Re:About Angelsoft
by olefoo on Saturday August 30, 2008 @05:36AM
(#290782)
I had a look at this just now. The concept is good but two thoughts came up for me when I clicked through to a list of potential fundig groups.
1. Any 'angel funding group' that asks for money for an application is to be avoided, they are the tech equivalent of a vanity press, or a literary agent that charges a reading fee.
2. In the ideal world, you, the entrepreneur; are doing the investors a favor by letting them share in the reward and the risk of your venture. In the real world you usually need that money to pay for equipment, services and salaries; don't forget to sell your investors on the dream first.
1. Any 'angel funding group' that asks for money for an application is to be avoided, they are the tech equivalent of a vanity press, or a literary agent that charges a reading fee.
2. In the ideal world, you, the entrepreneur; are doing the investors a favor by letting them share in the reward and the risk of your venture. In the real world you usually need that money to pay for equipment, services and salaries; don't forget to sell your investors on the dream first.