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Idealab  CERTIFIED

Firm Rating:

Rated 4.2 / 5.0 by 1
Track
Record
5.0
Operating
Competence
5.0
Pitching
Efficiency
5.0
Favorable
Deal Terms
3.0
Execution
Assistance
3.0

Firm Homepage:

FIRM OVERVIEW: Very Small Angels founded in 2010 based out of Pasadena, United States (US West)

FIRM DESCRIPTION: Bill Gross started Idealab in 1996 to create and operate pioneering technology companies. The structure of Idealab has allowed us to test many ideas at once and turn the best of them into companies, attracting the human and financial capital necessary to bring them to market. Many of these companies were among the first to introduce new business ideas to the market. CitySearch, now a part of IAC, established the category of local online community directories. eToys demonstrated the tremendous potential for online consumer retail and became one of the most recognized brands during the early days of e-commerce. Overture Services, which began life as GoTo.com, was the first company to introduce the concept of paid search — the business model that powers the multibillion-dollar online search market. Idealab continues to explore a range of technology frontiers. New models for improving the search experience are at the core of several companies currently growing inside of Idealab. Moving beyond the Internet, we have spawned companies with breakthrough technologies in robotics, renewable energy and automotive design and production among others. Idealab also continues to partner with leading venture capital firms and other strategic investors to provide the resources to maximize the potential of these companies.

TEAM MEMBERS:

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Friendly, Quick Answer

Fund: Idealab

Posted by lucasgw on 2012-09-28

PUBLIC:

I met with and pitched to an EIR at Idealab who I connected with through a mutual acquaintance. He was very polite and engaging, provided me good feedback, and quickly let me know where they stood. They're not currently interested and want me to get a little further along, but I appreciate a quick and decisive "no thanks." Allows me to move on.

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