Comments on: Fool’s Gold: The Truth Behind Angel Investing in America – Scott Shane

By: John

John — Thu, 20 Nov 2008 16:13:02 +0000

Lennot,

Contacts and advice are another myth according to Shane, most (American) business angels bringing neither.

By: Lennot

Lennot — Thu, 20 Nov 2008 15:42:13 +0000

Contacts and advice might be main reasons for many to seek angel investment. It’s nice to have experience and contacts on board.

Real angel investments are also small here in Finland and so are profits (taking into account funding risk and liquidity). Even an investment of 10 000 euros won’t do much if you’re running a serious growth oriented business. If you just need the money it’s usually easier to go to bank or use public venture capital.

By: John

John — Thu, 20 Nov 2008 09:40:17 +0000

I think the best reason to go on Dragons’ Den is the publicity. I wouldn’t want to work with some of the Dragons’ after having seen them on the show.

By: Caroline

Caroline — Thu, 20 Nov 2008 09:32:56 +0000

Well that’s taken the glamour out of investing. With Dragons den it’s more about the dragons contacts than their money. As they say it’s not what you know it’s who you know.