The Angel Capital Summit is an annual conference that connects investors with entrepreneurial companies seeking funding. The conference includes education benefiting both angel investors and entrepreneurs, networking segments, pitches with VC commentary and Venture Bucks awards. The Angel Capital Summit is hosted by the Rockies Venture Club.
The theme for this year’s Angel Capital Summit is “Going Big” The conference will present thought leaders addressing how Colorado’s startups grow big and grow fast. We will look at what companies need to know to grow big fast with panels talking about scaling strategies, market development, M&A (acquiring vs. being acquired), investment banking, early exits, family offices and how to get to that tipping point where companies break out of obscurity.
Colorado has a great entrepreneurial infrastructure and early stage companies need to know how to take advantage of it and grow big!
This year will be our biggest Angel Capital Summit yet with great ideas, great companies and opportunities for Angels/VCs to invest together.
News and Updates:
- Apply now for ACS 2015 (Deadline to Apply February 13, 2015)
- Use Twitter #2015ACS for a live feed leading up to and during the event. Feed will be posted live!
- All-Colorado University Startup Challenge hosts top Colorado Colleges with Business Plan competitions to compete state-wide.
At Angel Capital Summit, here is some of the content you can expect to see:
Tipping Point: Breaking out of Obscurity
When companies get big, it often appears that their success happened over night. In most cases, however, companies work for many years before finding themselves in the limelight. What do the fast growth companies do that helps them to grow fast and to be successful? Successful companies have a hockey stick growth curve and at a certain point they hit their stride and rapid growth kicks in. Hitting that curve can be caused by many things including getting financed for growth, implementing a successful virality campaign, and sometimes just working hard and building a solid business. Learn from CEOs of Colorado fast growth companies how they grew their companies, what their struggles were and what factors ultimately led to their success.
Growing Big Through M&A and Rollup Strategies
Companies can grow fast on their own, but sometimes having a fast growth strategy means combining forces with other strategically matched companies to achieve a whole that is greater than the sum of its parts. Small companies who are acquired by larger companies can benefit from the greater resources and economies of scale that being a part of a larger company can offer. Alternatively, companies can start acquiring other companies in a rollup strategy to consolidate competition within a market, to operate more efficiently at scale, or to become more valuable as an acquisition target or IPO candidate. In this panel we will hear from companies and investment banking professionals about how companies can develop intelligent M&A and rollup strategies to build overall value for their firms.
Scaling Strategies: How Does it Really Work?
Angel investors always say that one of the criteria they use in choosing an investment is the company’s ability to scale. Companies that can scale can take their current model and apply it to bigger and broader markets with continuously lower cost of providing their goods and services. While it’s hard to scale professional services companies like law or architecture, tech companies with SaaS platforms have a marginal cost of nearly zero to add new customers. Companies that grow fast have the ability to add customers with increasing efficiency, but they also need to employ a host of strategies to achieve scale. These can include business development partnerships, HR and staffing, implementing advanced technologies, financial resources and strategies, building processes and accountability, and establishing and defending a strong brand and culture. One overarching theme in scaling is the executive team’s ability to think big and to execute. In this panel we will hear from leaders of companies at various stages of scaling, as well as the investors that back them.
There are an estimated 1000 family offices in the US, investing with portfolios averaging $50 million and up. Family offices often have investing guidelines that serve the needs of the family, be it preservation of capital, growth or contributing to social or environmental impact investments. Like individuals, family offices often dedicate a portion of their portfolios to “alternative investments” including angel and VC investments. While family offices are attracted to the average return of 27% on angel investments, there are also challenges in selecting companies, doing due diligence and managing these investments. In this panel we will hear from several family offices about how they view angel investing as a part of their overall portfolio strategy.
Early exits are defined as liquidity events for early stage companies within one to three years after the investment is made. Most angel and VC investments can take 5-7 years or longer to come to fruition and most investments that provide the huge 10-30X returns do indeed take longer. Angels are attracted to early exit strategies for the certain company types and industries where this makes sense. Rather than batting for home runs every time, they are doing very well, and some would argue that they can do better overall, by hitting consistent singles and doubles. In this panel we will discuss the benefits of pursuing an early exit strategy and what characteristics make a company an attractive early exit investment.