Fund: New Vantage Group
Posted by AnonMcLean on 2008-10-06
New Vantage Groupâ€™s primary group is the Active Angel Investors (AAI). We originally pitched to the screening group in March of 2008. When the new guy Dan Mindus joined New Vantage, communication really improved. He took our calls, asked good questions and ultimately arranged the full investor presentation in July. John May ran an excellent investor presentation meeting and had an impressive group of investors in the room. The investors listened, asked tough questions and talked to us after the presentation. I have been to other DC area conferences where you get the impression that the so-called investors are just people getting together to socialize. John May made sure this investor presentation was about the companies presenting and the investment opportunities on the table. Dan Mindus did an excellent job following up afterwards and promptly brought investors to our office. Ultimately, we decided not to move forward with funding and our company for other reasons.
If you are looking to raise money and are based in the DC area and pre-revenue, you need to raise Angel money before going to VC firms. If you send a good executive summary and business plan to AAI, they will give you feedback. If you canâ€™t get an audience with them, there is probably a good reason.PRIVATE: Members Only (339 Characters)