Is it a seed? An A? A Seed 2? Praise be to Marc Andreessen’s tweet and Mark Suster’s reply on what a funding round is called. It’s confusing and misleading. I’ve invested in private companies for years, and I still have no consistent idea of how people talk, having done rounds nominally called “B”s … More DUMP THE ALPHABET ALREADY!
I’m delighted to let people know that I’m investing in Ordr.In and MedicalRecords.com. Ordr.In produces a suite of APIs looking to unify the food delivery business (and a TechStars NY Summer 2011 company), while MedicalRecords.com helps physicians make sense of all of the electronic health record choices they need to making. And both are firmly … More Two New Investments, Now It’s Time to Start the Diet
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 … More AngelList’s Big Four Benefits for Investors
I’ll be attending Angel Boot Camp II in Boston on June 14. It’s a terrific event run by Jon Pierce, with lots of opportunities for talking strategies, meeting lots of angels and VCs, and even seeing a few select companies. (Anyone interested, it’s free but you must register.) I’ll be at a breakout session with … More How to Not Lose Your Shirt as an Angel Investor
And the awards go to: Rob Go of NextView Ventures for his post on considerations for the ideal seed round composition; and also to Roger Ehrenberg of IA Ventures for his complementary piece on finding the right investors for the mission. Startup guys raising their rounds now, read these two article pronto; Fred Destin of Atlas as part of a really … More My favorite reading from the week of May 15
“It’s X for Y” Every angel has heard a pitch like the above. I recently saw a pitch on “LinkedIn for Pets”. Huh??? This means of comparison has become so cliché, and so laughable, that there’s a random startup generator to do this—click here and refresh a few times, you’ll see what I mean. (Thanks to Alex at Biff Labs, … More “It’s X for Y”
I recently changed course and invested in a (unnamed for the time being) green energy-related company. I see all sorts of startups related to green energy, all of whom previously got a thumbs down. Most often the no is on the team or on capital inefficiency questions, just as in any other sector. I had seen … More Changing from No to Yes