9 Point Checklist Before Investing in an Angel (or VC) Fund

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

My favorite reading from the week of May 15

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 good angel panel, which among other things, talks about how the speed of AngelList threatens traditional … Read More

“It’s X for Y”

“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, one of the many cool DogPatchLabs Cambridgecompanies, for the link.)

But it’s with good reason—people tend to, … Read More

My Next 8 Months of Angel Investing: One Fund and a Half Dozen Startups

OK, the title of this post has ensured that I’ve gone and blown any shreds of suspense. But I’m writing this to get feedback from all of you, so feel free to pick apart my logic.

Angel investing itself is 100% bottom-up, i.e., picking the right companies. However, in order to figure out how much I have to spend, I need to think top-down, or macro.  I start by figuring out how much is a proper amount to go into … Read More

The Future of Seed Capital

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