Friday, July 16, 2010
Enlightened Angels
Today, I had an excellent meeting with an Angel Investor. In six years with SkyRank, I can count on one hand the real meetings we've had with potential investors outide of my family. I have to admit that a major shortcoming of my graduate degree at Brandeis IBS was a lack of education for the fundraising process which I would assume top 10 business schools offer to their students. As good as Brandeis IBS is, it could use some improvement in this area. So, I've had some learning to do, and I'm thankful to the colleagues I've met recently who are helping with that process. The few meetings I have had with VCs have been wrenching emotionally, and I typically come out of the meetings feeling colonoscopized. But this was different. It was actually enlightening to be able to talk openly about SkyRank, the past business models, and future ideas with this person. He offered his honest opinions about what he liked and what he was skeptical about. It wasn't an all out onslaught of my knowledge and business -- it actually felt good.
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