In this episode, Melinda Emerson chats with Lisha Bell about her journey into angel investing and venture capital. They delve into understanding different types of investors, common mistakes in seeking investment, and strategies for securing angel investors. They also discuss how to effectively pitch to potential investors and understand due diligence, closing with Lisha’s best business advice.
Lisha Bell is Co-Founder of BLXVC, an angel syndicate of moms funding Black and Brown founders. She is the host of the Sisters with Ventures Podcast, which aims to tell the stories of women in venture capital. Bell is also the prior deal flow lead for Pipeline Angels, an angel group of impact investors focused on women and femmes to build over 7M portfolio. Lisha also serves as board chair for Black Girl Ventures. In her day job, she is an Economic Opportunity Manager at PayPal. For more information lishabell.com
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This week on SmallBizChat Podcast:
- Angel investors are individuals who provide early-stage capital and are typically more personally invested in the business, while venture capitalists offer larger amounts of institutional capital at later stages and may exert more control over the company.
- To qualify as an accredited investor, one must have a net worth of over $1 million or an annual income of $200,000 if single, or $300,000 if married, which allows for investment in opportunities not available to the general public.
- When pitching to potential investors, it’s essential to convey your business concisely, demonstrate your qualifications, provide evidence of progress, and present a well-crafted pitch deck for review.
Resources Mentioned:
Online Courses: https://smallbizladyuniversity.com/academy
Connect with Lisha Bell:
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