It's not that I'm obsessed with money-raising, but it's been such a big part of my life recently. Today I went to a Speed-Pitching Luncheon, and presented our business to 10 different angel investor groups in rapid succession. There's something a little bit demeaning about summing up your business in five minutes, a little like an obituary, except no one asks nasty questions after you are dead.
The concept was modeled after Speed-Dating gatherings, which have become quite the rage of late. But they did not exist when I was in season. We had Bridgemans, which served great chocolate malts, and a roller skating rink and big parks and hockey games and a five-mile stretch of beach called Park Point. If you couldn't meet a girl in one of these places, you were probably better off single. I doubt that I would have been a good speed dater. I think I'm more of an acquired taste.
Today's Observation: There is nothing more dangerous than a venture capitalist that made money as an entrepreneur selling a business. Now he thinks he's an expert at everything. He was probably awfully lucky, but is convinced it's because he was smarter than everyone else. Do not let these people on your board!
Today's Commitment: If I ever make enough money to be an angel investor I will not be a jerk and will treat people with respect.
Today's Conclusion: Still broke.
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