How to be a Business Angel - SOLD OUT
Tuesday 20 March
This event is supported by Pictet
Come and learn the pros and cons of investing in early stage businesses before parting with your hard earned cash. Understand how to find deals, syndication and when to exit. The government is trying to boost the private sector and the introduction of the new seed enterprise investment scheme (EIS) means that from April next year, angels who invest up to £100,000 in a qualifying start-up business may be eligible for income tax relief of 50%. Join us at this enlightening session to hear from our seasoned INSEAD alumni panel.
James Leek (MBA 72) is a Chartered Accountant who survived the wild-west days of merchant banking then jumped ship into industry, building Caparo Group from sales of £0.5m to £350m. He is non-exec Chairman of three AIM companies and has built a portfolio of 20+ holdings in small ‘angel-type’ early stage companies ranging from restaurants to wind-turbines, and pet food to nanotechnology. This gives an interesting range of returns from a sprinkling of 50%+ irr's to the usual number of busts.
Andy Phillipps (MBA 99J) is a serial entrepreneur specialising in ecommerce and cleantech. He is currently exec-Chairman and co-founder of Reevoo, which provides social commerce solutions. Prior to this, he bought into and was chairman of Toptable, the largest online restaurant booking company in Europe (recently sold to Opentable). He also co-founded and was CEO of Active Hotels (now Booking.com), which grew to become the largest hotel booking company in Europe and was sold to Priceline.com
Michael Ullmann (MBA 78J) was affiliate professor in entrepreneurship at INSEAD (1987-2005). He is a serial entrepreneur and has been involved in more than 50 entrepreneurial businesses, many of which being INSEAD ventures. He is currently chairman of Prodigy, an educational debt provider and an active investor in I2O, water management, as well as Black Mountain Insulation, environmentally friendly house insulation.
Moderator: Reshma Sohoni (MBA 03J) joint founder of Seedcamp.
Moor House, 120 London Wall, London EC2Y 5ET
Nearest tube: Moorgate
TIME 18:30 for 19:00
COST Members £25 Non-Members £40