The Managing Member reviews executive summaries and business plans submitted by Entrepreneurs and determines which deals are appropriate for presentation to the Club. Consideration is focused on the management team, market size, initial due diligence findings and other factors relevant to generating a favorable return to the Club. Most of the presenting companies are in their early stage of growth, providing the opportunity for a relatively large equity-for-investment ratio. Companies in other stages are also considered on a case-by-case basis.

Dinner Club meetings are held ten times a year at which time one or two companies present to members. After each company presentation, a question-and-answer session follows and the group discusses whether to proceed with further investigation of the company. A due diligence committee of several investor members is appointed to work in conjunction with the Managing Member to follow-up with the prospective company and recommend an investment action to the group. The members vote at a subsequent meeting whether to proceed in making an investment.

Transaction size varies, but most initial investments range from $150,000 to $200,000. The Club will also participate in follow–on rounds of financing where appropriate.

The Club co-invests with established venture capital firms, other Angel investing clubs and other sources of capital when practical and takes a lead in an investment at other times. However, the final investment decision is at the sole discretion of members.

The structure of each deal is negotiated on a case-by-case basis by the Managing Member, but usually consists of preferred stock or convertible debt as opposed to other instruments.

At this time the Club is fully invested and are not making any new investments.