As I dig through my Google Docs “electronic shoebox”, I’ve been amazed at the stuff in there. Old family pictures. Unfinished to-do lists. And an hour ago I saw a blog post I wrote on 9/13/13, just over 1 year ago, but never posted because I didn’t want to take the time to edit it and make it acceptable. I am finally putting it up, and I will use red italics to signify my updated comments. Here goes.
===============… Read More
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
Anyone who regularly reads this column knows I love AngelList. It’s the matchmaker service between promising startups and early stage investors which has revolutionized angel and maybe even VC investing. There has been a slew of recent articles on AL, including good ones from Venture Hacks, Venture Beat, and BostInnovation. But while there are a few guides on how to hack AngelList from a startup’s point of view, almost nothing exists for angels looking to get … Read More