PRESS RELEASE
Angel Investing on the Upswing in the Southeast and
Atlanta Leads the Way
Atlanta has led the Southeast in many socio-economic areas for generations. The Network
of Business Angels & Investors (NBAI) has been named the Most Active Angel Investor Group in the Southeast. Since NBAI
is headquartered in Atlanta, that makes Atlanta the most active angel community
in the Southeast.
Atlanta, GA (PRWeb) January 22, 2007 -- The Network of Business Angels
& Investors (NBAI) was named the Most Active Angel Investor Group in the Southeast because they had more than 40 new private
equity investors attend their meetings in 2006, held more investor forums than any other group, and considered more qualified
ventures. They are starting 2007 running with three private equity events scheduled before the dogwoods bloom in Atlanta. The first one is scheduled for Wednesday, January 24th. Followed by the next events on February 27th,
and April 18th. NBAI had to move its meeting location from the Buckhead Club
to the The Ravinia Club to accommodate the growth in attendance to their meetings. For more information about the upcoming
investor event, upcoming events and to RSVP, go to www.nbai.net
The Network of Business Angels and Investors is entering into its 12th year of helping their members connect with
companies seeking capital. Founded by Jerry Martin, NBA&I began with just 4 eager angel investors in 1994 with a dream
to help entrepreneurs, to become an active investor community of over 90 members. During this time our investors have participated
in 57 Transactions (valued at $23.7 Mil.), with individual investments ranging from $10K to $3million. As the times and the
market have changed, so has NBAI. In 2005, NBAI came under new management. Led by Karen Rands, NBAI combined
forces with Launch Funding Network to screen and prepare companies for consideration and to host and run the private equity events.
In 2006, NBAI began syndicating with other angel investor organizations, helping one company gain momentum in their capital
raise. That company is Vystar. Vystar licenses! Their bio-chemical process for making LATEX non-allergenic to large LATEX
processors and manufacturers. Investor groups in Indiana and New
York have expressed an interest in joining
NBAI on this investment because of the local presence and the rich potential of the company. They are on track for a liquidity
event in mid 2008 and the founders provided 40X return to their investors in a previous venture.
When asked what it
was like to manage the Most Active Angel Investor Group in the Southeast, Karen Rands replied, "The
new NBAI offers a secure environment for seasoned and new private equity investors to come together to collaborate, learn
and prosper. Although each investor makes their own investment decision and realizes the risk associated with this type of
investment, they also know that there is little that is more satisfying than to be able to point to a thriving large company
and know that not only did they help get that company going with their expertise and investment dollars, but they also received
a sizable multiple on their money. Research showed that wealthy individuals that could invest and wanted to invest, most often
didn't invest because they were unfamiliar with the process. Part of our growth has come from the environment we create that
investors want to bring their friends that are investors to and we provide a training book called ‘Learn! To Be an Angel
Investor.'"
NBAI Is committed to serving the investor community by providing qualified deals for consideration and
a creating an environment that they can Learn, Collaborate and Prosper. The meeting on January 24th has a solid line up of
technology and software companies ready for consideration by the investing community and will create a solid foundation for
NBAI to continue to build upon.
Press Contact: KAREN RANDS
Company Name: Network of Business Angels
& Investors
Email: email protected from spam bots
Phone: 678-222-3473
Website: http://www.nbai.net
