This is an excellent idea
Company founders spent six minutes with each VC – three to pitch them and three for feedback – as part of EntrepreneurshipWeek USA, a first-time national effort sponsored by hundreds of organizations to encourage entrepreneurialism in the United States.
I was chatting on skype to Sam Sethi (vecosys and formerly techcrunch uk) tonight and commenting that this is exactly what we need in the UK. Having been to the first three Open Coffee meetups, 80% of the entrepreneurs I meet are looking for funding. You may not be surprised by this, but Open Coffee was seemingly set up just as a place for entrepreneurs to hang out with each other rather than being either a networking event or a chance for “talent to meet money”. Unfortunately the format of the event means that the Investors are indistinguishable in the scrum of this very popular event and aren’t “famous” faces that every entrepreneur would recognise.
I had mistakenly believed that Imperial College Entrepreneurs would implement something like this when it was set up, but sadly not as yet.
Personally, I’d be very happy to participate in such an event.