1. Top Do’s and Don’ts When Asking an Angel for Funding
From the Investors’ Perspective
1. Don’t
send
in
a
plan
by
email
unsolicited
without
an
introduction
and
expect
success
2. Don’t
ask
a
group
to
sign
an
NDA
3. Don’t
use
more
than
a
handful
or
words
on
a
slide
and
do
not
use
any
small
size
fonts
4. Don’t
use
elaborate
builds
on
your
slides
5. Don’t
plan
a
complicated
demo
or
video
as
part
of
your
pitch
6. Don’t
run
over
your
allocated
presentation
time
7. Don’t
be
flip
or
glib
in
your
presentation
8. Don’t
forget
your
manners
9. Do
not
tell
the
angel
group
that
“you
are
not
a
business
person”
…
own
your
numbers
10. Don’t
mumble,
whisper
or
equivocate
11. Don’t
claim
you
will
rely
on
first-­‐mover
advantage
and
have
no
competitors
12. Don’t
think
that
“social
media”
is
an
adequate
go
to
market
strategy
or
assert
that
you
will
grow
by
“going
viral”
13. Don’t
list
Google
as
a
potential
exit,
unless
they
are
actually
a
realistic
potential
exit
and
you
can
explain
why
Originally published on ScratchPaperBlog.com and edited for

2. Top Do’s and Don’ts When Asking an Angel for Funding
From the Investors’ Perspective
1. Do
your
homework
and
find
out
what
companies
a
group
likes
to
invest
in
(check
out
their
website,
or
talk
to
some
of
their
members)
2. Do
find
a
deal
champion
within
a
group
by
networking
3. Do
pay
attention
to
the
presentation
guidelines
given
to
you
by
the
angel
group
that
you
are
presenting
to
4. Do
practice
your
pitch
multiple
times
5. If
you
are
guessing,
say
so
and
explain
the
basis
for
your
guess
Best
to
explain
(briefly)
how
you
will
find
out
6. Do
tell
why
the
market
is
interested
…
provides
a
sales
or
“interest”
pipeline
if
possible
7. Do
prepare
a
list
of
FAQs
and
be
ready
with
short
answers
8. Do
listen
to
the
questions
carefully...
Don’t
underestimate
the
audience
9. Do
make
sure
that
you
have
a
financial
slide
in
your
presentation
and
do
not
leave
it
until
the
last
minute
and
then
hurry
through
it
This
is
one
to
check
out
with
the
coach
or
champion
ahead
of
time
10. Do
feel
free
to
ask
questions
about
how
an
angel
group
works,
the
profile
of
the
membership
and
what
to
expect
11. Do
structure
meetings
based
on
what
they
are
actually
for
Originally published on ScratchPaperBlog.com and edited for