Maverick Angels launches AngelLink, a “virtual investment network”
Maverick Angels is a Los Angeles-based network of angel investors - but it’s opening its doors to potential members around the country with AngelLink, its new "virtual investment network," which allows members to watch and discuss startup pitches online.
At first, I thought AngelLink sounded similar to Angelsoft, the popular dealflow management software for angels, but it’s actually a very different product. Whereas Angelsoft provides technology to more than 450 angel groups and venture funds, AngelLink is all about allowing investors anywhere to access a single group. Maverick Angels founder John Dilts says his group is the first to go virtual in this way, but it’s an approach that makes sense. If that’s true, I’d expect at least a few angel groups to follow suit - participating through a website has drawbacks compared to meeting in-person, but there’s also an advantage to removing a group’s geographic constraints.
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