[thinkcomp]

I've noticed this problem too. I think a lot of investors in the Valley are simply ignorant. Granted, they're busy, but many of them overplay their busyness and take a fairly myopic approach of if-I-can't-get-it-in-thirty-seconds-it-must-not-work. That's not true. Some problems worth solving are actually complex and require time to understand, somewhere between 30 seconds and an hour.

My solution has been to do as much as possible without their money.

[mckoss]

Active angels will typically have seen many deals, in the hundreds for people who have been doing Angel investing for more than a couple of years. I think it much more likely that an entrepreneur who is not able to get his business opportunity across in the first meeting, is probably not being very clear, or has not really figured out their business model.