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"I am an average Joe now hopefully on the way to a successful business. Without an investor, I would have nothing and one thing Irish Investment Network will do for you is get you in contact with investors. This is about as real as you will get from a testimonial. If your idea is good enough, you will get investors on this site. All the best."
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Tom Carty |
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Finnish startups wow Valley angel investors
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Silicon Valley came to Helsinki this week when 100 newly sprouted companies took the stage to pitch their ideas to investors.
The Slush 2011 startup conference drew over a dozen international investors looking to find the next Angry Birds hit. Ovelin, a company that has developed an iPad game that teaches beginners to play guitar won the pitching competition.
“Rovio [the company behind Angry Birds] just announced it has surpassed half a billion downloads. Now we’re excited to see when we’ll hit this milestone. We believe there’s enormous international potential,” said Ovelin’s Mikko Kaipiainen.
Angel investors praised Finnish startups for being Silicon Valley-grade.
“I found quite a few companies that are interesting -- again you cannot make an investment based on a 15-minute meeting, but there's quite a few companies I find exciting that I hope to go back and take a closer look at,” said Sundeep Peechu of Felicis Ventures.
Home-grown angel investors are also swooping in to bankroll Finnish startups in addition to sharing networks and support with budding entrepreneurs.
“I believe there are more and more targets that are attracting investors,” explains private investor Anssi Vanjoki, who is a former Nokia director.
Slush, the largest startup event in northern Europe, brought together startups in the Nordic region and venture capitalists from the Valley and beyond in Helsinki's old cable factory.
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