Ask HN: Has anyone ever gotten funding from this website?

Post by andrewljohnson » Thu, Jan 29, 2009, 8:54 PM UTC

Post by bouncingsoul » Thu, Jan 29, 2009, 9:01 PM UTC

andrewljohnson wrote: post #2

This site charges $250 to put you in front of a bunch of angels. They claim 5% get funded. Has anyone ever gotten funding through this outfit? I'm considering applying for my company - www.trailbehind.com, after we launch our new version next week.

Post by [deleted] » Thu, Jan 29, 2009, 9:16 PM UTC

bouncingsoul wrote: post #3

andrewljohnson wrote: post #2

This site charges $250 to put you in front of a bunch of angels. They claim 5% get funded. Has anyone ever gotten funding through this outfit? I'm considering applying for my company - www.trailbehind.com, after we launch our new version next week.

A thread about AngelSoft funding: http://news.ycombinator.com/item?id=168575

Post by pg » Thu, Jan 29, 2009, 9:31 PM UTC

andrewljohnson wrote: post #2

This site charges $250 to put you in front of a bunch of angels. They claim 5% get funded. Has anyone ever gotten funding through this outfit? I'm considering applying for my company - www.trailbehind.com, after we launch our new version next week.

Post by andrewljohnson » Thu, Jan 29, 2009, 9:36 PM UTC

pg wrote: post #7

andrewljohnson wrote: post #2

This site charges $250 to put you in front of a bunch of angels. They claim 5% get funded. Has anyone ever gotten funding through this outfit? I'm considering applying for my company - www.trailbehind.com, after we launch our new version next week.

There are several angel groups that charge money to present to them. I would not recommend doing this. Angel groups generally are worthless (out of 102 YC-funded startups prior to this cycle, zero got money from angel groups), and the ones that charge you to present seem particularly dubious. If they had good deal flow, they wouldn't have to charge you to pay their operating expenses; angels would pay them for access…