Easy To Approach
Fund: Pasadena Angels
Posted by Anonymous on 2008-08-28
Recently pitched Pasadena Angels. Because the members of the consortium are individuals who invest together, meeting face-to-face with one of the 'Directors' is usually the most effective method to engage them. A few of them hold coffee shop pitch sessions throughout the Southland.
PRIVATE: Members Only (281 Characters)Low Risk Tolerance.
Fund: Pasadena Angels
Posted by SoCalNoCal on 2007-09-19
The Pasadena group is pretty well organized and they have some really sharp people in the group, but in my opinion they are too risk averse. It’s not really angel investing if a company has a complete product and is in revenues. I think some of the members won’t invest unless you are already profitable. This is supposed to be the high risk/high reward 3% of a portfolio. You are never going to hit a home run if you are swinging for singles.
PRIVATE: Members Only (76 Characters)Update On The P As
Fund: Pasadena Angels
Posted by MikeGlanz on 2007-09-17
After reading the my post on TheFunded they got into contact with me and apologized for me getting "lost in their system".
They promptly put me in contact with Wayne Carter and we met to discuss the company and funding options. Wayne was a good resource and brought up the tough questions right away (which I take to mean he understood the concept of our company).
Once we actually got into contact with real people over there, they were very considerate and brought great discussion to the table.
Beware Unprofessionalism And Cold Shoulder
Fund: Pasadena Angels
Posted by MikeGlanz on 2007-09-07
I took the time to create a custom packet for the PAs, and in return I got a cookie cutter email... That was to be expected I guess... I'd send similar packets off to other groups of Angels who were nothing if not impressed by the quality, detail, and good organization of the packet.
The email they sent back mentioned they would get into contact with me in the near future... and it still hasn't happened. I know I'm on the entrepreneur side of the fence, but it seems to me if you want people to jump through hoops for the application (TechCoastAngels did this too) then you can at least have the courtesy of calling and at least pretending like your too busy, or you don't fund this kind of venture or something.
Update: The PA's did eventually get in touch with me.
PRIVATE: Members Only (306 Characters)