Most Angel groups do not hold meetings during July and August, suspending activities until September. While you furiously work through the summer in your air-conditioned office, Angels put the fast paced world of startups on hold. If you need to raise funds NOW, you are a bit out of luck. However, the summer is a great time to get the fundraising process going.

Group Managers, often the only paid employee of an Angel Group, continue to work through the summer to find deals for September. Because the group isn’t meeting, they have more time to read submissions as well as browse through the Investor Community. While you may not get a face-to-face until September, the summer is a good opportunity to reach Group Managers when they are the most relaxed and the least busy.

During these months, you may notice that the number of views in your application manager is a little lower than usual. These views will likely be from Group Managers looking for September prospects.

Jason D. Schwartz :: Jun.27.2008
Entrepreneur