ATA Investment Guidelines
- ATA members invest in technology
companies located in Atlanta, GA.
- ATA members will invest between
$250,000 and $1,000,000 in an individual company.
- ATA members will continue to
participate pro-rata in future investments.
- ATA members generally invest in
pre-Series A and Series A financings. Generally, this is after the founders
of a company have invested and after a "friends and family" round. ATA does
not invest in service or consulting companies. We also do not invest in
recapitalization or reverse mergers.
- ATA expects to have a Board of
Directors seat or an observer role on the Board of Directors, post
investment.
- ATA expects superior financial
returns on each individual investment.
ATA Screening Criteria
The Atlanta Technology Angels (ATA) Screening Committee meets
twice
monthly to evaluate investment opportunities in companies which their
business plans have been reviewed by the committee. Each company presents
to the committee for 30-45 minutes. Following this meeting, the selected
companies will present to the entire ATA group.
The entire ATA group meets formally once a month to visit with and
evaluate these selected companies. If the investment interest in a company is high, the company and ATA will move into the due diligence,
which may facilitate an investment in the company. ATA, as a group will
invest between $250,000 and $1,000,000 in any one selected company.
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