(no subject)

[ivyfic]

My entrepreneurship teacher sent us some youtube videos on angel investors, and listening to the first one describe what angel investors are looking for, and how to get an investor--it is shockingly like every single how to be published panel I've ever been to.

Seems to me angel investors are basically your literary agents. Dealing with hundreds of inexperienced noobs, listening to presentations that don't describe the business, reading business plans that don't explain the business, and dealing with people who have an idea but no company but are still convinced it will be the next google.

The money is different, the product is different, but it sounds like the exact same dynamics are in play with wannabe entrepreneurs and wannabe published authors. And I thought I was leaving all this behind...

Comments

[yourlibrarian]

That makes sense, really. Every publisher (or music company) are basically looking at finding people who can create salable products. I'd think angel investors would be going one step further in not making the person their product so much as their idea, but an investment is an investment.