Angel investor Hamin Rezepour shares with nuResume founder Reena Jadhav his top industry picks for investing in 2009 along with a tip for entrepreneurs.
He believes that 2009 is going to offer opportunities in Real estate and Green Tech. After all, there's significant inventory of distressed and undervalued commerical properties for cherry picking by investors sitting on cash. Who has extra cash and is willing to invest it yet is a different interview entirely. He's certainly investing and has put money in a renewable energy venture recently. His tip to entrepreneurs - focus on creating a business plan that gets to monetization within a reasonable timeframe of 2-3 years. Days of losing money for 3-4 years and still getting funded are unfortunately gone.
So all you entrepreneurs, when will you get to profitability?