Where do I find serious non-tech local investors?
The problem with this scenario is that you are describing an oxymoron, and wondering why you can’t find a hot ice cube, or a tall hole, or a submarine that can land at ATL. You write:
“Where can I find intelligent and serious investors who aren’t looking for a cash cow, but are willing to use their funds to contribute to an emerging market and make a lot of people happy?”
The problem is that, by definition, “investors” ARE looking for cash cows. That’s what an investor does! People willing to “use their funds to contribute…and make a lot of people happy” are called “philanthropists”.
Imagine if you were to tell your spouse “honey, you know all that money we’ve been saving for the kid’s college tuition and our retirement fund? I’ve decided that instead of keeping it safe and trying to grow it, I’m going to contribute it to an emerging market and make a lot of people happy?”
Angel investors are subject to exactly that same conversation with *their* spouses! While it would be great if there were nice people who just want to use their money to do good things (and there are!) they are not “investors”.
Have you thought about getting your whole industry together and creating a KickStarter campaign?
*original post can be found on Quora @ http://www.quora.com/David-S-Rose/answers *
Written by David S. Rose
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First, it’s important to understand that the four platforms you list fall into two very distinct groups.
Kickstarter and IndieGoGo are project-based crowdfunding platforms through which anyone can contribute money, either as a donation or with the promise that they will receive a tangible ‘reward’ of some kind if the project is successful.
Gust and AngelList are equity-based platforms, used by Accredited Investors to facilitate the investment of money for an ownership interest in