I think this thread is VERY necessary. Inventors and angel investors sometimes go together like peanut butter and jelly, the peanut butter and chocolate in Reeses, and are not that good without each other. Thomas Edison needed J.P.Morgan who put up the cash for Edison’s progress. Without J.P. Morgan, Edison may have not been who he was.
Me, stubborn, half Polish…have it in my head I won’t take on an angel investor just for money. I won’t take a 100 or 200Gs just for capital and then have to give back 50% of profits forevermore. Maybe I’m wrong. Am I?
I would take on an angel that would roll up their sleeves and work alongside me. That could be great!
What are people’s feelings on investors? Where do you find them? I have an entrepreneur group around here where the “NJ angels” hang out at meetings.
There are groups of investors, maybe every state has them with a related name. I know of “Texas Angels” “NY Angels” and a website for seeking capital where there are angel investors and venture capitalists at www.go4funding.com It does work too…trust me. I met investors there and we talked biz.
Anyone ever do a 10 minute elevator pitch for investors?
Inventor of Handi-Straps