Does Wharton Alumni Angels co-invest or share deals with other investors?
We do often invite other angel networks or VC firms to invest in companies we are in contact with but, in doing so, we follow normal prudence and business etiquette. Before sharing any deal with others we obtain permission from the entrepreneur to share the deal as well as permission regarding which information we may share. Before sharing with other investors we make the investment fully available to Wharton Alumni Angels investors first, including in other regions around the world. Before sharing, we also make sure the entrepreneur commits to an allocation in the deal for our investors so that our investors are not excluded from the deal. Making a “backroom” deal that results in excluding other Wharton Alumni Angels members from the deal is prohibited by our Member Agreement and may result in loss of membership.