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The Angel Investor Forum (AIF), founded in 2004, is an organization located in Connecticut comprised of accredited investors, who are former CEOs, VCs, serial entrepreneurs, and active private equity investors. Due to the widening gap in the capital markets, there is a shortage of funding available at the seed stage ($250K-$5M). This funding gap represents a great opportunity for investment in companies and the group provides $100K to $2M for companies with substantial growth potential. AIF is not a fund; Investment members collaborate on due diligence, but make individual investment decisions (under common valuation and terms). The typical company the group looks at is raising between $750K and $2.5 Million. Members typically put in between $150K and $350K as a group. The individual investment is typically $25,000 but ranges from $10,000 (if the deal permits) to $100,000. The group's investment criteria includes: a clearly articulated market position, management team with a demonstrated track record, clear intellectual property strategy, defensible competitive position in an emerging or growth market, and an exit strategy for investors within 3-5 years.
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