Met this dude at a meetup here in DC and he said he was looking for early stage investments, wanted to hear pitches. I started a few phone conversations with him and got that unmistakable vibe I was getting my ego stroked by a salesman. He seemed way too interested in moving through his process (which keeps coming back to him mentioning offshore outsourcing) without really seeming to know much about my project. That is certainly due to me not explaining it well, but it seems like a legitimate investor would have passed on me pretty early on, rather than keep telling me "everything sounds great, let's move on to the next step in the process".
I start trying to look up his "portfolio companies" to see what they are like, see if I can't contact any of them and get an idea of what sort of contribution he made for them. I don't know what I'd get out of it, I at least wanted to know what size of companies he's investing in.
And in the process, I find this. This is his site: http://www.3siholdings.com/#!portfolio/cee5
The first logo is his own company. The second logo isn't even a company, it's the logo for a technology incubation initiative from our governor. The third logo, I did a reverse image search on and all of the links, for several pages, are just like this:
http://www.healthstylecatalogue.com/#!hc-providers/cee5
http://www.scprivatecapital.net/#!portfolio/cee5
http://www.acisup.com/#!portfolio/cee5
They all have completely different "teams". What is this, some form of multi-level marketing scheme with which I'm not familiar?
Wild guess: He's going to sell you management consulting, in which he tells you all the money you can save by outsourcing your software development. Any 'seed funding' he gives will be eaten up by a deal with him and somebody he knows, who will play the software developer. When that runs out, you'll look for additional funding and spend it on his buddy who shares a cut with him. He might get a share of the company, but I don't think he cares about it.