angels + entrepreneurs networkThis 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.
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A&E around and around the mullberry bush the monkey chased the weasle
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?
As far as i can tell it is class D investments which means . I interpret those rules as far as AEN (Angles and Entrepreneurs Network) to mean that they only list opportunities that are in the Title II; Regulation D: Rule 506(c) category. So if I make less than or if my net worth is less than $107,000 I can only invest $2,200. AEN only vets companies who are established but still very small – their veting consists of researching public records and if it passed all their criterion they do a personal interview with the CEO or owner.
Im a new angel i need some help.
Is A&EN legitimate? and how do I buy shares in one of their recommended start-ups?
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.
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 »
ARE THEY A SCAM
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.
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 »
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
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.
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.
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.
Jessica did you need to pay additional after the joining fee to get more info.
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.
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.
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 »
Can foreigners invest?
Hi,
I wrote in to their support desk asking this question. They say that as far as they know anyone can invest.
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 »