By guest authors Irina Patterson and Candice Arnold Irina: How many companies do you plan to fund and accelerate this year? John: It depends on how much we invest per company. We’re looking at something in the 12 to 15 range initially. We’re funded over the next several years.
By guest authors Irina Patterson and Candice Arnold Irina: Do you have any particular industry preference? John: We’re very software focused. We have seen an applicant who has a hardware piece of the solution to help accelerate it, but for the most part, we’re just going to be focused on software. Citrix is very much
By guest authors Irina Patterson and Candice Arnold Tim: If you’ve got an active angel investor who has the capacity and is ready to commit dollars, if [the answer’s] yes, that’s easy. You understand that.
By guest authors Irina Patterson and Candice Arnold Tim: As I said, in southwest Florida, we had never had an angel fund prior to August 1, 2010. Just because it doesn’t exist doesn’t mean we can’t build it, not only in our region, but in the state of Florida. I think we’re emerging. I think
By guest authors Irina Patterson and Candice Arnold Irina: Does your fund have any industry preferences, or is it pretty broad? Tim: [First], I think we need to have a more robust entrepreneurial ecosystem here in the entire state of Florida. And there are a lot of elements to that ecosystem. Not only access to
By guest authors Irina Patterson and Candice Arnold Tim: We [the Tamiami fund members] typically go through a more robust question and answer period inside of the fund structure [than the Gulf Coast Venture Forum]. When we’re done with our question and answer period, we ask the entrepreneur to leave the meeting.
By guest authors Irina Patterson and Candice Arnold Irina: What is your geographical focus? Tim: The state of Florida. As stipulated in our fund document, we are not allowed to invest in companies outside the state of Florida.
By guest authors Irina Patterson and Candice Arnold Marianne: We are focused on helping angel groups grow and do things that are important to their stability and general operations. So, we’ve put together, I think, a lot of good referral services and places for good information. We have partnered with Angelsoft to make sure that