May 15, 2009

Utah Angel Group Summit 2009

Brock's presentation on the State of Angel Investing in Utah

While I’m getting to it a little bit late, I thought that it would be provide a report on the first annual invite-only Utah Angel Group Summit that FundingUniverse hosted with each of Utah’s Angel Groups (Utah Angels, Olympus Angels, Park City Angels, Dixie Angels, Salt Lake Life Science Angels, and others).  As the exclusive sponsor, we had a fun time and were glad to receive such great feedback from each of the angel groups.  It was a fantastic day with great topics and plenty of networking.  Here are a few of the highlights:

  • Richard Sudek, Board of Governors for the Tech Coast Angels (largest angel group in the US), was our keynote speaker.  He did a great job talking about best practices and the do’s/don’ts they TCA has learned over the years.
  • Fortunately, I was able to take 30 minutes to present “The State of Angel Investing in Utah” to the group.  We have partnered with students at BYU to gather and analyze 51 angel investments that have been made in Utah over the past 18 months.  It was great data and interesting to see various trends, investments sizes, valuations, etc.
  • We had a fantastic panel in the morning focused on Investment Best Practices moderated by Greg Warnock (prolific angel and VC).
  • In the afternoon, Hal Widlansky led a panel to talk about the current climate and Structuring Deals in 2009.

Can’t wait to start sharing some of the content that we have gathered during research project — stay tuned for that!  Here are a few picture highlights:

Richard Sudek

Richard Sudek

Group

Group Shot