Inland Empire Tech Coast Angels Visit AGSM
INLAND EMPIRE TECH COAST ANGELS VISIT AGSM
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MBA students were able to attend the event on a first-come first-serve basis. |
The Inland Empire Network of the Tech Coast Angels held their monthly meeting at AGSM on March 10, 2008, to review potential investment opportunities. As the largest angels investment group in the United States, the Tech Coast Angels coach and fund high growth potential start-up entrepreneurs in Southern California. The group has five networks covering all of Southern California. The Inland Empire Network of the TCA, which started meeting September 2007, is the latest addition. Meeting locations alternate around the Riverside, San Bernardino, and Claremont areas.
Five companies presented at the meeting. The company representatives provided PowerPoint presentations describing their business plans, products, and market strategies, in an attempt to convince Tech Coast Angel members that their businesses offer a great opportunity for a high return on investment.
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Speakers from five companies made presentations to the TCA. |
AGSM MBA students, who were invited on a first-come, first-serve basis, were also at hand to watch the proceedings and learn how to launch a small business and gain the confidence and financial support of the investor community.
“During our studies in Professor Christine Pence's entrepreneurship class we have read about different angel networks, studied what they have funded in the past and how they operate,” MBA student Audun Utengen said. “But to be given the opportunity to apply your knowledge from the books into a real life experience like this gives us a more profound understanding of the matter. We have seen how they work, we have taken some of the mystery surrounding the angel investors away… We got a unique opportunity to see their screening process, see how they point out weaknesses and strengths, what they were interested in and what mistakes we ought not to do.”
Another MBA student, Delyn Chow, said, “At the meeting, I understood the value of community, which [you] don’t learn in the text books or lectures. The panel of angel investors are from Inland Empire areas. They have a strong passion to improve this community by promoting business ideas that originate locally.”
Utengen added, “Several of us made valuable contacts, and the TCA was impressed with what we had to offer. They have offered some of us an MBA internship position in the TCA, which will further promote the AGSM MBA,” Utengen said.
For more information on the Tech Coast Angels, please visit http://techcoastangels.com