James Marcus felt he was living life out of synch. Upon graduating from Harvard Business School in 1994, his classmates flocked to Wall Street and the consulting firms. Marcus joined a start-up instead. The site works like most other online angel investor networks.
Potential investors review business plan summaries online.
Those who are intrigued request the full plan, which is released at the entrepreneur's discretion. Then investors and entrepreneurs can connect offline to pursue deals. In addition, alumni of each university get first crack at the entrepreneurs from their respective alma maters. It's been a tough year for angel-matchmaking Web sites. The Internet revolution has proven that no one can predict where promising business plans will surface.