Investment Process

Ansel Capital Partners evaluates every opportunity that meets our investment criteria through the systematic process described below:

Screening

ACP requires all companies interested in presenting to the investor group to first submit a summary of their business which covers all the major points we should know, including summary financial projections, in order to determine if you will be invited to present to our Screening Committee.

Once we review your one-page summary, we will let you know the next steps. We make every effort to respond to all applicants, however if you do not hear from us within three weeks, you may assume that your application has been passed.

Exploratory Contact

Those reaching favorable consensus are invited to provide additional detailed information through a subsequent in-person meeting. Companies that demonstrate an attractive investment opportunity are considered for presentation to angel members at an ACP regular meeting.

Presentation

Typically, two companies present to angel members at each regular meeting. The meetings are not public and are by invitation only. Prior to the meeting, ACP management works with each presenting company to
ensure that the presenting company is focusing its presentation on the critical issues that are the main interest of potential investors. After each presentation is concluded, entrepreneurs are excused and ACP members discuss the presentations. A signup sheet is then passed around for individual members who are interested in the company.

Due Diligence

Opportunities for which members indicate a significant level of interest enter the ACP due diligence process. This process begins at the regular meeting when a minimum of three interested members volunteer to participate on a due diligence committee and to negotiate the investment. The Managing Director of ACP serves to coordinate initial due diligence, but responsibility is totally in the hands of the potential investors.

Investment

Should a decision to invest be made, ACP will provide a standard set of documents to be used in the following stages. Hence, there will be only one negotiation, only one term sheet, and only one set of documents. However, each ACP member will have an independent investment decision, which will
be reflected in the documents. ACP has no responsibility in any kind of agreement (formal or informal) between the funded company and the individual investors.

Syndications

When appropriate, ACP will syndicate deals with institutional venture capital firms, investments banks, or other angel organizations.

Costs

There is a $25 charge to submit materials to ACP. There are no other fees associated with the application process. If an investment is negotiated, all legal fees would be paid for by the closing proceeds. ACP takes no warrants or commissions for the capital raised through them. One of our members typically serves as the liaison with the Company and is compensated in options for their work on the advisory board or Board of Directors.

Confidentiality

As is the case with most Angel groups and Venture Capital firms, ACP does not sign specific non-disclosure or confidentiality agreements with presenting companies. We do recognize the importance of confidentiality for the applicants and we do our best to preserve the confidence that you show by sharing your information with us. ACP members are required to sign a blanket recognition of the need to preserve confidentiality. If you have any questions, please contact us.