There is an angel investment/ venture capital firm in Seattle that takes great pride in having candidates apply for funding in their underwear, and that seems to have a real preference for profanity. If it weren't actually granting loans to businesses we would ditch it entirely. But it is. So here it is.
Lighter Capital grants loans to companies that no one else will touch, like a bouncy house rental service or electronic records for psychiatrists. They invest $100,000 to $500,000 and are looking for companies with a healthy bottom line that need money to grow.
About half their investments so far have been in the technical fields, with a good representation in retail and manufacturing.
They also rely heavily on Twitter and other social media to evaluate the strength of a business. How? I dunno. Or more importantly, Why? I dunno that either.
The founder of Lighter Capital, Andy Sack, is on a mission to disrupt traditional investment markets, and in that we applaud him. Traditional investment markets have needed a shakeup for quite some time, with a much stronger emphasis on helping those companies that really can make a difference in our economy and in our lives.
So write up your business plan (not too traditionally, please), get your ducks in a row, and head on over to Lighter Capital to see what you can see.
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