Friday, May 18, 2007

Who Should Join Robin Hood?

We'll be the first people to admit that joining Robin Hood is not for everybody.

If you have allocated some portion of your investment portfolio to early stage, or start-up companies, but you have no time or real interest in looking at the companies, then one of the many local angel funds would be perfect for you.

At the other end of the spectrum, if you have tremendous resources of both time and money to commit to angel investing, and you have access to quality deal flow, then you may not see great value in joining Robin Hood.

The best fit is for individuals who have the money and the appetite for angel investments, and who have the interest in participating in due diligence, perhaps deal structuring, maybe serving on a board – in short, being an active investor, but with the support of an organization.

As a side note, the Executive Director of our group always says that she can tell when someone will really get the most value out of Robin Hood... they've recently sold their business, have had a few weeks at home without making "the life of the company depends on this" decisions, and their spouses want them out of the house...

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