Canaan hosted a breakfast discussion with around 30 angel investors late december on sidelines of TiE Entrepreneurial Summit. It was a great discussion, and personally I learnt a fair bit from fellow investors. The interesting part were the linkages that are developing in biases that exist between venture and angel funding, and as a result the validity of some of the stereotypes we so hard try and counter!

It was also interesting to see some of the biases and stereotypes that are emerging in the process. I have heard many entrepreneurs complain about things like IIT/IIM graduates having a better shot at raising financing – however, it is interesting that there seems to be rationale to this – largely around the fact that positioning the company is a key role of founders, and hence a criteria in decision making.

Here is a brief summary.