written by reader angels + entrepreneurs network

By wlcummings, July 17, 2019

This is a ”startup investing group” listing and discussing pre IPO startup investing. It is a group headed by Neil Patel and touted by Robert Herjavec. Are they a legitimate service.

This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.

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John
Guest
John

A&E around and around the mullberry bush the monkey chased the weasle

marxdongjing
Member
👍16
marxdongjing

Each properly managed start up will be carefully protecting confidentiality and the interest of the seed investors and angels , and each basis point of participation is zealously defended by each of them to get the maximum out of the IPO: so where does this service get its information from and what participations could be for sale?

Jim Ryan
Guest
Jim Ryan

Is A&EN legitimate? and how do I buy shares in one of their recommended start-ups?

Martin Laws
Guest
Martin Laws

I joined this venture last week but will soon be asking for my money back once I received their “investors kit”. When I learned that you don’t buy shares but rather you give a company your banking info so they can ACA from from your account to theirs, I saw nothing but red flags. There are TOO many shell companies offshore to trust giving anyone my routing number and acct number. Be very careful on this one.

Lori Benoit
Guest
Lori Benoit

I’ve been a member for almost a month now. You make the investments through one or more online, independent crowd funding websites such as Republic, or Wefunder. Both will accept a credit card instead of banking account info. I’ve made a number of small investments in the $100 to $200 range using a CC. The paying service with Neil seems to give you his expertise on assessing these startups, and access to directly ask questions of the companies’ founders, as well as educational videos on angel investing. It was only $79 for the membership, and I’m pleased with the service… Read More »

Cbarm
Guest

I joined and purchased the $495 up-sell. I then saw the next up-sell! I immediately requested a refund! Luckily I received the money back. I am still receiving emails and links to low budget videos. So far the main speakers appear to be really low budget actors of just sleazy scamsters!

kevin Kennedy
Guest
kevin Kennedy

ARE THEY A SCAM

rob
Guest
rob

They are not a scam you just don’t understand the service they provide. They are providing you access to startups that have high chance of succeeding.

Brock W
Guest

I would love to know if this is legitimate, especially since Robert Herjavec is advertising it. I really want to trust what he says because he seems to me like a real business man and wouldn’t taint his name with a scam. But has anybody made any money from this service? Has anyone lost money from this service? It’s such a cheap membership fee, it must be too good to be true. SOMEONE ANSWER PLEASE.

Darrell Phillips
Guest
Darrell Phillips

I joined this group an still active. I am somewhat disappointed this far as I thought there would be someone at least giving you a really good idea if the startup company would be something they would actually invest in themselves. What you actually get is some home videos telling you a little bit about the company you are looking to invest in with Neal’s take on the company. However they do not lead you one way or the other. If you think about it these companies are paying A&E to introduce there businesses to there group of investors. I’m… Read More »

Larry
Guest
Larry

I’ve been a member for about a month and have made one small investment of $1K. I have to admit, though, that I am somewhat disappointed because the day after joining I began receiving emails inviting me to upgrade to their personal deal flow. This says to me the real way they make their money is through subscriptions and upgrades, which is a red flag to me. I’m not sorry I joined, but I won’t be upgrading.

Raquel Saldivar
Guest
Raquel Saldivar

Hi Larry, I’ve been a member for about a month and I also made some small investment around $100 -$200. But now I receive several emails asking me to upgrade to their Founders membership, and now all of the Deal Flows in my page are for Founders only. The investment that I have made I’ve made through the Republic page directly. The Angles + Entrepreneur website doesn’t give me access to any Deal Flow and I paid $129 for my membership. I guess this membership only give’s me access to the Republic site and the videos so it’s up to… Read More »

Cbarm
Guest

I was a real fool and bought the $495 up-sell! What a JOKE! Get out while you can do so without being fleeced!

saint stephen
Member
👍339

I joined for $1,500 then upgraded for another $1,500 just because I wanted to invest in Piston. The date of the offering they sold all available shares. I tried to buy but their software kept kicking back my order. When I complained the best they could do was to offer to put me on the waiting list for the next round in 88 days. I demanded a refund, but they’re ignoring me. Think twice about start engine.

Rinya
Guest
Rinya

Stephen, you never needed AEN to invest in or find out about Liquid Piston. It can be bought through WeFunder or StartEngine. Also you can find out all about Liquid on KingsCrowd for free.
I hope this helps.

