July 24, 2008  Max Garkavtsev, Founder of QArea, became acquainted with LA Angels and Venture Capitalists at the GROWTH CAPITAL CONFERENCE XXIX "WHERE DEALS ARE MADE", one of the largest Angels & Venture Capitalists Networking events in West Los Angeles area.

Early Stage Venture Capitalists, Investment Bankers, Advisors & Deal Makers, about 50 Entrepreneurs seeking capital, advisors, and strategic partners took part in the conference.

The main participants of the conference invest in southern California companies and look for products and services that can achieve rapid adoption in different markets. The modern IT world is fired by an incessant stream of innovations in the field of IT technologies and software products. Angels & Venture companies are among the first targets in the market which have to foresee the assumption of the innovative idea and decide whether to invest or not.

On the other hand, except the compelling, well articulated strategy for capturing and defending a significant market share, companies with innovative ideas must fit within Angels’ risk/reward expectations.

“The participants of GROWTH CAPITAL CONFERENCE XXIX considered different ideas on how to find and get return on their investments. The conference indeed is of great importance for comprehension of Angel’s behavior about innovative IT project adoption and investment,” said Max Garkavtsev.