From: Brian Atkins (brian@posthuman.com)
Date: Thu Aug 12 1999 - 00:54:13 MDT
"Robert J. Bradbury" wrote:
>
> > joery <joery@ados.com> wrote:
>
> > please send me the email address of the extropian investment club
> > thank you.
> > Joe Rothery joery@ados.com
>
> I would like to know if there is a group actively involved in this
> as well. It would appear, now that we have some real information
> from companies like Geron and my comments at Extro4 about the
> problem of short-term vs. long-term (but personally relevant) ROI
> that we should put our money where our mouths are so to speak.
>
> We need a collective group of researchers who can survey the
> news sources (Pointcast, yahoo, SEC, etc.) organize an EI
> Investment web page (so we can do one-stop shopping) and
> perhaps arrange times for online investment discussions.
>
> Perhaps this is already in place and I'm speaking in the
> wrong room?
>
I've been involved somewhat recently with an angel group in
Atlanta (angelatlanta.com), so maybe I can comment a bit. I
was not at Extro4, so perhaps you got some tips on companies
in need of funding. That is the big problem with forming an
angel group- finding the companies. By the time you see a
real press release from a company, they are probably past
the angel stage and into the big VC money (past where we
might want to invest). So either you have to get people into
the angel group who will be able to consistently find these
startups at their early stage, or you will have to advertise
your group sufficiently well so that the startups know about
you.
The angel site I mention above does provide online biz plans
and info for the angels to read, but I think RL meetings
with potential investments are required. You have to be able
to meet the management team and really question them before
you will have enough confidence to invest. Video conferencing
_might_ be able to fill this gap.
-- Join the ExI/>H SETI team today: http://setiathome.ssl.berkeley.edu/cgi-bin/cgi?cmd=team_show&id=393------------------------------------------------------------------- "It IS possible." - Vincent, _Gattaca_
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