Sramana Mitra: Again, from a trend point of view, you’re sitting at an interesting vantage point. Where are the entrepreneurs? You gave me an idea about where the investors are. You said France is seeing a new angel investment surge, as are India and the U.S. Where are you seeing entrepreneurial activities? David Rose: Countries
Sramana Mitra: So, in general, the investors are paying; the entrepreneurs are getting it free. David Rose: Right now, such as it is, yes. Although the large returns will come in the future from premium services that will be added in. SM: You’re going to have premium services on both sides? Both the entrepreneurs and
Sramana Mitra: What is the business model of Gust? You said you just launched the business. What was the business model of the seven, eight years of market development that you did, and what is going to be now the business model of Gust? David Rose: The business model of AngelSoft was purely leading up to
David Rose: Based on that, we went out and began to approach business angel groups and networks and their parent associations and organizations. We created for them an entire infrastructure platform to handle the management of all their incoming deal flow, members, and membership of their investment management under the name AngelSoft. By working laboriously
Today, I’m talking with David Rose, who founded AngelSoft, now Gust, in 2004. Gust provides a platform where angel investors and entrepreneurs can connect and discuss ventures. Originally created with angel investors’ needs in mind, Gust now has more than 750 investment organizations worldwide using its platform to manage deal flow and other day-to-day tasks.
By guest authors Irina Patterson and Candice Arnold Irina: Once entrepreneurs are accepted in the program, what is the next step? John: We’ll work with each of them individually. What’s a little different about our program than some of the other programs out there is this is not a class-style program where we bring in
By guest authors Irina Patterson and Candice Arnold John: Having that video capability built into Angelsoft has been nice. I had one entrepreneur, for instance, who put his application in a few weeks ago. He just walked around the room on a Friday night saying, “We’re about to ship our Beta version. We’re going to
By guest authors Irina Patterson and Candice Arnold Irina: Would you please go over the core benefits of your program one more time? John: We give access to our deep channel of partners and customers. We have more than 250,000 customers that range from enterprises all the way down to small, medium sized businesses; access