Seed Fund

Find it a la shma What are angel investors and

seed funds Just call me angel Thanks That's All right

It's early in the morning here and we just do

that sometimes Yeah All right Well an angel investor is

typically i'm sorry Won't sing again An angel Investors typically

someone who was wildly successful in an entrepreneurial venture of

their own They feel a kind of moral obligation to

recycle their winnings And in most cases very very early

stage companies are so extremely risky with failure rates over

ninety nine percent Well that it takes some kind of

angel to come in and invest the first few hundred

grand Get them started building that nose picking device the

world has always wanted no And since in most cases

very early start ups have absolutely no idea what they're

worth So many initial angel investments carry no price meaning

that there was only one term carried by the money

invested It will be valued at say a ten percent

or whatever number discount toe whatever valuation The next round

if there is one values the company at while the

first few million bucks into google by a small handful

Of already successful silicon valley types ended up being converted

into stock in their initial or a round which was

done at a whopping almost seventy million dollars It was

done at the height of the first internet bubble and

while timing is everything sometimes google's original investment netted it's

angel investors some ten thousand times their money and spawned

a whole many industry in angels getting together hoping tio

you know do more googles When angels pool their money

they create what is called a seed fund think seeds

planted in the ground to eventually bear fruit You know

like that And when seed investors are right yeah sometimes

they make that ten thousand times their money thing and

yahoo google facebook and a small handful of others all

live in this lofty world of ten thousand xers We're

on ly the loftiest of angels fly q's call me

change All right i'll stop Hey if you've got google

money and you can call me whatever you want No