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The Briefing: 7 Ways to Meet Your Angel
April 24, 2007

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TOP OF THE BRIEFING
AN ANGEL IN YOUR POCKET

We received a question the other day which at first glance seemed so dorky that I tossed it in the garbage. But it has been haunting me.

Question: How do I meet an angel investor?

OK. If i were looking for an angel investor, where would I look?

1. The angel groups, listed on these pages.

That, actually, would be my first stop. Nearly 200 top angel groups are listed here, with contact information..

2. My banker.

Banker? Yep. Bankers are money people. Money people know other money people. Ask for an introduction. The worst she can say is No.

3. My barber.

There is a barber in Menlo Park, California, who is legendary. Finance folk book months in advance for an hour in his chair. And he knows EVERYBODY. This is the $400 haircut personified. (Sorry, ladies. Since 95% of all finance people are men, there are no beauticians that I recommend.)

4. Conventions and meeting places.

Watch for industry or area-wide conferences and conventions. Some you can talk at; some you can listen at. Look for the ones that promote new business, originality and new technology. If it is a good conference, money people will be there scoping it out.

5. Venture capital fairs.

The terms "venture capital" and "angel investor" are often interchangeable. One infers larger investments, the other smaller investments. But they all invest. Don't ignore one or the other just because of the title.

6. The car wash.

A car wash in Hoboken probably won't bring in many angel investors. But one in fancy Menlo Park or the finer areas of Boston are really good candidates. Strike up a few conversations. Wait around while your car gets detailed. Lots of people know lots of other people.

7. Get an introduction from someone who has been there.

Watch the papers. Who is getting money for expansion? Where did the money come from? Invite that person to lunch and ask about an introduction for you and your business. The closer your business is to the one that was already financed, the better.

Do you have a favorite technique to meet deep pocket people? If so, we'd love to hear it!

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That's it for now. Remember, if there is anything you want to see in this ezine, let me know (I've got a bit of influence with the editor!)

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