Comparison · 12 material differences
HBS Alumni Angels vs Houston Angel Network
This comparison was generated on request from the records. It carries no editorial verdict and is not indexed. The published comparisons are listed on the compare page.
Read down each column for one organization, across a row for the difference. A bronze mark at the left of a cell means the organizations differ on that row. A dash or “not published” means the organization does not disclose the fact — it is not a zero.
Verified September 2026
Investment community
Verified September 2026 HBS Alumni Angels
Harvard alumni who are accredited investors and want to invest in and advise early-stage companies
Investment community
Houston Angel Network
Accredited investors in the Houston area who want to make and manage their own early-stage investments
What the records say
- Accredited-investor status — HBS Alumni Angels: Accredited-investor status is required to take part in investing; the Greater New York chapter requires it for pitch-night participation and the Northern California chapter requires accredited-investor status with Harvard affiliation; Houston Angel Network: Members must be accredited investors as defined in SEC Regulation D.
- Annual dues — HBS Alumni Angels: $350 a year; Houston Angel Network: $2,080 a year.
Side by side
| HBS Alumni Angels | Houston Angel Network | |
|---|---|---|
| Profile | ||
| Type | Investment community | Investment community |
| Founded | Not documented | 2001 (The organisation describes itself as the oldest angel network in Texas, dating its investment record to 2001.) |
| Headquarters | United States | Houston, United States |
| Geographic footprint | 20 chapters across North America, South America, Europe, Asia and the Gulf | Single group based in Houston; invests principally in Texas and the US Gulf Coast |
| Members | 1,000as of September 2026 | 100as of September 2026 |
| Chapters | 20 | Single-city organisation; no chapters |
| Primary audience | Harvard alumni who are accredited investors and want to invest in and advise early-stage companies | Accredited investors in the Houston area who want to make and manage their own early-stage investments |
| Typical member | Members are alumni of Harvard Business School or of any Harvard University school. Chapters require accredited-investor status to take part in pitch nights and investing. Companies pitching do not need any Harvard affiliation. | Members are accredited investors as defined in SEC Regulation D. The group draws heavily on Houston's energy, technology and health/life-sciences communities, and members invest their own money deal by deal rather than through a pooled fund. |
| Qualification | ||
| Accredited-investor status | Accredited-investor status is required to take part in investing; the Greater New York chapter requires it for pitch-night participation and the Northern California chapter requires accredited-investor status with Harvard affiliationApplied at chapter level, not by the associationverified September 2026 · source ↗ | Members must be accredited investors as defined in SEC Regulation DQuoted on the membership page: members "must be accredited investors, as such phrase is defined in Regulation D promulgated by the Securities and Exchange Commission"verified September 2026 · source ↗ |
| Invitation required | No | No |
| Sponsor required | No | Not documented |
| Application process | Prospective members apply to their nearest chapter rather than to the association. In Greater New York, HBS alumni use the chapter join or renew link, while graduates of other Harvard schools submit contact details through a form and wait about seven business days for staff to set up an account. In Northern California, applications run through a Gust page. Requirements and processing differ by chapter. | Prospective members apply through the network's Dealum membership application portal, linked from the homepage and membership page. Applicants can also contact the managing director directly. Accredited-investor status is a condition of membership, and the group publishes a code of conduct and bylaws that members agree to. |
| Selectivity | Not publicly disclosed. The binding constraint is Harvard alumni status plus, in chapters that state it, accredited-investor status. | Not publicly disclosed |
| Cost | ||
| Annual dues | $350 a yearGreater New York chapter, one-year membership; includes HBS Club of New York membership and Angel Capital Association membership, which the chapter values at $199verified September 2026 · source ↗ | $2,080 a yearIndividual membershipverified September 2026 · source ↗ |
| Initiation fee | Dues are charged by the chapter, not the association, and are published only by some chapters. | $2,000 one-timeOne-time initiation fee payable in addition to annual dues at either membership levelverified September 2026 · source ↗ |
| Local chapter dues | Dues vary by chapter and most chapters do not publish them. The association charges no separate central membership fee that it discloses.verified September 2026 · source ↗ | Not publicly disclosed |
| Membership term | Annual; the Greater New York chapter also sells a three-year term | Annual |
| Structure | ||
| Meeting frequency | Chapter-dependent: monthly pitch nights in Greater New York, quarterly pitch events in Northern California; plus association webinars, bootcamps and an annual conference | Monthly selection meetings plus approximately ten pitch events a year |
| Peer forums | Chapter selection committees and due-diligence teams; each invested company in the Greater New York chapter is assigned a lead investor | Not documented |
| Confidentiality | Not publicly disclosed; the association publishes a community values statement | Members agree to a published code of conduct; deal material is held in a password-protected deal-management platform |
| Time commitment | Not documented | Not documented |
| Organized as | Chapter-based, Event-focused | Event-focused, Clubhouse premises |
| Confidential peer forums | No | No |
| Local chapters | Yes | No |
| Virtual membership | Partial | Not documented |
| Online community | Yes | Yes |
| Member directory | Yes | Not documented |
| Events | Yes | Yes |
| Programming | ||
| Educational programming | Yes | Yes |
| Leadership development | Partial | No |
| Retreats | No | No |
| Travel | No | No |
| Family programming | No | Partial |
| Spouse and partner programming | Not documented | Partial |
| Next-generation programming | No | No |
| Investment discussions | Yes | Yes |
| Investment opportunities | Yes | Yes |
| Philanthropic component | No | No |
| Networking emphasis | High | High |
| Social emphasis | Medium | Low |
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Last verified: not yet reviewed
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Sources
Drawn from the sources listed on each page: HBS Alumni Angels · Houston Angel Network