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. “While most angel groups don’t post a list of members, they do publicize the companies they’ve funded on their websites,” says Richard Sudek, a member of TechCoastAngels , a group in southern California whose members invested about $6.2 million in 2010. The group invested $8.7 million in 2010.
In addition, he currently consults extensively with startup companies on matters related to strategy, financing, operations, and executive coaching. In addition, he is on the board of directors for the Angel Capital Association, a national angel trade association.
At a recent accelerator event on the West Side, a friendly young founder told me that he had been coached by his mentor not to talk to Angel groups. As a Pasadena Angel, I wanted to be shocked, but I wasn’t. The Angel funding process can be arduous. The problem will get solved.
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