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Investor profile: Peter M. Skanavis, tech angel, sees investing as civic duty

MILWAUKEE Before a technology entrepreneur can raise the seed capital he needs to fuel his rapidly growing business, he needs to identify one or more individuals who are legally allowed to make angel investments.

This is not an easy thing to do. But fortunately for southeastern Wisconsins tech community, Peter M. Skanavis is doing everyt......

Full article >>> s, that was forming in Milwaukee. By teaming up, potential angels would be able to share their research and look at more good deals.

The Legal Definition of an Angel

According to
Regulation D of the Securities Act of 1933, potential angel investors must have a net worth in excess of $1 ......

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He is proud of his angel investing, and he hopes to encourage more high-net-worth individuals to become angels. If we could get 20 or 30 angel investors together in a group, and hire a research analyst, we could get some good deals, Skanavis said. The valuations have come down.

Skanavis is also proud of the impact that angel investing has on local communities. As a fellow ent......

Full article >>> om.

The opinions expressed herein or statements made in the above column are solely those of the author, & do not necessarily reflect the views of Wisconsin Technology Network, LLC. (WTN). WTN, LLC accepts no legal liability or responsibility for any claims made or opinions expressed herein.......

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'"/> By Teresa Esser 09/20/04

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