Is anybody else getting annoyed by the constant 'casual' mentioning that the author is a student at MIT? Three times in this post alone.. Get over it man. (And before anyone accuses me of being envious, I turned down MIT for graduate school to attend my current school..)
My apologies. Hadn't realized that the number of casual references to...um...my school had reached annoying levels yet.
In my defense, I'm in my last term and spending too many hours a day thinking about school stuff (hence the references).
Will make a conscious effort to tone down the casual references (unless for some reason, the reference is relevant).
Oh, and you definitely don't want to read the first blog on my new startup site (http://blog.hubspot.com). It's got about a 100 non-casual references to <myschool> and sounds like I won the oscars or something. :)
No worries. And my apologies for coming off so snarky. MIT is an incredible school and you have every right to be proud to go there, it's just the references were all a bit gratuituous. 'I've been studying this for my thesis' seems a lot better--to me--than 'I've been studying this at MIT' since then you're standing more on your own and not leaning so heavily on the reputation of MIT.
Also, I really enjoy your blog. I've only been reading it for a short time, but everything is very well written with a lot of useful original content. Keep up the good work and good luck with your studies.
Good post, it really helped me understand how Angel investment works in general.
I have another question. Suppose i am in US and have a software product idea and a prototype ready and i want to launch my product in European Market i.e. i don't want to launch my product in US even being in US. Would Angels invest then?
I guess similar case will suggest whether Angels are ready to invest in if i am in South Asia and i want to launch my product in US being in South Asia.
So all in all; would you, being in US, invest in any promising US-based startup that want to launch only in European market ? If it depends , would you please outline the factors?
Thanks in advance for your time and insights. Looking forward.
I don't think angels care as much as to where your customers are (more about where you are).
The only caveat would be that if you are expecting the investors to help you with early customer needs, if they dont' have contacts in your target market, that could be a minor issue -- but likely not enough to not consider you for an investment.
I am the managing director of Patriot Venture Capital Group, LLC, a venture capital/private equity firm focusing on angel and early stage investing through various Philadelphia area angel networks. We would like to align with Boston/Cambridge based angel networks within MIT, Harvard and BU and would appreciate any suggestions.