Sales are strong – too strong.
But what Dellorso has constructed is a vehicle that not only helps aspiring businesses find backing, it’s also a pool for investors to select worthwhile ventures.
Angels invest in people, more often than they invest in ideas.
On a recent morning, just about every one of the cafe’s 110 seats were occupied — even at 10 a.m.
Earlier this year, Internet entrepreneur and blogger Jason Calacanis started Open Angel Forum, which holds free pitch events in various cities where entrepreneurs selected from a pool of applicants can pitch to about 20 to 30 angel investors.
Driving such a renewed sense of optimism is the relative resurgence in the IPO market and a strong pickup in mergers-and-acquisitions activity.
OpenForum.com: Research shows that over 90 percent of new ventures start with whatever money entrepreneurs can scrounge from personal resources.
A report got into the nitty-gritty details of the massive bill and uncovered some stipulations that would definitely affect the early-stage investment market, possibly making raising funds for web-based and technology startups a whole lot more difficult.
As it turns out, in the Queen City even Shark Tanks are decidedly genteel.
Pitching your startup to investors is a deeply personal matter.