Angelsoft Helps Synthesize an Entrepreneur’s Big Dreams

I've been writing a series of posts on the inaugural VT KnowledgeWorks Entrepreneurial Summit and the chance it offers for businesses to pitch before a panel of angel investors through CVG’s LiveFire!™.

I was so honored to receive this comment from David S. Rose, Founder & CEO of Angelsoft, on Seeking Angel Investment is a Big Step:

Anne, glad you're finding Angelsoft to be useful! We developed the application form based on exhaustive feedback from over 450 angel investment groups and venture capital funds over the past five years, and it really distills the essence of what investors look for in your plan. I'm happy to answer any questions you might have about the application either privately (about your own company) or here on your blog, where it might be of interest to other VTKW members!

-David S. Rose, Founder & CEO of Angelsoft, Member of Virginia Active Angel Network (Blacksburg Edition), Proud Parent of a Hokie, and 20 year friend of Daryl Scott, [Founder & CEO of Attaain, Inc. a VT KnowledgeWorks member company]

Dear Mr. Rose,

Thank you so much for your comment.  I would welcome answers to questions!  And to a blogger, yes, please, in public, right here!

This context may be of use:  I write the blog, Inside VT KnowledgeWorks.  The subtitle is “A Personal View by Anne Giles Clelland.”  I’m contracted to write the blog, but in accord with best blog practices, it’s got a personal voice.  Mine.  So what calls to me, I write about.  What doesn’t, I don’t.  That said, I give my client the greatest customer experience I can muster.  I do everything I can to make a blog do what a blog can do – and combine that with other Web 2.0 tools – to get the member companies what they want and to get VT KnowledgeWorks what it wants.

I also have a VT KnowledgeWorks member company, Handshake Media, Incorporated.  Inside VT KnowledgeWorks and Handshake 2.0 are two of its enterprises. 

I, like other VT KnowledgeWorks member companies, have big dreams. 

If my big dreams are envisioned as the size of a post-it note, the inaugural VT KnowledgeWorks Entrepreneurial Summit and the chance it offers to pitch to angel investors through CVG’s LiveFire!™ multipled my big dreams to blueprint size.

I went through the Angelsoft application process, all but up to submission of a funding application, to see what I could learn and discern. 

On Twitter, I wrote, “For entrepreneurs seeking angel investors, Angelsoft asks thought-provoking questions about one's business model."  That, like this blog, was in my voice.  Every time I am asked to think about my company, what it is doing, and why, I learn.  I found the use of Angelsoft highly catalytic in enlarging my post-it size dreams, then synthesizing them from blueprint size down to a single .pdf.

Mr. Rose, having done some preliminary work with the Angelsoft Software-as-a-Service (SaaS) – I learned about SaaS from Daryl Scott and AttaainCI! -  if you care to answer them, here are my questions:
 
With 2,900 new Angelsoft applications per month from companies seeking angel investment, I'm guessing many look and sound a lot alike.  If you could give advice to entrepreneurs using Angelsoft to showcase their companies to potential investors, what three questions could they ask themselves that would help them generate one-of-a-kind applications?
 
What are three pieces of advice to an entrepreneur on how to avoid being in the "a lot alike" category?
 
In essence, what are the three "to-dos" and what are the three "don't-dos"?

Again, Mr. Rose, thank you very much!

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