It's an exciting time! Princeton and its alumni have caught the start-up bug and as a result, there are a lot of offerings out there. But what is the difference between them all? Don't see your answer here or want to get in touch with us? Email us at firstname.lastname@example.org.
PAA: Princeton Alumni Angels
PAA is a group of Princeton alumni and friends who are interested in investing their time, expertise and capital in exciting startups. PAA provides mentorship, access to experienced entrepreneurs, relationships with potential investors and a supportive community with a shared Princeton bond. If you are selected by PAA as a qualified startup, you will obtain access to the PAA community and have the opportunity to pitch PAA angels for a seed investment. As an added bonus, if you receive an investment of more than $50,000 from PAA, you may then be eligible to apply for matching funds from Princeton’s Alumni Entrepreneurs Fund.
How do startups qualify to be an entrepreneur with PAA?
For a company to qualify for PAA, one of the founding team or senior leaders of the company must be a student/alum/faculty of the university and a 5% equity holder. This person must be engaged in the company's success on a day-to-day basis. A qualifying leader for PAA must be more active than an advisor. The startup needs to be more than just an "idea" -- ideally an MVP with some traction. Interested? Contact us here.
How can I become an angel with PAA?
We’re looking for angels from all walks of life. We love experienced investors and folks who can bring relevant industry networks to bear. We equally love alumni who are excited to get involved, but may be new to the world of venture investing. We also welcome friends, faculty and family members of the Princeton community.
We want as many Tigers supporting other Tigers as possible, so we've set a low minimum investment threshold to promote participation across our community. Even if you're new to angel investing, as long as you're fired up by Princeton startups, keen to invest and can check the accredited investor box, you're welcome to join us! Interested? Contact us here.
You probably already qualify as an accredited investor! What a great way to diversify your portfolio?
Who is an angel? You can be! An angel is an accredited investor (basically someone who has some extra cashola to invest). To be considered an accredited investor, one must have a net worth of at least $1,000,000, excluding the value of one's primary residence, or have income at least $200,000 each year for the last two years (or $300,000 combined income if married) and have the expectation to make the same amount this year.
Click here for the definition and requirements of an "accredited investor" per the SEC's website.
What is Angel Investing?
Angel Capital Association - ACA is a collective of accredited angel investors, North America's most prolific early-stage investment class. The association is the largest angel professional development organization in the world. Check out their FAQ page with general information about angel investing here.
Love entrepreneurship in general but don't want to be an angel or investor?
Come and meet like-minded Tigers are our upcoming events! RSVP here.