By guest authors Irina Patterson and Candice Arnold Irina: What is Sand Hill’s sector preference? Anu: It has to have technology or some sense of innovation to it. We’re not going to do a classic consumer goods company or a real estate company. It has to deal with technology in some way. Mostly, IT, some
By guest authors Irina Patterson and Candice Arnold Irina: Do you think about the return you would like to have over a certain period? Anu: We’re different from a VC firm in that we don’t have IRR [internal return on investment], and we don’t have LPs [limited partners]. It’s our own money.
By guest authors Irina Patterson and Candice Arnold Irina: How do the angels gain access to the deals that are received? Anu: Everything is done through Angelsoft. I think we were one of the first users of Angelsoft. Most angel groups use it. Irina: What do you like about Angelsoft? Is there any fees? Anu:
By guest authors Irina Patterson and Candice Arnold Anu: Around 2006–2007, I ended up starting another company called 411Sync, which was doing mobile search. It did OK, but it didn’t go anywhere. And then I spent a year and a half trying different things. Now I’ve been on my new company since May 2008. It’s
By guest authors Irina Patterson and Candice Arnold This is the fortieth interview in our series on financing for entrepreneurs. I am talking to Anurag (Anu) Nigam, president of Sand Hill Angels, which is an angel investing group in Silicon Valley with more than 60 members. Anu is also the founder and CEO of BuzzBox,