scored by a minimum of 6 reviewers.
Executive Reviewers, 9 handpicked professionals, finally determined which companies were ready to pitch in the
Angel Capital Summit. We are showcasing the top 41 companies, most of which are local to the Front Range.
We will pose Audience Response Questions after each pitch.
“How would you evaluate the quality of the pitch” and “How would you evaluate the quality of the business opportunity
presented” The audience will key into their cell phones a response from the following choices: Excellent, Very
Good, Good, Fair, Poor. There are no formal criteria that the audience is required to use other than their immediate
impressions. These results are shared immediately with the audience and presenter for feedback on the pitch.
Every attendee at the event receives 10 Venture Bucks bills to invest in the companies that they find most promising.
Every investor has their own criteria in investment, so there are no rules for how these decisions are to be made.
Companies with the largest Venture Bucks investments are given real prizes.
Investment-ready companies will be discussed at the Investor-Only Forum on Friday. Companies with outstanding
investment opportunities will be examined in a round table session allowing Angel Investors to move ahead with due
diligence and negotiations.
The fifth evaluation moment occurs over a period of time after the event. The ultimate “winners” in the Angel Capital
Summit are those who receive the investments they need to grow. For this evaluation, there are no formal criteria
required by the Angel Capital Summit, but rather investors will evaluate companies on whether they match the investorsʼ
investment profile and on the likelihood of the companiesʼ success.
What Factors Should Investors Consider in the Likelihood of a Companyʼs Success
While no two investors evaluate a deal in exactly the same fashion, there are twelve common factors that many
investors will consider when making their decisions. These are the factors that presenting companies should
focus on and which Venture Bucks “investors” may wish to consider in making their selections. These 12 factors
are listed on the following page in the presentation content section of our evaluation form.
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