Jeff admits that this not a typical week for him, but I am still impressed by his tenacity and ability to hunt down good dealflow. Thanks for raising the bar, Jeff!
Why can't angel groups and other "super angels" stay this active?
I've mentioned the fact that over 60% of angel groups didn't make an investmet last year. This is probably due to the fact that many of the so-called angel groups out there are just social clubs for the wealthy and lead generators for service providers -- nothing more. I've come across many of these pretender groups in my work at FundingUniverse. While many of them are harmless, there are also a few that take advantage of entrepreneurs by getting their hopes up and charging them ridiculous amounts of money to present their ideas when there is not a real chance of investment. This is one my most serious pet peeves. It kills the reputation of legitimate angel groups and independent investors like Jeff.
Jeff> Thanks for the kind words, but what counts is the performance of an investment at exit. The investing bit is easy.
Posted by: Jeff Clavier | June 22, 2006 2:59 PM | Permalink to Comment