Angels a godsend for start-ups
2018-08-28T10:30:04+01:00Experienced investors have a vital role to play in sprinkling some magic dust on emerging enterprises
Experienced investors have a vital role to play in sprinkling some magic dust on emerging enterprises
HBAN (Halo Business Angel Network), the all-island organisation responsible for the promotion of business angel investment, and a joint initiative of Enterprise Ireland and InterTradeIreland, today announces that a number of the original HBAN investors in software developer Phorest have been bought out for a sum averaging 10 times their initial investment.
HBAN (Halo Business Angel Network), the all-island organisation responsible for the promotion of business angel investment, and a joint initiative of Enterprise Ireland and InterTradeIreland, today announces that its new London Syndicate plans to invest €3 million in Irish start-ups over the next three years.
HBAN (Halo Business Angel Network), the all-island organisation responsible for the promotion of business angel investment, and a joint initiative of Enterprise Ireland and InterTradeIreland, today announces that it was crowned Globally Networked Organisation 2018 at the EBAN (European Business Angel Network) Awards Ceremony held in Sofia, Bulgaria, on Monday 25th June.
Angels talk a lot about mentoring, but how many know what it really means? If you can’t describe what a great mentor does, you’ve probably never been one. A great mentor relationship is actually a pretty rare and special thing. It doesn’t come about all that often, and it’s not something that can be forced.
The European Business Angel Network (EBAN), which is the pan-European community for the early stage investors covering over 150 member organizations in more than 50 countries announced its new President today. Peter Cowley, serial entrepreneur, invested investor and UK Angel of the Year 2014-15, has been appointed by the association to take the lead of the organisation for the next two years.
CB Insights recently published a study on the most common reasons startups fail. They looked at the cause of death on 101 start-ups and, not surprisingly, "Market," "Cash" and "Team" were major factors. But what might surprise many is that all three of those factors out-ranked "competition" as a source of death. There is an adage that start-ups don’t get killed, they commit suicide. CB Insights' study lends some credence to that idea.
One of the most controversial topics in the startup community relates to the issue of investing through convertible notes vs. investing through preferred stock. Much has been written about this topic for the past decade, and the debate continues to rage in the blogosphere even today.
Enterprise Ireland today launches its 2017 Seed and Venture Capital Report which details the four venture capital initiatives undertaken by Enterprise Ireland in partnership with the private sector. In 2017, the Enterprise Ireland Seed and Venture Capital Scheme supported 87 Irish based companies, with a total investment of €72 million.