Joshua — I completely agree with you. This will come with education (a big part of our future product offering) and with the natural progression of the industry.

I’m in the process of writing another post about what every angel investor really wants to know about your startup and what they’re afraid to ask (tackling issues re integrity, access and asset allocation).

The filters I’m speaking of are not walls, they’re literally spam filters to help investors see startup teams that give a damn. I think you’re referring to the future I described, not the immediate present we’re building for now.

Let’s look at the numbers — 73,400 ventures received angel financing in 2014. These are the official numbers. Looking at non-accredited investors, loans to founders and so on that number is probably double. If we go futher down this path and believe David S. Rose’s 1 out of 40 startups get funded investors receive funding requests from 6,000,000 “startups” — many of which are simply ideas looking for funding by teams who are not serious about running businesses.

Instead of waiting for a friend to send me a startup to invest in I’d much rather ask a system: “Show me all automotive startups founded less than 6 months ago by founders with at least 10 years in the industry that have network effects and no hardware liabilities.”

We want to start filtering out the total lemons first and then in the future, as our industry grows (startupangels.co says that 95 companies are formed world-wide every minute) we’ll figure out other filters. It is these lemons that are the walls that are preventing angel investors from seeing the viable companies.

I appreciate your comments.