Right now, I’m fighting a solo battle with the Angel Venture Fair (AVF) over their lame decision to use Eventbrite instead of TicketLeap. Until now, this disagreement has lived on the on the AVF’s Facebook page.
I’m really irritated.
The Angel Venture Fair is put on by the Private Investors Forum, which in turn has members who invested in TicketLeap (Robin Hood and the MAG Fund participated in a recent round). The AVF is dissing a local company for reasons that don’t make any sense to me. This is after a recent discussion among Philly Startup Leaders (PSL) members over what many entrepreneurs (and Jason Calacanis) think is ridiculous pricing — $1,000 to present at the fair and $250 just to apply.
It’s also amusing that the AVF says that they aren’t really looking for PSL stage companies. In a phone call with Valerie Gaydos, who runs the AVF, she said that they are looking for companies with around $500k in revenue.
This is amusing for two reasons:
1. PSL has a bunch of companies with $500k+ revenue
2. How lame is our angel community to be that far upstream?
I’ve literally had angels in Boston and DC laugh at me when I told them what kind of deals our “angels” look at. And this is on top of what the real Philly angels are saying, who don’t need the AVF to source deals and think this whole affair is downright silly.
I’m tired of sitting this one out. I hope some of you are too.
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