As a former lead angel investor, I occasionally organized angel groups to complete investment rounds. After my conversation with Sig on this topic, I realized I should have done it every time.
Sig shares what he learned during his 20 years with Imlay Investments. How he formed angel groups to gain leverage, fund startups properly, and mitigate risk for angel investors. Each investment round in each company was a unique LLC/Syndicate of investors. By using this methodology for funding startups, Sig brought four hundred new angels into the Atlanta tech market. This allowed him to fund over 122 companies in 20 years.
If you are a lead angel or thinking about becoming one, this conversation is for you. If you are an angel wondering if you should invest with angel groups, you'll better understand how to make that decision.
Enjoy.