TLDR, Bit Angel Website and sub Reddit launched. Join us.
http://www.reddit.com/r/bitangels Pic of first meeting:
http://t.co/d06it4ghKR New Website Address:
http://www.bitangels.co/The Bit Angels website and sub Reddit is the culmination of a pretty amazing experience at the 2013 Bitcoin Conference. By the end of Saturday night there were a critical mass of veteran entrepreneurs and angel investors at the conference and a real desire by everyone to gather together to discuss the most compelling companies in the space and to explore ways to accelerate those companies.
Sunday morning I hacked together the first Bit Angels website, made a post on Reddit about a 12:00 noon meeting (
http://www.reddit.com/r/Bitcoin/comments/1emwq4/bit_angels_to_meet_today_at_1200_for_lunch_at_the/) and a quick announcement at the conference about doing a first meeting of the Bit Angels. I invited 6 people and more than 20 showed up to the first meeting. Now more than 35 people have joined the group as of this posting. I've volunteered to be the Executive Director and things are moving fast. If you are an experienced entrepreneur and have a few BTC to invest come join us.
Here are a few guidelines the Bit Angels discussed at the first meeting: Discussion of companies which we can accelerate by investing our social, financial, and intellectual capital in. Community Guidelines: Consider companies that strengthen the Bitcoin / digital currency eco-system. Focus on early stage companies. Focus on companies that can out perform the appreciation of Bitcoin or will directly lead to its appreciation. Gentlemen's agreement to go pro-rata on deals that go through the Bit Angel application, screening, presentation, and due diligence process. Invest equal parts sweat equity and financial capital. Meaning invest your time, skills, and experience in the Bit Angel startup entrepreneurs not just your BTC.
-DJohnston
