Tuesday, October 30, 2007

Angel Groups Spread Their Wings-And Raise Their Hands

The Wall Street Journal reports today that angel investors, a group typically associated with providing technology-oriented firms with initial seed capital (before venture and vulture capitalists step in for a second round), are more frequently investing in a wider spectrum of companies, including retail, consumer products, food, and service-oriented companies.

Two striking examples include Wilton-based Artemis Woman a beauty care company, and MGS Soapopular, another CT-based company with WBENC-certification, that, within three months of startup, has since gained a significant market share in the alcohol-free hand sanitizer space--the recent MRSA outbreak has catapulted this company into the limelight, and with initial funding of less than $350k, the company's products will be appearing on 1000+ retail shelves before year end (including select Target stores throughout the country) and is expected to deliver $1million in gross revenue during its first 9 months of operations. Not bad..High Five!

Monday, October 01, 2007

Rocket Racing League-Sponsors Sought at Speed of Light


Only a few weeks ago, I thought that bull riding will prove to be the next great frontier for sponsors seeking to embrace sports enthusiasts! Apparently, the Rocket Racing League is setting to taek off, thanks to league founder Peter Diamandis's deep pockets.