Most angels who volunteer as mentors cite noble reasons to do so: “paying it forward”, “giving back”, educating the next generation of entrepreneurs, and so on. I love people who help others purely for altruistic reasons, and I hope such motives stay foremost in mentors’ minds. The more favors you do, the more come back your way. At AngelBootCamp on 6/14 in Boston, there’s a great session with Katie Rae (TechStars, Project 11) , David Skok (Matrix), … Read More
In the last post, I discussed how commingled funds, whether they be managed by micro-VCs, leading angels, or traditional venture capital funds, can be an important component in an early stage investor’s overall strategy. This is especially for those who otherwise can’t assemble a diversified portfolio. In this post, I’m going to talk about 9 areas I think are most relevant to look at before investing in a startup fund. They are:
1) The Manager’s Background /Reputation
2) Prior … Read More
I’ve seen the future of Seed Capital…and it’s Project 11.
I spent an afternoon last week at DogPatch Labs in Cambridge, an incubator backed by Polaris Ventures. Like many incubators, there are a lot of promising startups there, like MassChallenge finalists Neuroscouting and Energesis Pharmaceuticals; TechStars Boston alumni like Social Sci, Localytics, etc. But the most interesting people I talked with are the people behind Project 11, a seed capital fund run by Katie … Read More
The last post on The Perfect Angel Group created an idealized composite group that unfortunately doesn’t exist. The post did beg the question of which is my favorite group, which I’ll answer here. Quick disclaimer—I have visited less than half of the groups in New England, and none South of Boston. So while this is a limited and regional list, I think it’s still instructive to look at a few of the groups in a little more depth.
The Bronze … Read More