The Holy Grail of Angel Investing
More than $23 billion is invested in early-stage companies by angel investors each year. In the greater Philadelphia Area, there are more than a dozen angel investment groups and many more individual investors who invest in hundreds of new companies each year. Research has shown that companies who receive angel backing grow faster, are more stable, and create more jobs than non-angel backed firms. This is because angel investing is about more than just money—the best angels can bring contacts, relationships, and industry expertise to open up markets previously unavailable to most entrepreneurs. To learn more about how your company can leverage the local angel ecosystem, and how angels can help grow your company, please join us for a brief presentation and question and answer session led by Hill Wallack attorney Matt Devine.
Matthew L. Devine is an associate in the Yardley, Pennsylvania office of Hill Wallack LLP, where he is a member of the Venture Capital & Emerging Markets, Banking & Financial Services, Business & Commercial Services, and Public Finance practice groups. He concentrates his practice in business and financial transactions and has experience working with entrepreneurs, investors, financial institutions, and closely-held businesses. He has also designed and co-taught a course at Temple Law School focused on entrepreneurial finance. Prior to joining the firm, he served as a law clerk with Robin Hood Ventures, one of the region’s largest angel investment networks. Additionally, he has advised a major regional foundation on the development of its impact investing portfolio and has experience working with mission-driven lenders and other community development financial institutions. Matt is admitted to practice in Pennsylvania and New Jersey and received his J.D. from Temple University’s James E. Beasley School of Law and his Masters of Public Affairs and Politics from the Edward J. Bloustein School of Planning and Public Policy at Rutgers University.