SAUSALITO, Calif., April 28, 2011 /PRNewswire/ -- BayAngels, a Sausalito based group of angel investors, today announced the re-launch of their organization. The purpose of BayAngels is to introduce early stage technology companies to seed capital and executive level talent. The newly re-launched BayAngels will bring together Marin County's thriving community of technology executives, entrepreneurs and investors on a regular basis, through exclusive events. The first event is scheduled for May 10, 2011.
Featured speakers for the May event include Lucas Buick and Ryan Dorshorst, Founders of Synthetic Corp, the company behind the hit iPhone app, Hipstamatic. The executives will talk about their journey from start-up to Apple's "App of the Year". The event will be moderated by innovation expert, Sarah Browne, aka The Guru of New.
"Our goal is to encourage the launch of a new 21st-century tech boom right here in Marin. The time is right for BayAngels to step in and speed this phenomenon along. OpenTable and Zoom Systems were both early portfolio companies," said BayAngels founder, Roger King. "Many successful technology companies started in Marin. There is no shortage of great ideas plus there is a lot of money here. It made sense to put the two together."
"We wholeheartedly welcome the return of BayAngels and applaud its focus on enhancing Marin's economic vitality," said Robert Eyler, interim CEO of the Marin Economic Forum.
Unlike a number of angel groups, BayAngels does not charge a fee for entrepreneurs to present to their group. King explains, "We hope to make money alongside them --not to take money from them."
The launch event will be held on May 10th at the Spinnaker Restaurant in Sausalito and is open to qualified investors, private equity and venture capital firms. Please visit www.bayangels.com for more information, write to [email protected] or register at http://bayangels.eventbrite.com.
About BayAngels: BayAngels was founded in 1998 by Roger King, CEO of ChiefPeople. As one of the premier angel groups in the Bay Area, the organization was featured in Forbes, Business Week, CNN, the London Times and more. BayAngels also served as a model for entrepreneurial groups in the UK, Australia, and Japan.