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A comment on What's a Y Combinator alternative to people who cannot afford to move to the YC area?.

Re:What's a Y Combinator alternative to people who cannot af... by dpapathanasiou on Wednesday April 04, 2007 @08:32AM (#8761)
New York Angels (http://newyorkangels.com/) has a similar application (unlike YC, there's no deadline, and they'll accept an applicant at any time, but they charge a fee).

I haven't gone through the process myself, but I saw their pitch at a NYC tech panel a few months ago.

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Re:What's a Y Combinator alternative to people who cannot af... by rms on Wednesday April 04, 2007 @08:53PM (#8992)
Their application is submitting a business plan and it costs $150. It just seems that they're unlikely to fund the people they charge $150. Instead, they'll fund organic referrals.
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Re:What's a Y Combinator alternative to people who cannot af... by dpapathanasiou on Friday April 06, 2007 @08:31AM (#9564)
Well, if you attend enough tech events in NYC, you'll probably meet most of the angels individually, and can forego the fee (that's one of the reasons I haven't applied myself).

Investors are looking for deals, and it isn't too difficult to network into an initial meeting.

The one nice thing about the application (like YC) is that it forces you to define your project succinctly.

Also like YC, getting funded is no guarantee of success.

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