Open Angel Forum applications are due today - Technical.ly Philly

Feb. 18, 2011 10:00 am

Open Angel Forum applications are due today

Spend a few months paying attention to politics in Philadelphia, and you’ll likely hear the term “pay to play.” Turns out, the same can be true for local venture capital. Created by Mahalo and Weblogs Inc. co-founder Jason Calicanis, the Open Angel Forum is an answer to pay-to-pitch events that often charge startups and small […]

Spend a few months paying attention to politics in Philadelphia, and you’ll likely hear the term “pay to play.” Turns out, the same can be true for local venture capital.

Created by Mahalo and Weblogs Inc. co-founder Jason Calicanis, the Open Angel Forum is an answer to pay-to-pitch events that often charge startups and small businesses hefty fees for the privilege for pitching a group of venture capitalists and angel investors. And, after stints in the 67th Ward, Boston and other cities, the Open Angel Forum is coming to Philadelphia.

Gabe Weinberg

Duck Duck Go founder Gabe Weinberg, the organizer of the Philadelphia Open Angel Forum says that five to seven companies will get the chance to present to an impressive group of angel investors that include:

Startups will have ten minutes to present, five minutes to demo and five minutes of question and answer with angels. According to Weinberg, the typical Open Angel Forum  investment typically ranges from $250,000 to $1 million.

If you think your company can swing it, you better hurry. Applications for startups to pitch at the Open Angel Forum close today.

Advertisement

-30-
CONTRIBUTE TO THE
JOURNALISM FUND

Already a contributor? Sign in here
Connect with companies from the Technical.ly community
New call-to-action

Advertisement

Sign-up for daily news updates from Technical.ly Philadelphia

Do NOT follow this link or you will be banned from the site!