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Tca is a Social Club, Not Serious Investors

Fund: Tech Coast Angels

Posted by Anonymous on 2008-03-15

PUBLIC:

TCA is a social club of part time investors. Only a small handful are active, and your "lead" needs to lobby members to invest because only if you get a critical mass of interest do you get funding. So it is critical you get a strong lead person, and understand this is more about a popularity contest among members vs an investment in big ideas like you'd get with a VC lead who is the decision maker on funding your deal. Given the number deals they did last year, you might want to buy a lotto ticket instead of wasting your time and energy.

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