| There are several aspects you should consider | | | | company with no experience in working with the |
| before purchasing an angel investor database. In | | | | private equity asset class--whether it is private |
| this article, I will identify some of the key aspects to | | | | equity, venture capital or angel investing--then you |
| think about before buying an angel investor | | | | should be extra stringent in examining the quality of |
| directory. | | | | the database before hand. |
| - Cost: This is probably the most important | | | | - Can you get a sample? Some database providers |
| consideration, especially if you are a small business or | | | | will not provide a sample of the listings. I find this |
| entrepreneur. Sole proprietors and small businesses | | | | highly suspicious and would not work with a company |
| are often particularly cost-conscious. So, this may | | | | that did not let the client see what he or she is |
| be the first thing you look for in an angel directory. | | | | getting. This is often a big purchase for a small |
| If this is the case, give the most weight to this | | | | company and I always treat it as such, so why not |
| aspect because you don't want to overpay. Most | | | | show the firm what it is getting in the directory? |
| databases provide you with the cost up front, if it is | | | | Usually a firm that does not show sample listings is |
| hidden or in a complicated payment structure it is | | | | trying to hide the quality of the directory or the |
| probably not a trustworthy directory and not worth | | | | format. |
| your investment. | | | | Hopefully these tips make it easier for you to |
| - Organization that created the directory: You | | | | purchase an angel investor directory and most |
| should consider who created the directory. If it is a | | | | importantly, to be happy with that purchase. |