Open Angel Forum Expands To Colorado

The Open Angel Forum, the new angel investment group run by Mahalo's Jason Calacanis, is expanding into Colorado with a new event, the group said Friday. The Colorado chapter is being headed up by David Cohen of TechStars, a Boulder-based incubator and Internet seed investment effort by local Colorado angels and venture investors. The Open Angel Forum group grew out of an effort by Calacanis to challenge a number of angel groups where entrepreneurs have to "pay to pitch" in front of investors; Calacanis had started what he called a "jihad" against groups charging for presenting their opportunities. The expansion plans for the Open Angel Forum follows Calacanis' inaugural Los Angeles investment forum last week.