# Resources for founders and investors | TechAngels

> Practical guides on fundraising, pitch decks, term sheets, due diligence, syndication and portfolio strategy, written from TechAngels' experience.

Source: https://techangels.ro/resources/

## For founders

- ### [How to make a pitch deck: the TechAngels guide](/resources/how-to-make-a-pitch-deck/)

How to make a pitch deck that gets you the meeting: the slide-by-slide structure, length and design rules, and how TechAngels reads founder decks. 17 July 2026
- ### [Pre-seed, seed and Series A: funding stages explained](/resources/pre-seed-seed-series-a-funding-stages/)

Pre-seed vs seed vs Series A: what each funding stage means, what investors expect as evidence, and how to tell which stage your startup is at. 17 July 2026
- ### [Startup funding in Romania: the complete guide](/resources/startup-funding-in-romania/)

A founder's guide to startup funding in Romania: the sources, the stages, how much to raise, and how the business angel process actually works. 17 July 2026
- ### [What is a business angel and how do they invest?](/resources/what-is-a-business-angel/)

A business angel is a private investor who backs early-stage startups with their own money plus hands-on help. How angels invest in Romania. 17 July 2026
- ### [What is a term sheet? Explained clause by clause](/resources/what-is-a-term-sheet/)

A term sheet sets out the price and terms of an angel investment before the contracts. Here is what each clause means and what to negotiate. 17 July 2026
- ### [Pitch Deck Guidelines for founders](/resources/pitch-deck-guidelines-for-founders/)

From the many pitches TechAngels sees, clarity makes the difference: a practical pitch deck guide and illustrated roadmap for founders. 6 July 2026
- ### [GENERAL RULES FOR PITCHES](/resources/general-rules-for-pitches/)

TechAngels' short-form pitch rules: max 10 slides, one message per slide, and the 8-part structure from market grabber to investment sought. 1 July 2026
- ### [Why “correct” pitches still fail to convince](/resources/why-correct-pitches-still-fail-to-convince/)

Even when slides tick all the boxes, the message often fails to land: Ana Maria Andronic on why correct pitches don't convince investors. 25 June 2026
- ### [What to expect from your business angel – Machinations](/resources/what-to-expect-from-your-business-angel-machinations/)

We've gotten help from angels during our pre-seed and seed funding stage, so from product development and initial traction up to go-to-market/monetization. 29 December 2021
- ### [What to expect from your business angel – AiVA](/resources/what-to-expect-from-your-business-angel-aiva/)

I started working with angel investors from the inception of the start-up idea. 24 November 2021
- ### [What to expect from your business angel – Aggranda](/resources/what-to-expect-from-your-business-angel-aggranda/)

Aggranda targets international clients. Because of that, our marketing budgets were high from start and I initiated discussions with angel investors from day 1. 16 November 2021
- ### [What to expect from your business angel – VoxiKids](/resources/what-to-expect-from-your-business-angel-voxikids/)

A startup founder on how angel investors contribute to a startup's progress and make success far more likely with their help. 9 November 2021
- ### [What to expect from your business angel – Procesio](/resources/what-to-expect-from-your-business-angel-procesio/)

Back in 2016, I was looking for a mentor that would help me better understand what I needed to do next, how to do it, and help me gain confidence in myself. 1 November 2021
- ### [What to expect from your business angel – Bright Spaces](/resources/what-to-expect-from-your-business-angel-bright-spaces/)

I started discussions with Angels right after we decided to start Bright Spaces as a tech startup following the path of subsequent funding rounds. 26 October 2021
- ### [What to expect from your business angel – Soleadify](/resources/what-to-expect-from-your-business-angel-soleadify/)

We started working with angel investors right from the start, launching Soleadify with an angel investment of €50.000 from Matei Pavel. 18 October 2021
- ### [What to expect from your business angel – RepsMate](/resources/what-to-expect-from-your-business-angel-repsmate/)

We've started working with one angel investor since idea phase, and gradually we've involved more angels to cover most of the areas we considered most important. 11 October 2021
- ### [What to expect from your business angel – SmartDreamers](/resources/questions-for-founders-who-worked-with-angels-in-the-past/)

Choosing a business angel means committing to someone who gets access to the core of your team's work for the long term. 5 October 2021
- ### [Download – The Good Advice Booklet](/resources/the-good-advice-booklet/)

TechAngels angel investors share their best advice for founders in The Good Advice Booklet, a crash course in management. 22 September 2021

## For investors

- ### [What is syndication and how angels invest together](/resources/angel-investment-syndication/)

Angel investment syndication is several angels pooling small tickets into one round behind a lead investor. How it works and why angels use it. 17 July 2026
- ### [Angel portfolio math: why diversification is everything](/resources/angel-portfolio-math/)

Angel returns follow a power law: one winner can outweigh every loss. An angel investing portfolio strategy means many small cheques, not a few big bets. 17 July 2026
- ### [Due diligence for angel investors: the full checklist](/resources/due-diligence-for-angel-investors/)

Due diligence for angel investing, sized to a €10-20k cheque: the five areas, the questions and documents to ask for, and the deal-ending red flags. 17 July 2026
- ### [How to become a business angel in Romania](/resources/how-to-become-a-business-angel-in-romania/)

How to become a business angel in Romania: what it takes, how much capital you need, solo vs network, and how TechAngels membership works. 17 July 2026
- ### [Investors Learn Too: How Business Angels’ Investment Thesis Is Changing in the AI Era](/resources/investors-learn-too-how-business-angels-investment-thesis-is-changing-in-the-ai-era/)

How business angels' investment thesis is evolving in the AI era, from a candid TechAngels discussion on early-stage investing. 21 May 2026

## For the whole ecosystem

- ### [10 Unicorns in 10 Years – Step 1 – Never Walk Alone](/resources/10-unicorns-in-10-years-step-1-never-walk-alone/)

Why business angels and venture capital firms are stronger together: the case for co-investing in early-stage startups. 10 October 2024
- ### [It’s Time to Dream Big – 10 Unicorns in 10 years](/resources/its-time-to-dream-big-10-unicorns-in-10-years/)

Marius Istrate's vision for Romanian tech: creating 10 unicorns in 10 years by dreaming big and acting boldly. 10 September 2024

Looking for the process itself? Start with the [founders track](/founders/) or the [investors track](/investors/). Data and reports, including the impact of angel investment in Romania, live under [About](/about/impact/).
