We are interested in growing our membership and welcome your potential involvement. We look for individuals that are accredited investors and have the financial ability, risk tolerance and desire to make early stage investments. Members are also required to invest time in one or more of the operating groups within Private Capital Network in addition to time that may be required to mentor portfolio companies.
Unlike many angel groups, we do not admit prospective members whose overriding interest is in offering services to presenting startup companies. Lastly, we seek members that are accomplished in building startups and have domain expertise that can be utilized to evaluate of investment opportunities.
The culture of the organization is highly collaborative, team oriented, and professional. We learn from one another and believe that we fundamentally make better decisions as a group than as individuals. We are all dedicated to the group's growth and success. And finally, we are dedicated to making private equity investments that earn superior venture returns through both acquisition and public offering investor exit events.
If Private Capital Network sounds attractive and you would like to speak to us to learn more or ask questions, please email us at membership@PrivateCapitalNetwork.net. If you would like to attend a meeting as a guest (if you are an accredited investor), you are welcome to do so prior to making a decision to join the group. We look forward to hearing from you and learning of your interest.
* To be accredited under SEC Rules, an investor must have a net worth of over $1 million or an
income over the past two years of over $200,000 per year. More information can be found here.
MEMBERSHIP POLICY
Membership is by invitation only. We seek accredited investors who share the same goals and will actively contribute to the investment process. A Private Capital Network (PCN) member is an accredited investor who:
Is an active participant in the investment process;
- Has a risk profile that tolerates high risk investments;
- Is a trusted, honest and respected member of our business community;
- Is a contributor of time, wisdom, and experience to the deal flow process; and
- Is an individual who enjoys building relationships with other members and companies we work with.
- The benefits of being a PCN member include:
- A structure for pre-screening deals, so investors only see the best opportunities;
- Exposure to far more deals than each member would see individually (more Diversification and less risk);
- Sharing information and insight with other investors. Each member brings their Expertise on a specific field or industry useful in evaluating potential investments;
- Sharing of time and expense for due diligence, which can be time-consuming and Expensive; and
- Syndication to increase total capital invested and decrease individual risk; Camaraderie with other members who share the same goals.
- The responsibilities of a PCN member include:
- Attend at least 75% of the regularly scheduled meetings each year;
- Participate in at least one diligence team per year;
- Participate in at least one screen committee meeting per year;
- Invest in one deal selected by the membership each year;
- Timely payment of membership dues.
Prospective members are highly encouraged to attend a regular meeting as a guest before pursuing a formal application for membership.
CONFLICTS OF INTEREST
Because the nature of our investment process relies on trust, members must take steps to avoid potential conflicts of interest. In the case of any questions around this area, disclosure is the best policy. Members are expected to notify PCN Management, particularly concerning existing equity investments, paid consulting engagements, or other formal or semi-formal relationships with prospective PCN investments prior to due diligence. Additionally, competitive relationships or situations where access to proprietary information would advantage a member or an affiliated party should be disclosed to the PCN Management. Further disclosure to PCN members may be appropriate prior to closing a round of financing. Failure to divulge such information will result in cancellation of membership.