Carol Burns
Guest
Carol Burns

How much is the upgrade to their person deal flow?

monsterman1
Member
👍20
monsterman1

Hi Carol, I joined A&E early October as a lifetime member ($497) which gives you full access but it comes with a price I found. They give you the four recommended companies to invest in and some extra advice but that’s it. Everything else it’s Pay to Play and it’s not cheap. The Deal Flow cost is $2450 and there’s no guarantees and Neil suggests he MAY BE investing in it which isn’t confidence inspiring. I’m seriously considering leaving the group and getting my money back. I will be back on here after I do some more research . Will

Craig
Guest
Craig

Amen! I did!

Mel
Guest
Mel

I joined Angels and Entrepreneurs around August and I got their kit, invested $200 to 2 companies, so far I haven’t heard about when will you get your investment, is it earning interest? I don’t want to invest a big amount because for me any company you invested in should be transparent on what’s going on with your money whether it’s earning interest or not. They just said that their company is growing but doesn’t really mention anything about your money or it’s investors. It says there also in their website that you invest only on the money you can… Read More »

rob
Guest
rob

I got the message to upgrade to the personal deal flow. I honestly am glad I upgraded my subscription. I was able to access better deals and have found one specific deal that will make a lot of money in future. The way I see it is, If a deal can make me half a million dollar 10 year from now on with 5k investment and roughy $2500 access to that deal, I’d do it any day. Also some of the deals require you accredited investor – annual income of 200k or net worth of $1 million.

Craig
Guest
Craig

I wish you well…

Craig
Guest
Craig

Amen! I joined and upgraded.. After reading and researching I asked for A 100% REFUND and they did! Apparently they are somewhat above board. I can’t really afford to find out, especially if things go south!

Sue
Guest
Sue

Robert Herjavec was just a paid face to promote it. The money to be made will be a very long time to come 5-10 years. if at all. You are investing in start-up companies and many of them fail. Don’t invest want you can’t lose and don’t get caught up in all the upsell emails. A basic membership is all that is needed to learn basics. Outside of that, it’s a group of men & multiple organizations that start bombarding you with emails to sell you more stuff.

lanelle
Member
👍4
lanelle

You are spot on Sue.

One benefit is many A&E investor groups have formed locally . Now you can meet up with other like minded peeps in your city/metro area and discuss different ventures.

I also joined in August 2019, then had my email blow up with multiple upgrade offers that pour in on a daily basis. I feel it was worth the entry price to make me aware of “Angel Investing” in general.

Ian Clement
Guest
Ian Clement

I am also trying to figure out if this group is truly a real opportunity for anyone other than Neil Patel who will make money off all the subscriber fee’s. Terms and conditions state that the “writers” are unable to invest in their opportunities, so if Neil Patel wont invest in what he is suggesting then why should we?
Waiting for more reviews before I jump ahead

Darrell Phillips
Guest
Darrell Phillips

I emailed asking about Robert Herjavec’s role in this business and got no response. If he has anything to do with it he is only going to stain his reputation. I believe Neil Patel is really the only one who is definitely going to make money. There’s not enough advise given to actually make any decisions on companies. It is really only good to help introduce you to angel investing. I got more out of watching shark tank episodes. Robert Herjavec, either get involved if you are a part of this business or let the people know your not.

Kim
Guest
Kim

At the bottom of the Terms and Conditions, it states that Robert is a paid spokesperson for the company.

somebody
Guest
somebody

I bought a membership with them. They’re not the only company that provides this service though; there are other crowdfunding pre-IPO networking sites, shop wisely. Anyway, they charged a membership fee, then charged another fee per deal (3.5% of the amount I invested). When I subscribed to the investment, it stated that it secured my money on a waiting list because it was oversubscribed. I understand Neil is a digital marketing guru so yes I’m sure he is making easy money from all the fees set up on an automated system with each investment/deal, and of course he will make… Read More »

rob
Guest
rob

You’re saying Angels and entrepreneur network charged addition 3.5% on top of their fees? I find that hard to believe because I have invested in 10+ deals from them and have not been charged anything. The crowdfunding site may be charging you, that’s their policy, that amount is not going to the A&E network.

Andy
Guest
Andy

After joining at the 79 dollar level, I was disappointed. Neil Patel provides his review on each opportunity but that’s about the only perk. Then I found out that there are tiers of memberships with startups not available to my membership level. ‘Republic’ has more varieties of startups and is free.

jewell
Guest
jewell

HI what is “republic?” Thanks in advance for your reply.

rob
Guest
rob

A&E network is not the same as crowdfunding sites. There are tons of sites similar to republic.co. Yes, there are tiers of memberships, going up to a maximum of $5000.00, which gives you access to deals that some are only for accredited investors – a person with an annual income of 200k or a net worth of $1 million.

