The Art of the Start
I am sure pretty much every internet entrepreneur knows this classic presentation buy Guy Kawasaki, but it’s so good that you should watch it at least once every 6 months!
The Art of the Start (book)
Reality Check
Angel Networks that Charge Startups :-(
In his latest blog posting, Jason Calacanis has declared war on angel groups that charge startups for the honor of getting a chance to pitch to them.
Here in Australia I have found a lot of online angel networks where you have to pay to get listed or get access to angels.
So you have to pay even before you can pitch…
Here some local examples that I don’t like:
http://www.businessangels.com.au/fees.php
Basic Listing AU$795
Full Service Listing AU$1275
Premium Service AU$2929
Success Fee 3% of funds invested
“Private Capital for Private Companies” Guide AU$50 With Registration
AU$75 Without Registration
http://www.australianinvestmentnetwork.com/entrepreneur
1. Investor Referral Service fee of $199. Your proposal remains active for 90 days and paying the Referral Fee gives you access to the contact details of ALL the investors interested in your proposal during this period.
2. Upfront fee of $249 and take advantage of our Premium Services
http://www.angelsinstitute.com/87408_87415.html
A charge of $150 is incurred to register your details for consideration by this Angels Institute group
http://www.findangelinvestors.com.au/investors
PayPal?
The baseline is: If you are the one with the money, you can make the rules and get more money from those desperate for it.
Follow me on Twitter: @ungerik
My favourite Business Angel Feedback from PitchClub Melbourne
Short and to the point, hear what Melbourne Angels member David Bennett has to say:
Three things I want to hear:
- I want to know what problem is solved
- I want to know how you make money out of it
- I want to know how you exit, so I get to make money out of it
More about Pitch Club Melbourne
Come to Pitch Club next Thursday to hear about Business Angels and Australian innovative products and services pitched by passionate business owners.
Initial line up includes:
* http://www.lightenupnow.com.au, a health portal,
* http://www.halfateaspoon.com, a water conservation business,
* http://www.eco-switch.com.au an energy saving device,
* http://www.lazypatch.com, innovative duvet suits,
* http://www.strictlytickets.com.au, a mobile ticketing system
* http://www.whatsonsale.com.au, an online retail hub,
* http://www.stonefitness.com.au, a fitness portal.
Also hear about the enterprise social networking platform io4.biz, a new skills learning business and a new herbal remedy and drinks business.
Pass it on to anyone in your network who might be interested to hear about businesses playing in these spaces.
Book your tickets at http://www.pitchclub.com. Group and students tickets available.
Pitch Club will be at Life.lab, Docklands, Melbourne, next Thursday 25th June from 5PM, 6PM event sart, food and drinks included.
Pitchclub Melbourne Event
The Melbourne event is on 25th June 2009
Event Location: Life.Lab digital harbour (Harbour Esplanade Rd), Melbourne See Map.
- Registration: from 5pm (5:30pm start).
- Guest Speaker: TBC.
- Round One- Fast Pitch: 90 second pitches (10 pitchers).
- Round Two- Finalist Pitches: 5 minute pitches.
