By guest authors Irina Patterson and Candice Arnold Irina: How many investments have you done in the past 20 months? Well, I guess each member did a different number of investments? Bob: Exactly. I’ve got some numbers at the high level for the group. We average about nine to twelve investments per year as a
By guest authors Irina Patterson and Candice Arnold Irina: And who does the screening? Bob: Pasadena Angel members; they’re actually investors. Our executive director will look at everything that comes in. And, again, if the guy’s in North Carolina – and I’m not trying to pick on North Carolina or North Dakota or North Sasquatch
By guest authors Irina Patterson and Candice Arnold Irina: You’re trying to bring some efficiency to the process, right? Bob: Efficiency is certainly part of it. Effectiveness is another part of it; understanding correlations and causes is another part of it, so yeah, I think all those things go hand in hand. Irina: So, you get
By guest authors Irina Patterson and Candice Arnold Irina: So you have other angel groups in the Los Angeles area? Bob: Yes. There’s Tech Coast Angels and they’re, like I said, a lot like us, but they’ve broken down into chapters so they have a chapter in San Diego, one in L.A., and one in
By guest authors Irina Patterson and Candice Arnold This is the second interview in my series of interviews with angel investors and angel groups. This time I talked to Robert (Bob) Aholt, a vice chairman of the Pasadena Angels based out of Los Angeles. Irina: Hi Bob, tell us briefly about your personal background and