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UK Entreprenuer

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Review of the Crowd For Angels, Peer to Business Lending:
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Not what you'd expect from an Angel investment network

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Surprised that key points in our pitch (traction, CAC, competitive edge, problem/ solution, revenue model etc) were overlooked in favour of questions that seemed to be more specific to accounting. Seems to prefer valuing companies based on asset/ liability ratio (which would immediately exclude any startup, irrespective of whether you have EIS / SEIS) Also not encouraging to see that at least 2 of their recent 'success' stories where investment was secured, no longer exist/ trade. If I was an investor in those co's off the back of this platform, I'd be pretty upset! All in all, proof that as an entrepreneur, you need to choose your investment partners/ investors carefully! Reviewed on: 16th January 2018

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