Chapter 12 Cultures of EvaluationLeveraging Academia for Due Diligence in Angel Investments

Jerome A Katz

Brockhaus Endowed Chair of Entrepreneurship, Richard A. Chaifetz School of Business, Saint Louis University 3674 Lindell Blvd., St. Louis MO 63146.

It is a truism that in academia, everything is graded – the students, the faculty, the schools, everything. In that sense, academic institutions often embody cultures of evaluation. How would such a culture translate into a realworld situation such as an angel investment? This chapter outlines the approach used by Saint Louis University (SLU) in their Billiken Angels Network (BAN). They created BAN using the same evaluation culture used in their entrepreneurship classes, with deep analysis ...

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