Tca is a Social Club, Not Serious Investors
Fund: Tech Coast Angels
Posted by Anonymous on 2008-03-15
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.
PRIVATE: Members Only