Wayne is IN! And I’m thrilled to be along for the ride. Details below.
Let’s start with some non-controversial startup investment logic:
1) Critical elements to successful startup investing are staying on top of technology trends and having access to good deals
2) Smart entrepreneurs seek out as advisors/investors those successful role models who they can relate to (i.e., are the same age, travel same circles, have friends in common, etc.)
3) I have a limited amount of connections and … Read More
As hinted in the previous post, I’m changing tactics, even though I haven’t changed startup investing philosophy. I’m cutting down the pace of individual company investments at least by half and probably more, even though I’m increasing the overall total of the investments (courtesy of @Crashlytics and Twitter). The difference: I’m farming out the work.
Time Frame Angel Companies/% Money Commingled Funds/% Money
Last 4 years 55 deals/85% 3 funds (80 positions)/15%
Next few years 5 a year/ 25% 9-10 … Read More
Well, that was quick, wasn’t it? Today it was announced that CardMunch, which just did its seed round of funding in late November, (see my writeup on why I invested here,) has been bought by LinkedIn. Here’s a standard news release on the deal here.
A whole flood of thoughts come by, in this order:… Read More