article thumbnail

How Investors Make Better Decisions: The Investment Readiness Level

Steve Blank

. — As Selections Committee chair for our Sacramento Angels investor group, I review applications from dozens of startup entrepreneurs looking for investment. Entrepreneurs should always communicate their business’ very latest stage of customer development as part of their investor presentation.

article thumbnail

How Private Equity and Venture Capital Investors Are Eating Their Own Dogfood

David Teten

A major angel group used Influitive , an advocate management tool, to track, activate and motivate their members. Chris Dixon, Partner, A16Z, observes , “ Success in VC is probably 10% about picking, and 90% about sourcing the right deals and having entrepreneurs choose your firm as a partner”. 3) Originate investments.

article thumbnail

One Hand Clapping – Entrepreneurship In Ann Arbor, Michigan

Steve Blank

Business School, met with the entrepreneurship center in the Business School , Entrepreneurs ; presented to MPowered the University of Michigan student Entrepreneurship Organization, the Ann Arbor New Tech Meetup and A2Geeks , the regional startup network (talk here.). You see it in the existing angel groups and VC’s.

Michigan 313