Membership is by invitation only. Generally, one must be sponsored by a current member who knows the new member and can recommend them. Nevertheless, we do accept new members initially unknown to the group and all who fit the criteria and have an interest are encouraged to consider the group. Angel investors that are interested to apply for membership with Satoshi Angels are invited to attend a Angel Dinner. The membership process includes completion of a Member Information Form and meeting with several members of the Membership Committee for informal conversations. These meetings are a great opportunity for prospective members to learn from the members about the process and their membership experience. It is readily apparent by all sides if a fit exists and, if so, an invitation is extended.
Investing alongside experienced angel investors enables the pooling of capital and aggregation of expertise from multiple industries and operational skills, resulting in more effective due diligence, terms negotiation and board stewardship. Nearly all members have made an investment last year.
Members attend monthly meetings where 2 companies deliver investor pitches. These companies are selected from the 10+ companies that are actively sourced by SA each month and screened via a process that has been honed over the last 5 years.
SA’s internal rate of return (IRR) is about 20% based on valuation of the company's SA members have invested capital in.