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The Open Angel Forum & The Changing Face Of The Venture Industry

February 8, 2010 /

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Last week I had the opportunity to attend the first Colorado Open Angel Forum (OAF) http://openangelforum.com/.

The OAF was born out of the frustration of some well-known investors including Brad Feld (An Angel Investor Group That Makes Me Vomit)http://www.feld.com/wp/archives/2009/08/an-angel-investor-group-move-that-make-me-vomit.html , David Cohen (An Offer To Funding Universe) http://www.davidgcohen.com/2009/09/22/an-offer-to-funding-universe/ and then inculcated and formed by Jason Calcanis (Why Startups Shouldn’t Have To Pay To Pitch Angel Investors) http://calacanis.com/2009/10/09/why-startups-shouldnt-have-to-pay-to-pitch-angel-investors/ and others. Their frustration was with organized angel groups charging entrepreneurs to “pitch” their ideas, sometimes as much as $10,000 for the privilege.

by: Mark Solon

Full Story: http://www.highway12ventures.com/2010/02/08/the-open-angel-forum-the-changing-face-of-the-venture-industry/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+Highway12Ventures+%28Highway+12+Ventures%29

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