Open Angel Forum

The Open Angel Forum is a recurring event designed to aid early stage startup companies seeking funding, via presentations to prospective angel investors.

Launched in 2009 by tech entrepreneur and media figure Jason Calacanis, the event was the culmination of a series of public comments by Calacanis questioning the ethics of groups who charge fledgling companies to present to wealthy investors. Calacanis, already co-founder of startup competition TechCrunch50 with Michael Arrington (which ran from 2007-2009), had spoken out repeatedly against specific groups he characterized as preying on small, hopeful companies seeking financing.

The conversation evolved quickly over the course of several days, beginning with a blog post calling for "Jihad" against the Keiretsu Forum, a discussion on his online broadcast This Week in Startups, and two impassioned polemics outlining the impetus for creating an alternative model: the first self-described as "declaring war" and "written with boiling blood" quickly followed by a second containing quotes from other prominent tech industry pundits such as Fred Wilson and Brad Feld as well as anonymous individuals claiming to be formerly affiliated or familiar with the groups in question.