Paid By An Angel May 18, 2006Posted by Timothy Li in angel, college, Entrepreneurship, Funding, university, Venture Capital, waterloo.
I attended an information session "Paid By An Angel" today, well I did a little more than that but it's quite embarrassing so I won't….. OK.. I pitched again, a little better than last time =).
The session was hosted by Gregory Brill from infusion development. I first met Greg at CUTC in January 2006 and I still vividly remember how he passionately encouraged students to make things happen – "guys, shut up and do something!" Now four months later he comes back as an angel, i'm totally convinced now that he means business – he wants to encourage innovation.
The session was very rewarding. Greg taught the other students (I learnt second hand) that Angels care about these things in this specific order:
- exit option
- capital allocation
- revenue model
And alarmingly enough I did not hit most of these during my pitch again. This got me thinking hard, and the buzz begins…