N1AC Founder Pitch Brief
N1AC is a small group of active angel investors deploying their own capital. There is no pooled fund and no centralized decision. Each investor decides independently and can move directly. You will join a monthly investment meeting with up to 10 minutes of presentation followed by Q&A. You may present in English or Chinese, with or without slides. We recommend ~7 minutes to allow for discussion.
After the meeting, each investor decides independently whether to follow up. There is no approval process. If there is interest, we move quickly. You can expect a clear go or no-go within about one week, aligned with your fundraising timeline. Follow-ups are short, with light diligence.
Over time, this format has proven to be efficient. In most cycles, at least one company receives investment, and founders often move from first meeting to funding within one to two weeks. Even when we do not invest, founders consistently value the clarity and honesty of the feedback. Many also find early users, collaborators, or long-term relationships through the network.
We invest through a standard SAFE with a valuation cap, based on your stage and progress. Once terms are agreed, we are set up to close quickly. Each investment is made directly, and the full amount goes to the company.
We use a standard two-SAFE structure: roughly two-thirds is held by the individual investor, and one-third by the founder of N1AC in a personal capacity. The founder is an experienced angel investor with 100+ early-stage investments in the U.S. Both SAFEs share the same core terms, including valuation cap, discount, MFN, and key provisions. This is defined before signing, does not change your total dilution beyond the agreed amount, and does not affect future financing. This structure aligns incentives across the network, with part of the platform participation used to reward contributors and keep investors engaged.
After investment, we create a shared channel. Investors may support where relevant, based on their background and availability, and often engage on product, hiring, early customers, and technical decisions. For exits or transfers, each investor and the platform act independently.
The goal is simple: give founders access to a small group of serious, fast-moving investors, with clear feedback and the ability to close quickly.
In your pitch, focus on the essentials: who you are, what you are building, why now, what you have validated, and what you need next.