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Inventor Angels

john's Avatarg8_badge

Just wondering if anyone knows anything about a company called Inventor Angels

InventorAngels.com

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keeztan's Avatargold

Sarah, I may be wrong, but it appears that they are charging for services rendered AND retaining 20% of any royalty paid to the inventor.

Jacob Downey
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john's Avatarg8_badge

I just wanted to do an update:

I've been working with Inventor Angels now for the past 4 months and I'm happy to say that I'm very pleased with their work. I can't say enough about them. I now have a licensing deal that I just signed yesterday. No charge for licensing efforts and they even did all the contract work for free. I finally found someone that works harder than myself a I can't thank them enough. If you're looking for product development (after you've tried EN first) I would highly recommend them. Thanksagain to Glen and the team at Inventor Angels. Great job.

John Vilardi



Jacob Downey
Laree M
Elizabeth Crouch
Mark Bartlett
williamj
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magurn's Avatar

Congratulations John!

Jacob Downey
John Vilardi
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keeztan's Avatargold

Congrats John!

John Vilardi
Jacob Downey
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jdowney9000's Avatar

Congratulations John!

BTW; are the people on their about us page the same people who work there? I'm only curious because it looks like b-roll.

My original website from 2011 uses a lot of b-roll, but my kickstarter is mostly real-life (and poorly lit).

Robert Pontius
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inovate's Avataree_badge

Way to go John!! May it be a huge success.

Jacob Downey
Elizabeth Crouch
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gadgetmanken's Avatargold

Congratulations John! As I’ve said before “You Da Man!”  A quick turn around too, only four months. Wow! Can’t wait to find out what it is!

Jacob Downey
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crystaldiane's Avatar

Alright John!  This is great news for you. Congrats. I am happy you found an avenue that was able to help you...wishing you much success in the new year!

Jacob Downey
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wherritt's Avatarg8_badge

Congratulations John

I couldn't be happier for you.  Thanks for sharing

Jacob Downey
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29palms29's Avatar

Inventor Angels charge you $1500 to start any process with them.

Jacob Downey
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rpontius's Avatarg8_badge

@michael - I think Chase is just saying it's a kind of cheesy-looking website that appears to be made with clip art and stock photos (similar to what Jacob says above) - as you say "company shows promise, but their website needs work". It sounds like the company behind it has done really good work for John V. so maybe they are just being true to their stated mission of economizing on non-essentials and saving resources for the important stuff like developing inventions and getting licensing deals?

Jacob Downey
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jdowney9000's Avatar

To call B.S., I think, there is a 1-800 number.

Kim L
Robert Pontius
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jdowney9000's Avatar

P.S. - Likein' 'em all.

Why can't I like my own? I spend half my morning liking my own tweets.

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rpontius's Avatarg8_badge

@michael - I guess we'll have to leave it up to Chase to clarify what he meant, if he cares to. However, if he IS saying he thinks Inventor Angels is sketchy because their website looks sketchy I think he's entitled to his opinion. I thought the same thing before seeing John's endorsement.

Have you checked out MindFull Products: http://www.mindfullproducts.com?

Though I can't give a personal testimonial for MindFull, I do know at least 3 people who have had good experiences there and the website looks "legit".

williamj
Mark Bartlett
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keeztan's Avatargold

@Robert, Thanks for that info, it looks like another avenue to consider.

@John, Congrats on your deal! From asking about the company to a licensing deal in under 4 months, your product must be impressive.

Robert Pontius
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kimmyk's Avatargold

Roger had a pizza cutter too.  Funny that there could be more than 1 design that's viable in the market.

John - I'm so happy for you.  Congrats!!

Robert Pontius
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john's Avatarg8_badge

Thank you my friends but I still got a long way to go . As far as Chase I don't know what the heck he's talking about  oh where he's getting his information from

Robert Pontius
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rpontius's Avatarg8_badge

Felicitations John!

Does Inventor Angels really charge a $1,500 minimum to get started (as is stated above by Robert John Campbell)? That's not necessarily a bad thing if you get what you pay for but I'm curious about what the facts are and I don't see anything about a $1,500 fee on their website.

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john's Avatarg8_badge

No, they don't Robert. It depends on what's needed. Sell sheet, Prototype, Packaging artwork etc.Every invention is going to be different. I've spent about 5 years on this one invention. I must have made a dozen or so, prototypes. I had a solid sell sheet and a really good prototype. I had everything they (Inventor Angels) needed to submit to a prospective client. And as good as my sell sheet was Glen from Inventor Angels made a few suggestions to make it even better. (no charge) Look, I probably talk to Glen every day, working on different projects. He's a great guy. I totally trust him.

Robert Pontius
Mark Bartlett
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swbrummitt's Avatar

To the original poster and anybody else here who can testify to getting a 'licensing agreement' with which you are happy.

I'm not asking any financial particulars at all! 

I would like to know if the percentages you got were anywhere close to what you expected when you started all this? Higher or lower?

Did they negotiate with you at all? Did you even try to? Did you have a lawyer/s with you during the process?

Anything else you feel free to share would be greatly appreciated!

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wherritt's Avatarg8_badge

I just wanted to confirm what John V. said about Inventor Angels.  I am working with them on one of my invention ideas.  I am really pleased with how things are going.    Glen is easy to work with; a professional who definitely knows what he is doing.  Its early in the process but we have a company looking at the idea and we will see where it goes.

Edison Nation is a great partner and I have a number of ideas in their capable hands, and Inventor Angels is another excellent company available to inventors.

John Vilardi
John Vilardi
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john's Avatarg8_badge

Sorry should have wote this on the thread...

Just thought I’d give an update. The company we licensed my product to  recently launched it at one of the big pet shows - the responses were awesome. It’s now in full production and the company is anticipating sales numbers for 2019 that made my head spin. I can’t say enough how awesome Glen and his team at Inventor Angels have been every step of the way. Any issues that came up were quickly handled and the results speak for themselves. I recently partnered with a friend of mine on a new idea. Two weeks ago I showed it to Glen. In less than a week he helped prepare the provisional filing, refined the sell sheet and video, and literally 7 days after first showing it to him, he had a company expressing real interest. One week! The company is now evaluating manufacturing costs and is already discussing potential licensing terms. My partner was blown away. Experienced, efficient and transparent (plus a super nice guy). What more can I say.

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bmatar's Avatargold

It looks like you are popular John congratulation!! in your progress wish you lots of luck and success.  I bought that book of Robert Brown per your recommendation (it was only available in PDF format) I haven't had the chance to read it yet, and googled that inventor Angels their site seems to be somewhat private no information about much of anything except that there is a place to submit your idea no numbers to call no information about contracts or royalties. Yes you can send an email with questions and that is about it. I did ask a question no answer so far and passed 12 hours.

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john's Avatarg8_badge

https://www.facebook.com/goodgoodanimals/videos...

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