From Send2Press® Newswire — Print Friendly Version

Funding and Investment News


PRESS RELEASE:

Investors Evaluate Early Stage Companies through Online Videos at PlanHeaven
Thu, 21 Jun 2007, 22:59:00 EST

SEATTLE, Wash. - June 21 (SEND2PRESS NEWSWIRE) -- PlanHeaven.com announced today that it has launched an online marketplace showcasing video pitches from early stage companies to a nationwide audience of angel investors. The focus on online video combined with other communication tools differentiates PlanHeaven.com from similar services.

(c) Send2Press"A large number of early stage companies have tremendous difficulty obtaining funding, not because they are bad opportunities, but simply because there isn't enough infrastructure to efficiently match the right opportunities with the right angel investors," said founder and CEO Larry Peterson.

Angel investing accounts in total for almost as much money invested annually as all venture capital funds combined, but angel investments fund ten times as many companies.

"It's largely a numbers game. The more exposure to the investment community an entrepreneur can get the better. PlanHeaven allows entrepreneurs to cast a 'wide net' to catch the right angels locally and nationwide," explained Mr. Peterson.

Already 21 early stage companies have listed on the website from a variety of industries. All visitors see the list of companies but they must register as an accredited investor (no charge) before being able to see details and access additional features.

Entrepreneurs can get listed for a fee of $49/month.

About PlanHeaven
PlanHeaven.com was founded in 2007 by a Seattle based entrepreneur and an angel investor. The website (www.planheaven.com) uses online video pitches and communication tools to foster communication, feedback, and investment connections between early stage companies and angel investors.



NEWS SOURCE: PlanHeaven.com

Send2Press® is the originating wire service for this story.

PRESS RELEASE PERMALINK: http://www.send2press.com/newswire/2007-06-0621-007.shtml


For more information about this news release, contact PlanHeaven.com directly through their Web site found in the above press release, and NOT Send2Press.


Copyright © 2007 by Send2Press® Newswire, part of the Neotrope® News Network (California, USA). All rights reserved. License/Terms of Use: Attribution Required ("Send2Press® is the originating wire service").
www.Send2Press.com        REF: 1400 (11 this year)