Frequently Asked Questions
You Asked. We Answered.
Here are some answers to the questions we receive most from investors who are interested in becoming a Yellowstone Angel.
Venture Capital is a form of private equity that provides investors an opportunity to invest in the private sector. While large Private Equity firms typically take control of a business, VC capital generally allows the founder to lead his or her organization and remain in control. This form of receiving capital allows an avenue of financing for startup companies and small businesses that have growth potential.
To become a Limited Partner in our fund, there are two requirements. First, each Limited Partner (LP) must qualify as an accredited investor. The SEC defines an accredited investor as a person with income exceeding $200,000 in each of the two most recent years, or joint income with a spouse exceeding $300,000 for those years OR a person who has a net worth that exceeds $1 million (outside the value of the primary residence). Second, Limited Partners will enter a non-binding pledge agreement in which they commit to investing at least $25,000 per year and they must exhibit the highest level of professionalism and confidentiality.
Limited Partners commit to attend monthly meetings where potential investments will be presented and discussed. LP’s must be willing to commit to the minimum investment as described above for at least 1 year.
Yellowstone Angels™ is an Eastern Idaho-based venture fund that is dedicated to growing the local economy in Idaho. Our investment thesis is industry agnostic, meaning that we are open to investing in all types of businesses, regardless of the industry so long as they have perceived growth potential. Businesses will be found through the firm as well as networking through the Limited Partners and local community.
Each business will be assigned a mentor who reports back to the group quarterly. It will include revenues, changes, growth and any other updates that investors may deem necessary. Each year, the founder will also come and report to the team on their progress and success.