Both Sides of the Table

JUNE 18, 2015

There are too many deals to look at, too many seed funds or angels asking you to look at deals and weekly “demo days” with manicured and monocultural presentations crafted by experienced story tellers to help even the mundane idea sound like it will. For investors life is no different.

Software Review 150

Software Review Turkey Portfolio Syndicate 150

Both Sides of the Table

APRIL 27, 2014

I started in 2007 with a thesis that my primary investment decision would be about the team (70%) and only afterward about the market opportunity (30%). Don’t even get me started on Demo Days. You could spent 20 days / year at Demo Days now.

Cofounder 374

Cofounder Syndicate Syndication Early Stage 374

Professor VC

JANUARY 17, 2008

One of my comments was that we would likely see more institutionalization of angel groups and syndication of deals among groups. If my math is correct, this is approximately a 31% IRR, which has to beat individual angel investments on aggregate and venture capital returns over the period of the study (1990-2007). Back to the panel.

Pre-Money Valuation 28

Pre-Money Valuation Angel Investor Angel Groups Valuation 28