Park City Angel Investment Group is on. Get ready to reap the whirlwind.
Wed, July 11, 2007 at 5:20 PM in Park City Angel Group I had a long phone call with Clint Carnell yesterday about finalizing the dates for the first meeting of whatever this group turns in to.
Clint was kind enough to offer to host the inaugural get-together at his home over in Promontory which should provide ample room for everyone's egos. It surprised me slightly when Clint informed me that three of his invitees will be flying in from CA for dinner. It seems that the potential to have some sort of investment vehicle up here in Park City carries some real interest for those guys who have a second home up here and would like to make a move.
There's another group forming up here and I had coffee with one of the founders to discuss what we're both up to. That group (I've forgotten the name since they're just forming) is at 50 now and I think a majority of them are real estate guys. There may some crossover but the feedback I've received is that our little group will stick to 'real businesses'. (not my emphasis)
I'll have to be careful since my wife's horses are now dependant upon the hay we're buying from Barry Hobbs' son Jake. If something goes wrong I could loose it all.
Reader Comments (2)
I'd like to hear more about the types of investments the "promontory" group will be going after. When do you suspect the group will begin investing?
I don't know yet. Our first meeting will by to try and get a feel for each other and where we might take this. It's just as likely to be a fund, an angel group, a loose affiliation, or just dinner. Since I've yet to meet half these guys (I do know who they are) I can't chart any direction... yet.