Friday, May 27, 2005
The Keiretsu Forum (angel organization) is kicking off their organization in the Pacific Northwest. They had some events on Thursday that we attended to learn more. Their story seemed strong in terms of their track record. For example, they claim 100% of the companies that pass their screening receive some funding from a Keiretsu Forum member. The other unique angle was their membership requirement of having no more than 10% service provider or venture capital as part of their membership. From my observation, that's been a key weakness of other angel alliances I've participated in. There weren't many true angel investors. The service providers were looking for clients and the VCs were looking to find an early view into a company. I'd be curious if you have had any experience with them or have heard much about their reputation. Feel free to post a comment.