Overview of the Deal Memo Process
SWAN deal memo work is led by a deal lead who works with section contributors. The section contributors work on one section of the memo, for example, team, finance or marketing and sales.
However you decide to help, you will find the work both interesting and highly educational. Your ability to confidently evaluate a startup will increase. And you will also get to better know other SWAN members, increasing your sense of belonging to a group dedicated to making the world a better place.
If you have not helped before, you will be well supported and you will realize, when the memo is finished, that you really do have the skills and experience required to contribute. Your life experience is all you need to bring to the table.
Considering being a Deal Lead?
A good place to start, the reflections of a first-time deal lead.
Deal leads are required to be a SWAN member (angel, associate or intern) and to have worked on a prior deal memo.
The Deal-Memo-Guidelines-2021-09-29 provides a complete description of the process by which a deal memo is written.
The SWAN Impact Deal Memo 2022-09-14 is the template for Deal Memo.
Considering being a Section Contributor?
In some cases, we will have several people working on one section.
An “Introduction to Writing a Deal Memo Section” provides a step-by-step cookbook for section contributors You can view the material in one of two ways, whichever you prefer, as a a 12 minute video and a pdf file.
The Deal-Memo-Guidelines-2021-09-29 provides a complete description of the process by which a deal memo is written. Additionally, if you are working on the Impact section, you will find the Guide to Impact KPIs to be helpful.
The SWAN Impact Deal Memo 2022-09-14 is the template for Deal Memo, and contains a wealth of information that guides the writing of each section of a memo.
The Angel Investing 201 webinar gives some guidance for each section of the deal memo. The Angel Investing 202 provides information on deal terms.
Getting Help from Non-SWAN Members
We reach out to Subject Matter Experts (SMEs) when we need advice on a specific market or technology. To engage with a SME, please first check with Associate@swanimpact.org to see if they are already registered in our system. If they are not, have them return a SME Application Form to Associate@swanimpact.org.
If you would like for someone outside of SWAN to help draft a deal memo, please invite them to become a Guest Angel, and have them return the Guest Angel Application Form to Associate@swanimpact.org.