Wednesday, May 26, 2010

Open Angel Forum Eyes Boston

The Open Angel Forum, the new angel investment group started by Mahalo's Jason Calacanis, has set its eyes on Boston for a new chapter of the group. According to the OAF, it has set up an event in Boston for June 18th, where it will look to bring together 5 startups with angels and service providers. Calacanis, started the group in Los Angeles, and so far has also extended the concept into Silicon Valley, San Francisco, Boulder, and New York, in response to the large number of pay-to-pitch groups. Calacanis started the Open Angel Forum late last year, saying he was tired of seeing groups charging entrepreneurs thousands of dollars to pitch their deals to questionable investors.