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by Jschwa
6494 days ago
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Olefoo, I see that you are located on the West Coast. Not charging to apply is the prevailing sentiment there. The East Coast does not share that same view. Many serious Angle groups charge a fee as a bozo filter. $250 isn't going to break the bank for a serious entrepreneur, but it will make a less-serious one think twice. You are right, in the ideal world the entreprenuer is doing the investor a favor. The fact of the matter is, that most of the deal flow that comes through is not quality. Check out the stats here: http://angelsoft.net/industry Only 24% of deals are even making it to the screening process. If groups did not charge a a fee, that % would plummet. Scott, Angelsoft is not a matching service, it is a software solution that investment groups use to manage their deal flow. The Group Finder is just a list of groups that use the Angelsoft platform, and therefore accept the common Angelsoft application. |
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