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Tca May Not Be a Good Fit

Fund: Tech Coast Angels

Posted by fcreede on 2007-08-07

PUBLIC:

Many startup companies treat TCA as a funding source of last resort. If you are not ready for VC $ and have the time to invest in due diligence --which not easy, TCA is a good choice. If not, like any source of capital you have to choose where you pitch. I know of several TCA funded companies, even pre-revenue, heck they are on their website. I also have seen people who pitch ideas, have none of their own investment in the business and want someone else to fund the A-Z of the business. Don't think they will get $ anywhere.

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