If I wanted to introduce an angel investor with a CEO of a company that wants to do a PPM, do I need a brokers license? How much are the fees typically charged (does 8% of what is being invested seem right?)? What books/cases can I read so that I can structure the deal smoothly? thank you very much for your help.
| Current and Former UBS Bankers: Do You Regret Joining? Was It Worth It? | 42 | 12h | |
| +183 | UBS IB Americas has failed, now behind Santander and Stiffel | 37 | 5h |
| +172 | Some banks are overrated as fuck | 56 | 5h |
| +144 | Beware all those preparing to recruit for '28 | 41 | 1d |
| +38 | Post-IB Paths (non-buyside) | 9 | 17h |
| +37 | Any tips for sleeping well? | 17 | 34m |
| +35 | Does making it in IB mean killing your personality? | 11 | 1d |
| +34 | How to be satisfied | 23 | 1d |
| +30 | Weird Question: Would you rather your MD be someone you despise, or someone you love? | 3 | 18h |
| +27 | Summer Class is wild | 17 | 1d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Answers to your questions:
A) don't need a b/d to do a private capital raise involving angels, particularly if they are accredited investors
B) 8% is very, very aggressive. 5% is more typical for this kind of representation
C) If you need to read a book/case to structure smoothly, then you and your clients would probably be better served by partnering with someone who has a track record doing placements and can effectively deal with structuring and term sheet negotiation. That being said, the book you would want is "Deal Terms - The Finer Points of Venture Capital Deal Structures, Valuations, Term Sheets, Stock Options and Getting VC Deals Done" by Alex Wilmerding
My advice: if you don't know how to do a placement, the more appropriate route to monetizing the introduction is negotiating a finders fee. Best of luck!
Maxime eius eveniet nam consequatur accusamus excepturi est. Corrupti consequatur quis quam. Sed est aut et ea hic.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...