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Jason Calacanis Launches Inaugural Open Angel Forum in Los Angeles

By Anna Johnson on December 8th, 2009

Jason Calacanis has announced the inaugural Open Angel Forum to be held in Los Angeles on January 14, 2010. The forum will allow five companies to pitch their business ideas to a group of angel investors in the hopes of raising seed or angel funding.

Jason Calacanis – serial entrepreneur, CEO / founder of Mahalo, and host of Internet business web show, ‘This Week in Startups’ – largely came up with the idea for Open Angel Forum to give startups a no-fee alternative to those events where entrepreneurs are charged substantial fees to present their ideas to angel investors. Organizations such as The Keiretsu Forum reportedly charge entrepreneurs several thousand dollars to pitch to angel investors.

Jason plans to start Open Angel Forum chapters in other U.S. cities and to have 5-10 Open Angel Forum events per year. The first Open Angel Forum in Los Angeles on January 14, 2010 will be an evening event ‘over dinner’ between 6.30pm and 9.30pm.

The first group of angel investors to join the Open Angel Forum are a veritable ‘who’s who’ of mostly L.A. (and a couple of San Francisco Bay Area) based Internet / technology entrepreneurs and investors: Kevin Rose, founder of Digg; Sandy Climan, president of Entertainment Media Ventures, Inc.; Gordon Gould, co-founder and executive chairman of ThisNext; Matt Coffin, founder of LowerMyBills.com; Sky Dayton, founder of EarthLink, co-founder of eCompanies, and founder and chairman of Boingo; Bill Woodward, venture capitalist with Anthem Venture Partners; and Phil Kaplan, founder of AdBrite.

Applications to pitch at the inaugural Open Angel Forum in L.A. close on December 23, 2009. You can apply here.

For more information about the Open Angel Forum go here: Open Angel Forum.

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