Marcelo Calbucci

Startup Score:

Successes: 0.1+0.5
Failures: 1
In progress: 1

Monday, April 23, 2007

Does the Zino Society sucks?


    As an entrepreneur I'm always look for ways to connect with investors, particularly angel investors. There is a handful of organizations in the Puget Sound that make it easier to connect with those investors, like the Alliance of Angels, Keiretsu Forum and the Puget Sound Venture Club.

    Some of these organizations can cost you anywhere between $300 to $5K to present to investors, which for a startup can be a hefty price to pay if there is no good outcome.

    After talking with a bunch of entrepreneurs last week, it was a consensus that Zino Society was the worst $1,500 to $5K they ever spent. Why? According to them, not only they didn't get any funding, but they had the feeling that the investors were not that interested in investing at all.

    That is pretty bad for Zino Society. For example, Keiretsu and Alliance of Angels are very open about the results startups get presenting at their forum, which is usually around 50% getting funded. Zino Society? Nowhere to be seen any stats about their group.

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