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“Having an organization like the Conductor or like Startup Junkie to get awareness out about innovative companies and putting these innovative companies in front of people has definitely helped,” he said. And when a great Arkansas company does come around, you’re going to be burned out and not excited about it.” “They’ll say, ‘I’m only going to invest in Arkansas companies.’ That’s not ideal because what happens is, you’re going to invest in less than the best, basically. “The worst-case scenario and the problem that some folks run into is, they’re myopic,” he said. “If you’re a great biotech company around here, there’s a good chance that you’re going to have to go raise your money from angels or venture capitalists elsewhere, potentially,” Amerine said “If you’re an aerospace company, maybe you have to go where there are a ton of people who understand what you’re doing.”Īnother point some new investors tend to get hung up on is the desire to remain hyper-focused on opportunities where the common denominator is Natural State roots. This understanding (or lack thereof) is often the most important factor in choosing to invest. Investors new to the angel scene are sometimes overwhelmed by the complexity of some startups, particularly if it’s in an industry that’s not widespread in the state. All that said, angel investing requires more than the mere ability to write a check.

David mcdaniel cardinal land investors llc arkansas