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Investors are very focused on diligence, on business models that make sense, and those companies that have a definite competitive advantage and defensibility to what they're doing. Mike Napoli: We've revised the way we review companies at the prescreening stage. The ideas and people seeking money are out there in quantity.
There is no cost but you must physically be based in or move to Los Angeles for the 6 months of the program. Applications are due April 6th, 2010, the form is on the website and the Twitter address is @launchpadlad. John Morris from the TechCoastAngels was encouraging me to do something similar. We connected.
He is Director of the Leatherby Center for Entrepreneurism and Business Ethics, and Chairman Emeritus of the TechCoastAngels, the largest angel group in the United States. Find someone with technology, operations, manufacturing, or finance experience. One time I was brought in to coach two partners.
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