The first feature of the Angel Investor Database is that it is actually organized by the names of the firms that are currently actively seeking new investment partners. This makes finding the names of similar companies expedient rather than painstaking as you would trying to sift through companies and narrow it down to just a few. In addition, this database is cross-referenced with a database of other information including bankruptcy filing information as well as with the Better Business Bureau.
The second feature of the Angel Investor Database is that it includes information on publicly traded companies as well as private companies. While it is unfortunate that the business section of most indexes does not include much information on start ups, it is still a very valuable resource for companies looking for angel investors. Unfortunately, the net is swarmed with information on publicly traded companies as well as that which is not truly a tip or the first time you are asked to invest in an ebook dreamed up by a brilliant marketing guru. The best way to know which pieces of the puzzle you are missing is to make the most of this online database that will give you pertinent data in a tidy format that you can find this week, or next week, or next month.
The third thing the database does is provide you with access to an interactive database where you can watch others invest and learn about successful investors from all over the country. The problem with access to the members of the Angel Investor Database is that you are required to sign up for the Angel Investor Craigslist. I don't know how much longer this will be available or how the decision to discontinue it will play out. Regardless, it does play a role in the investment decision making process and you want to be able to see other investors' picks and their success story.
The fourth thing that this asset will help you to do is to build relationships with the senior quickest. The person on the other end of the phone or in the office may be a millionaire several times over but if you don't know his name, you will probably never hear about the investment. The one resource that has continually impacted the entire investing sphere is the Angel Investors Review. Although this resource is run and dedicated for investors who Deals already deal with investments that are very active and growing, having another team of investors to license or sell out will change the game.