Business plan for angel investors
Needed:
Internet ideas, preferably brilliant ideas, focused on consumers;
Funding needed (from $10,000 to $250,000);
West coast presence preferred (office will be provided free at an incubator in Seattle).
How closely does that definition fit your business? If it’s close enough, you have an investor in Curious Office Partners, an angel investment company/incubator owned by Kelly Smith and Adrian Hanauer.
With two successes already on its roster, Curious Office Partners is on the hunt for the next innovative internet business.
"We don't care how young they are, we don't care what their resumes are, we don't care where they worked, we don't care where they went to college. ... We just want to help smart developers with good ideas get started with their projects," said Smith.
In order to help out with these "micro investments," former MSNBC.com editor in chief Merrill Brown has agreed to serve as an adviser. Smith said other advisers will be named in the future.
With about 3,000 square feet of office space in Pioneer Square in Seattle, Curious Office plans to help these emerging developers overcome some of the hurdles typically associated with a startup business. Those could include recruiting management, finding capital, attracting partners, securing office space and other business issues that might not be recognizable to first time entrepreneurs.
"We think that we will be an important catalyst for these early-stage companies to graduate into the venture capital realm," said Smith, who came up with the idea after realizing that popular Internet offerings such as Flickr and del.icio.us bookmarks were created by individuals or small teams.
This new fund is really great news for all small, young entrepreneurial internet companies. And, since the internet is one of the most color-blind and un-sexist venues for success, it should be on the top of the list for minorities and women looking for funding for internet companies.

2 comments:
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Jamie
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