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A big shout-out about a great new angel investment forum that TeamSnap just finished presenting to, the Open Angel Forum.
Your subscription revenues pretty much cover the salaries of the small but dedicated team that runs TeamSnap. We are actively raising money, however, to accelerate the development of new features that many of you have been asking for.
That means we talk to individual investors, investor groups and venture capitalists all the time.
The couple of hours we just spent with the OAF Forum tonight in Boulder, Colorado was the most valuable investment-oriented experience we have yet to be involved in.
What made it good? In a word, serious investors and world-class emerging growth companies, (including TeamSnap of course). Rigorous screening for the invitation-only event ensured that only the crème de la crème from both groups were there. Investors had to have made three significant investments in the last year. The five companies present, on the other hand, were hand-picked from over 100 who applied. Bottom line: people actively looking to invest, companies that are the real deal, and fantastic cross-pollination of ideas.
Hats off to Jason Calacanis for coming up with the concept and personally overseeing its expansion across the country, and to Brad Feld and David Cohen for taking the lead to establish it here in Colorado.
If you know anyone with a great little company that is trying to expand, or someone looking to invest some of that windfall they made in their last gig, check out the Open Angel Forum.
CEO and MCH