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: What is your source of deal flow? Brian: A good portion of the deals come from the angels themselves because of their contacts. We are on the Angelsoft platform, so there is an enormous amount of deal flow that comes through them as well. New York
By guest authors Irina Patterson and Candice Arnold Brian: At the age of about 28 or 29, I ran into a guy by the name of Regis McKenna, whom many people to this day don’t know. Regis, who wrote The Regis Touch, was the first real marketing strategist in Silicon Valley. He announced Apple computer,