Investment: How to use Angel List to raise money for your startup

Interested in capital from angel investors? Well, not surprising that. Here some interesting insights from someone who's done it. Here is some practical, hands on advice from an entrepreneurs who did it himself. Matt Thazhom, CEO of PowerInbox 

BI: How long did it take to raise your seed round?
MT: We got our first commitment within a week of posting on AngelList. It then took about 3 months to get to our first closing.

BI: How many folks participated in it?
MT: 27 (a few VCs and a number of angels) 

BI: How did you generate interest on AngelList?
MT:   A great referral – Rob Scoble did a video on us at his home. Afterwards he offered to refer us on AngelList. 

If you have any activity on AL, they send out an update on you at the end of the week. Update your profile every Thursday so you show up in the update emails. When an investor wired in the funds, we immediately added them to our AL profile because AL sends out an email to all followers of that investors so its a way to get exposure in between the weekly update emails.

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