Friday, March 6, 2009
Insights & Opinions: Angel Investors - Do They Charge Fees?
One of the biggest questions we get from entrepreneurs is if they should be having to pay to present to angel groups. Joe Platnick, a member of the Pasadena Angels, talks about whether fees are ever appropriate to present to an angel investors group. Joe writes:
Imagine going to a VC or bank and receiving a bill for a few thousand dollars for your first meeting. Imagine also that the requests for payment only get worse the further into their funding process you go. By now youíve probably figured out that Iím making this up. However, there are Angel groups that operate in a somewhat similar manner...