Subject: SAMPLE Deal Memo

Subject: SAMPLE Deal Memo

<p> SAMPLE - Two Pager for syndicating deals</p><p>Purpose: The following template is intended for use by all angel groups in ACA NE so as to facilitate deal syndication.</p><p>Disclaimer: Reference is made to the Agreement of Cooperation (the “Treaty”) entered into between various angel groups in ACA NE. This Two Pager is provided conditional on and subject to the provisions of the Treaty. By their acceptance hereof, the persons receiving this Two Pager hereby signify their accession to the provisions of the Treaty. To view the Treaty, please go to www. ______com/DD Treaty.</p><p>Name of Company: ______</p><p>Lead Angel Group: ______</p><p>Name of Lead Investor: ______</p><p>Email address of Lead Investor: ______</p><p>Phone number Lead Investor: ______</p><p>1. Overview Provide company’s date of formation, location, why formed, key milestones in its history.</p><p>2. Deal Describe the structure (including closing date) of the current deal and whether prior investors are participating. List names and amounts of significant investors in the current round. Detail any investors who will be providing specific active involvement in the company.</p><p>3. Investment Thesis Provide a summary of why this is an attractive investment. 4. Investment Considerations List (a) positives and (b) negatives to this deal.</p><p>5. People Describe and provide assessment of the management team, Board, Advisory Board, and employees. </p><p>6. Product Describe the product, current customers and pipeline, sales cycle. Include your assessment of the product.</p><p>7. Market Estimate market size and your assessment of it. </p><p>8. Competition List actual and potential competitors and provide your evaluation of where they stand relative to the company. Include barriers to entry. </p><p>9. Financials Provide your assessment of the company’s financial presented in due diligence, including cash flow and when next financing is likely to be required. 10. Milestones to exit List the company’s next several milestones and including the key ones that will get it to Exit.</p><p>11. Exit Describe the company’s exit strategy as well as your assessment of it.</p><p>12. Due Diligence List Provide full list of Due Diligence completed and advise of availability for viewing by other groups. Refer to Minimum Standards of Due Diligence memorandum prepared for ACA NE groups.</p>

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