Angel Profile: North Dallas Investment Group

September 11, 2008

Mary Ann Sadowski of the NDIG was kind enough to do a quick Q&A about their angel group:

Quick Facts:

Q & A

Are you for profit or not for profit?

Not for profit.

How many angels are in your group?      

15         

Do you charge angels?

No.

How frequently do you meet? 

We currently do not meet. Our group is a virtual group.

Do you invest individually or in a pool?

Individually

What was the first company your group invested in?   Church Music Now.com  The most recent?     North American Technologies

What is the process for entrepreneur who is interested in pitching?

Sign-up on-line through the AngelSoft software. 

Do you charge entrepreneurs?   

No.

What is the mission/vision of your group?  

Provide a platform for accredited investors to view various types and sizes of companies seeking private capital.

How many companies do you think your group has seed funded?   

20 (our group has been investing since 1997)

What sort of return has the group generated in the aggregate on its investments (ballpark estimate)? 

$1M +