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 and recommendations so far. These are start ups in the seed funding round, and one shouldn’t expect any return for 3 to 5 years. that’s the nature of angel investing, as I’ve learned.