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re: How to find a tech investor in louisiana or surounding areas

Posted on 8/28/17 at 10:32 am to
Posted by ATLdawg25
Atlanta, GA
Member since Oct 2014
4370 posts
Posted on 8/28/17 at 10:32 am to
quote:

The people who will "ewww" and "ahh" your idea are never anybody who can help you.

My only contribution to this thread is pointing out that it is "oooh", although your version is more amusing.
Posted by Drunken Crawfish
Member since Apr 2017
3883 posts
Posted on 8/28/17 at 11:33 am to
I think there is a state wide Angel Investor network. I know for sure BR and NOLA have it. Not sure where you are located but the Tech Park in Baton Rouge may be able to help. Also the LSU Business Innovation Center.

What exactly does your app do? I am assuming you own the IP if you already launched.
Posted by Fat Bastard
alter hunter
Member since Mar 2009
91098 posts
Posted on 8/28/17 at 11:37 am to
get with Marty Byrd

he is in Mizzou

Good luck!
Posted by TheOcean
#honeyfriedchicken
Member since Aug 2004
45961 posts
Posted on 8/28/17 at 12:57 pm to
quote:

Oh man. Coming from the startup world, I cringe when I hear "me and my team created a social application to help college students succeed". So what? How many users do you have? How much money are you making a month? If you don't have either, when will you and how and how do you scale it? Nothing else really matters. Your idea is not special. Your idea is not going to make you the next Mark Zuckerberg. You're only concern is revenue and users. Get to $1,000 a month revenue and then go look for money. At least then, you'll have a small start. If you have that, you won't have any problem finding the investors. People don't invest in ideas. They invest in businesses. This will make me sound like a dick. That's ok. I'm speaking from experience. I failed at launching a startup and after the excitement wears off of pitching in a competitions and people telling you your idea is incredible, it's an exhausting road. All business ownership is. Best of luck to you and your team, but I would warn you to really look yourselves in the mirror and be honest with yourself and your "business". It may save you a lot of time and heartache



Posted by tigersint
Lafayette
Member since Nov 2012
3574 posts
Posted on 8/28/17 at 9:15 pm to
Thanks for all of the help guys.

I have already applied to some of the suggested places in this thread and will continue my search.
Posted by LSUShock
Kansas
Member since Jun 2014
5667 posts
Posted on 8/29/17 at 10:05 am to
quote:

My only contribution to this thread is pointing out that it is "oooh", although your version is more amusing.



Fortunately I can laugh at myself . This thread has me worked up.

quote:

I think there is a state wide Angel Investor network. I know for sure BR and NOLA have it. Not sure where you are located but the Tech Park in Baton Rouge may be able to help. Also the LSU Business Innovation Center.


This is all great and I guess it answers the question asked in the initial post, but none of it matters if you're not prepared when you get in front of these people. Especially actual investors. I would be leary of any public or state run organizations. The people in charge of these are usually just pencil pushers who are gatekeepers to those who you really want to be in front of. Again, if your startup is an actual business, the real investors will be coming to you.

Everything I have posted is the stuff nobody wants to tell you or believe when it comes to start up entrepreneurship. I'm trying to save you a few steps.

For what it sounds like you're looking for, my suggestion would be to reach out to 1MC BR ( 1MC BR Site), pitch there (First slide needs to be users/revenue), and let all these organizations introduce themselves to you after.

Use these as a resource. LINK ]500 Startups Paul Singh


This post was edited on 8/29/17 at 10:09 am
Posted by Tigafan23
Baton Rouge
Member since Jun 2017
34 posts
Posted on 8/30/17 at 8:22 am to
nice
This post was edited on 8/30/17 at 8:28 am
Posted by jrobic4
Baton Rouge
Member since Aug 2011
13283 posts
Posted on 8/30/17 at 12:17 pm to
New Orleans, Lafayette and Baton Rouge all have Angel groups. Shreveport has some significant funding for startups as well. Innov8 Acadiana is a start up accelerator on Lafayette

www.acadianaangels.com
Posted by fsl2013
Member since Oct 2013
1 post
Posted on 9/1/17 at 12:05 pm to
1Million Cups isn't meeting right now, we are hoping to get it back up in a couple of months. Check out pitchbr.org, I help organize that too, we have an event Sept. 14 at Pelican House.

BTW, I'm with the Louisiana Technology Park, happy to help if you have any additional questions etc...

Stephen
Posted by tigersint
Lafayette
Member since Nov 2012
3574 posts
Posted on 9/4/17 at 1:04 am to
Thanks Mr. Stephen.

Can you please send me an email to wcasoccer21@gmail.com so that i can talk to you more about the PitchBR event.
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