AngelLoft
Welcome to AngelLoft!
Our Mission: is to provide angel investors and entrepreneurs with the ideal environment within which to have a meeting of the minds.
We are based in Sydney where we facilitate our sessions over dinner and other events. We are open, by invitation, to angel members and entrepreneur pitches from anywhere in the world.
What Are We About?
Building companies is a serious business. The AngelLoft community see it not as our right, but our privilege to work with the world’s most passionate entrepreneurs.
This translates in the events we run. They are not about providing circus maximus-style entertainment for a bunch of rich folks wanting to stroke their ego by grilling an entrepreneur with ‘clever’ questions. Nor are our events a free-for-all in a packed room full of non-investors. We don’t stream our events over the web to all and sundry, including potential competitors.
AngelLoft is by invitation only and what goes on at AngelLoft stays at AngelLoft, unless all parties mutually agree otherwise. We treat an entrepreneur’s intellectual property rights with the utmost of respect.
Far from the growing noise in the industry, AngelLoft steadily focuses on the main game: entrepreneurs, and helping them to grow their businesses.
Why do we do this?
Many of us have been there before, some numerous times. We get a real kick out of making a positive difference and that’s why we gravitate to investing our time and capital into the next generation of entrepreneurs.
What we expect in return is that, when the time comes, the entrepreneurs we back will similarly step up to the plate and help their peers and successors to succeed.
How can entrepreneurs get in front of AngeLoft?
We choose the entrepreneurs we invite into our sphere of influence very carefully. Usually, you’ll be referred through one of our trusted advisors or we may have come across you doing exceptional things, exuding a passions for the problems you are hell bent on solving.
AngelLoft is not focused on any specific industry sector, although there will be some areas that our members find more interesting than others. Global scale, ability to make a profound difference and founders who are passionate about their destination and every moment of their journey resonate more for us as a whole than any particular space.
We don’t mind a direct knock (email randal at seggr dot com) on the door, but like many things in life, the credibility that comes from a good referral rubs the right way.
What we are not about is putting entrepreneurs through hoops to get our attention. You don’t need to be a movie producer to make it into AngelLoft, nor should you feel the need to draft a fully-fledged business plan – building businesses is hard enough, focus on doing the best you can and we’ll take notice.
What does AngelLoft cost?
We don’t charge a fee to angel investors to become a member, nor do we charge entrepreneurs to pitch at our dinners. We don’t take equity in the start ups as a precursor to them pitching, nor do we charge a success fee on capital raised.
The dinners over which the group meets are charged to attendees and take place in private rooms at upmarket restaurants.
There is no change to angel investors to become a member of AngelLoft – you are either an active angel aligned with our way of thinking about early stage investing as a form of adventure capital, or you are a high net worth individual interested in becoming an active angel or helping entrepreneurs build their businesses in other ways.
We actively encourage prospective angels to join us. Besides topical conversation focused on, inter alia, the technology and media arenas, our members are keen to collaborate, share their knowledge and contacts and inspire you to dive into the game.
Deal Syndication
Teaming up to syndicate with other members can reduce risk, scale the depth of due diligence and exponetialise the ability to collectively add value to an investee business, so members often do so both with each other and external parties. From time to time, AngelLoft may facilitate the formation of venture funds to aggregate investment funds in a tax and risk effective manner.
There is no pressure on our angels to invest into any company they meet through AngelLoft. In fact, we see ourselves as a curator of companies that may be of interest to our members – once within our sphere of influence, it is up to all parties to act on their own recognisances. While AngelLoft does its level best to bring together great companies and investors, we do not in any way endorse or take responsibility for deals done. Due diligence is expected by both potential investors and entrepreneurs.
In summary, AngelLoft’s Key Operating Principles are:
* Entrepreneurs are not charged to pitch, nor is an introduction or success fee taken for any funds raised through AngelLoft members;
* Angels are not charged to be a member of AngelLoft or to attend dinners;
* All dinner attendees are treated equally, this includes sharing costs of the dinner;
* While active angels have preference for the limited seats at each dinner, AngelLoft is also focused on inspiring interested high-net worth individuals to become active angels and so a number of seats may be reserved at each dinner for such members;
* All prospective pitchees are chosen entirely on merit. Should they already be portfolio companies of any member at the dinner they pitch at, this must be disclosed prior to their pitch commencing;
* A small number of service providers may be invited to attend dinners, and we are not limited sponsorships. Precedence for limited seats will default to active and aspiring angels and entrepreneurs.
How can you join us?
If you are interested in becoming an AngelLoft member or are an entrepreneur interested in pitching at a dinner please contact our Chairman, Randal Leeb-du Toit, on randal at seggr dot com. The more information you can provide in this initial contact about yourself and the nature of your interest the better.
When is our next dinner?
The next AngelLoft Dinner is scheduled for Febraury 2012.
