Excellent, Great Support, Best Managed Group,
Fund: Band of Angels Management
Posted by 4711 on 2010-07-22
Our experience has been excellent. Of all the pitches we did, they were the best managed group out there, by a large margin. Yes they screen 50 and typically invest in one. If you rate this group based on how easy it is to get funding.. yes this one would rate low. HOWEVER what most miss, is IF YOU GET FUNDED the support, the network of members, the clout they have, the experience and guidance, I don't think any other group can touch them. Also most seeking funding miss one thing. Your goal should not be to get funded, but to be successful. And I think having the funds is about 25% to be successful, while 75% is experience, advice, right choices, network etc, and for those 75%, there's nobody that comes close. Something else we noticed is if you make it to the dinner meeting, or get funding, doors open everywhere... And yes we ended up being one of those 50 that did get funded. My suggestion is, if you have something really truly amazing, not just another knockoff or spin, but something that really can change the world and be the next big thing, create a perfect pitch and give it a shot. You'll learn a lot and if you make it and get funded (or better have them involved), your chances for success will have leveraged.
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