I posted here yesterday about the Willamette Angel Conference, a local group of angel investors, of which I’m a member, choosing to invest at its annual conference event. The winner turned out to be Good Clean Love, selling natural, organic, healthy intimacy products. For more on that, click here for Our Angel Group Chooses to Invest in Healthy Natural Organic Intimacy Products on my main blog today.
It’s interesting to me that I’m seeing a trend emerging. Software and web applications, which is where my experience is, aren’t winning the competitions. Medical businesses won all three MBA venture competitions I was involved in this year, and finalists were mostly medical, natural, organic or clean energy. And a natural organic but basically low-tech product won our angel investment.
(And that brings up an interesting conflict of interest point. Since I’m one of the angel investors, that means I now have an investor interest in Good Clean Love. Just so you know.)