Sharon T. Freeman
Business Angels of Slovenia hosted Sharon T. Freeman, economic development and trade expert from Gems of Wisdom Consulting, Inc. She has been invited to Slovenia by the US Embassy and had a busy week meeting with various entrepreneurship support organisations. Among others she also attended the Startup Café.
Branko Drobnak, Aljoša Domijan and Niko Slavnič shared their views on the current entrepreneurship environment in Slovenia as well as efforts and aspirations of organisations and startups to penetrate the US market and successfully approach US investors. Sharon T. Freeman expressed an interesting point about hubs, such as San Jose, where the competition is big. Focusing on those might not be the best strategy whereas other locations can bring bigger impact.
She also shared how the USA is a bit specific regarding the activities of angel investors, since startups can often receive funding (such as loans) elsewhere and thus the angels that remain, invest because other angels do so. This is different from Slovenia. Private funding is scarce and business angels are an important piece of the puzzle.