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These organizations thrive in those geographic areas where you don't have a critical mass of angel investors amongst whom you can syndicate a deal. It's really
by sachinag 17y ago
These organizations thrive in those geographic areas where you don't have a critical mass of angel investors amongst whom you can syndicate a deal. It's really quite that simple.
Here in Chicago, DePaul University puts on an annual event that cost $80 to attend to "Meet the Angels". Too bad none of these "angels" actually do any deals, so it's a total sham. I'm sure they're laughing all the way to the bank.
- thwarted 17y agoI read about those events in the "College of Computers and Digital Media" (or whatever they are calling the CS department now) newsletter/mailings a while ago (after I relocated to SF), and thought it sounded like too good to be true. I think the main goal of it is to be marketing for the CS department like "if you attend here, look at the kind of access you'll have".