This document discusses the process of courting an angel investor to provide funding for a startup business. It outlines both the entrepreneur's view of the courtship process, which involves pickup lines, meetings, and moving in together, as well as the angel investor's criteria for evaluating potential investments, which includes interest in the concept, the entrepreneur's likelihood of success, agreement on strategy and terms. It concludes by suggesting a "marriage agreement" between the entrepreneur and lead angel investor that commits them to the business relationship as long as the company survives or there is a change in control.

1. Getting Married
To the Right Angel Investor
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2. The Courtship
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3. The Courtship
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4. Courtship
The Entrepreneur’s View
!
•
The pickup line
•
Coffee at Starbucks
•
Dinner at the Ritz
•
Let’s Move in Together
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5. Courtship
The Angel’s Criteria
1. Is there a shared interest?
2. What do you do for a living?
3. Can you be successful?
4. What will our life look like together?
5. Will we have enough to live on?
6. What about your family?
7. Is a prenuptial a problem?
8. Who will be the head of household?
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6. Courtship
The Angel’s Criteria
1. Am I interested in what you do?
2. What is the concept/technology/business?
3. Do you have what I think it takes to be successful?
4. Can we agree to a strategy?
5. How much money will it take to execute the
strategy?
6. Will the other people involved agree to the
strategy?
7. Can we agree to valuation and investment terms?
8. Can we agree on governance?
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7. The Promise
Since it is your intention to enter into marriage,
sign this agreement
(before these witnesses) by
repeating after me:
I, The Entrepreneur, take you, my lead Angel,
my
wife, to have and to hold from this day forward, for
better or for worse, for richer or for poorer, in
sickness and in health, to
love and to cherish, as long as this company
survives or there is a change of control.
________________________________
!
I, the Lead Angel, take you, my entrepreneur
my
husband
for better or for worse, for richer or for poorer, in
sickness and in health, to
love and to cherish, as long as
survives or there is a change of control.
Paparelli Ventures