Linda Johnson
Guest
Linda Johnson

Most good investment companies won’t let their staff invest at least for a wile after the stock is recommended. I belong to this but find it’s frustrating to wade thru their communications.

tlearns
Member
👍32
tlearns

I joined on day-0, with a low cost life-time membership. SO far they are providing lots of good information, and several early round (seed) pre-IPO deals that you can join if you wish. They provide steps to invest via We Fund in some cases. Seems they are doing what they said they would do so far, bu will keep you posted.

Mike
Guest
Mike

Are you still happy you joined? Was thinking of upgrading to Elite, but would like to know if it seems worth it.

Jessica Nugent
Guest
Jessica Nugent

I’ve been researching this for awhile and I’m very interested to see if my membership fee was worth it. I’ll keep you updated.

stellaj84
Irregular
👍0

Jessica did you need to pay additional after the joining fee to get more info.

carol
Guest
carol

I was contemplating membership but just finished reading a review that said when the gentleman joined the “best deal” diamond level he was taken to another page which clarified you do not have access to “investing” unless you upgrade to “VIP” with an additional $1000. It was also noted that Patel was the only name appearing on the site after the initial joining, I’m staying on the fence for now.

tinskov
Member
👍66
tinskov

Thank you for sharing the information about the additional $1000 fee, it prevented me from buying a costly membership. I will not become a member of AEN.

Lisa
Guest
Lisa

That isn’t true- the next page OFFERS you a lifetime membership- you just click no and move on. The 79 still gives you 2 deals a month

rob
Guest
rob

The addition $1000 fee gives you access to more deals. There are multiple levels of subscriptions up to $5,000 for lifetime membership in the A&E. The highest subscription gets you access to deals for accredited investors – for people who make 200k a year or have net wroth of $1 million.

Linda Saylors
Guest
Linda Saylors

The upgrade to the “Elite” 2 year membership is 499.00 today instead of $599 and they credit your initial $79.00 fee. Elite level has a number of extra benefits, but not sure if I will upgrade of not. Looking for small time investing is challenging when you feel the only ones making any money are the big boys. We’ll see.

Rob
Guest
Rob

There are multiple levels of subscriptions up to $5,000 for lifetime membership in the A&E. The highest subscription gets you access to deals for accredited investors – for people who makes 200k a year or have net wroth of $1 million.

Rinya
Guest
Rinya

Rob, are you an Agora employee?

Malka Finkel
Guest
Malka Finkel

I signed up and paid 4-5 days later I called Jason Woodstock and was passed on to a customer service representative. I must report and I am grateful to report that he told me honestly that whatever it is a person invests in, no monies will be seen for 2-3 years. I made a quick decision and asked him to arrange to send me my 60-day money back guarantee and he said he will do that and it will appear on my card 5-7 business days and I will get an email about this. I suggest one thinks hard about… Read More »

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Andrew Dopeke
Guest
Andrew Dopeke

Can foreigners invest?

Maria
Guest
Maria

Hi,
I wrote in to their support desk asking this question. They say that as far as they know anyone can invest.

John
Guest
John

Not really a good answer !

Rinya
Guest
Rinya

Usually not, Andrew.

mangell
Member
👍8

Here is what I posted before in another discussion group: It’s a new endeavor under Money Map Press called Angels and Entrepreneurs. Actually Robert Herjavec only shows up in the introductory video. It is mainly run by Neil Patel. Neil gives his take on hand picked start up ventures with info(a “cheat sheet”) and a sales pitch from the person(s) and a one on one interview with Neil Patel. You can then choose to invest through a fund like WeFunder, Republic, MicroVentures or some others. The cost to join can be $149 for a “Founder” level, but then. of course,… Read More »

jim1936
Member
👍4
jim1936

I contacted A&E’s customer service to find out how many membership levels they have and the associated fees. They described four levels – Gold ($39 a year with annual auto renewal), Diamond ($79 for 2 years but no auto renewal), Platinum ($129 for 3 years, not sure about auto renewal) and Lifetime ($495). Apparently all of these are basic levels which don’t provide access to the best investment opportunities. To get access to the best opportunities they have two advanced membership levels called Elite and VIP, one of which costs an additional $1,000 to join (not sure if this is… Read More »

Jim De Leon
Guest
Jim De Leon

Thanks for all the insight. Like others I will stand by the sideline till I’m clear of all aspects of this opportunity.

Jim De Leon
Guest
Jim De Leon