Capital Chaos

We recently came across a very unique means of pitching your company called FundingUniverse. The clever speed pitching event is designed to let select pre-qualified companies have 7 minutes to sell their business idea one-on-one to a pre-qualified angel investor. After 7 minutes is up, you are on to the next angel investor. All in all you have a total of 2 hours (you meet with 15-25 accredited investors) to keep refining your pitch along the way and potentially land some angel money. It really is a brilliant strategy.

Lets face it, if you cant pitch your business to someone and get them excited in 7 minutes, you need to go back and re-think what you are doing. This takes the K.I.S.S. model to a whole new level and really puts it to test for the entrepreneur.

For the Investor, the benefits are:
• See several investment worthy deals in just a few hours
• Opportunity to support and mentor entrepreneurs
• Networking with other investors and angel groups
• New deal flow….many of which have not been seen before
• Take away materials including copies of one-page company profiles

For the Entrepreneurs, the benefits are:
• 2 hours of personalized coaching/feedback on how to pitch to angel investors
• Access to dozens of active investors
• Efficient use of time and limited resources for bootstrapping entrepreneurs
• Networking opportunities with investors, service providers and other entrepreneurs
• Valuable feedback from investors emailed to you after the event

If you are interested in registering as an investor, all you have to do is register here.

For Entrepreneurs:
1. Register (or if you are a member, simply login) on FundingUniverse as an entrepreneur. Fill out the profile and post your executive summary .
2. After you have posted your plan, register for the event by clicking the button at the top right of this page. Your application should include the following: an executive summary (a two-five page description defining and positioning your business idea).

Right now FundingUniverse does these Speed Dating/Pitching events in Utah, Florida, Arizona, Northern California, Sothern California, Texas, and Idaho.  The next event is being held in Utah on April 2.