US Angels share their experiences with London's Angels on Independence Day
John May, an experienced U.S business angel, has delivered a workshop on Early Exits as part of the Angels in the City Programme in the City of London. The workshop which was supported by the City of London Corporation in conjunction with London Business Angels, enabled new investors to learn about the effective techniques developed for investors in start-up and early stage businesses to build and exit companies in say three years without the need for extensive funding rounds requiring high levels of follow on investment.
The workshop which was presented in the UK for the furst time, has been developed by the USA Kaufman Foundation and delivered through the USA Angel Resource Institute, the educational arm of the U.S angel community, bringing together the experience and know-how from the U.S Business Angel market place.
Anthony Clarke, London Business Angels Managing Director, comments, “I was delighted that the City of London Corporation in conjunction with LBA were able to sponsor this thought provoking workshop, delivered in the U.K for the first time. Over 40 business angels were able to consider an alternative hypothesis about building a company towards a sub £25m exit in a 3 year time frame without the need for extensive funding rounds – we look forward to seeing if these angels now put the theory into practice”