Applying directly VS Posting to the Investor Community
Investor Search Engine
What is it?
The search engine can be used to find the correct investment groups for your funding needs and apply to them directly. You may have 3 active applications at once before being placed in the bulk submission folder. The engine is a free tool for entrepreneurs to use. Some groups charge a submission fee separate from Angelsoft.
When to use it
It’s always a good idea to apply to local investment groups. Before applying to a group directly, read their profile to make sure that you fit their investment criteria.
Promote tool
What is it?
The tool can be used to gain broad exposure over our network of 16,000 investors and 450 investment groups. This tool promotes your company in 3 ways:
1. Your company is posted to the Open Deals Investor Community, where investors can find you. They browse through posted deals, based on a variety of criteria such as industry, rating, and number of views.
2. Every two weeks, your company is e-mailed to investors in your area, and, if you are one of the 5 highest-rated companies in Open Deals, your company is included in an e-mail to all 16,000 investors.
3. Every time an investor looks at a company in Open Deals, it shows up on the dashboard of every logged-in investor in a live-activity feed. Investors spend over 2,000 hours per month looking at this feed.
The cost to promote your deal is $250 per month.
When to use it
If you’re seeking broad exposure for your deal or you’ve already applied to your local investment groups.
Jason D. Schwartz :: Aug.28.2008
Entrepreneur, FAQ
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Chad C.
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Investors rate deals in the Investor Community to moderate the best opportunities to the top, similar to the site Digg.com. In your case the investor did not choose to share that rating with you. At the end of the month we are releasing a few new features to further publicize these ratings to the entrepreneur to provide more feedback.
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