Good News: Western Massachusetts is home to one of the top 100 startup accelerators in the world and has a rapidly growing entrepreneurship ecosystem. We have dozens of exciting young companies being born every year right in our back yard. WHAAAAAA WHOOOO!
Bad News: Those companies need access to high-risk capital but we don’t have nearly enough angel investors (AKA wealthy people who put their own time & money into startups). Too few angels means too little capital. Too little capital means many of our region’s greatest companies will have to move to where they can find the money.
The Opportunity: If you believe, as I do, that entrepreneurs are our best hope for growing the jobs and prosperity of our region, and if you have an income of at least $250k a year (and/or have a high net worth), I invite you to become an angel investor for our region. Doing so gives you the opportunity to help entrepreneurs with your money and your expertise. Startups are hard. Most fail and in so doing lose their investors money. But the ones that succeed create economy-saving jobs & prosperity. Their founders and investors earn enough to become the philanthropists of the future.
It truly is an opportunity to do well by doing good… and have a blast doing it.
If this sounds like interesting, I invite you to come to a meeting of the River Valley Investors, meet the crazy people betting on the innovators of the future, and consider joining us. To get meeting details, email me firstname.lastname@example.org.