By guest authors Irina Patterson and Candice Arnold Brian: They say in the angel business, the real problem companies are the ones that keep existing. They don’t go up; they don’t go down. They just stay in place. That’s why it’s so important to look for companies that do have the opportunity for scalability. But
By guest authors Irina Patterson and Candice Arnold Irina: In the past 12 months, how many new investments has New York Angels made? Brian: I’m going to say probably eight, which I hear is pretty good during a recession, and maybe five or six add-on investments. Irina: Can entrepreneurs who are not based in New
By guest authors Irina Patterson and Candice Arnold Irina: So, you run the educational workshops for entrepreneurs as part of your work for New York Angels? Brian: Yes. We started a New York Angels meet-up group in New York City, and we’ll have ongoing educational workshops. Irina: How often? Brian: New York City is a
By guest authors Irina Patterson and Candice Arnold Irina: What is your source of deal flow? Brian: A good portion of the deals come from the angels themselves because of their contacts. We are on the Angelsoft platform, so there is an enormous amount of deal flow that comes through them as well. New York
By guest authors Irina Patterson and Candice Arnold Brian: At the age of about 28 or 29, I ran into a guy by the name of Regis McKenna, whom many people to this day don’t know. Regis, who wrote The Regis Touch, was the first real marketing strategist in Silicon Valley. He announced Apple computer,
By guest authors Irina Patterson and Candice Arnold This is the forty-seventh interview in our series on financing for entrepreneurs. I am talking to Brian Cohen, vice chairman of New York Angels. The group offers early stage capital in the range of $250,000 to $750,000. Since 1997, the group and members of their predecessor group
By guest authors Irina Patterson and Candice Arnold Saad: The biggest challenge that I see from a venture perspective for me, personally, is how do you scale yourself and your time? Unfortunately, there are only 24 hours in a day and seven days in a week. I can tell you that if I wanted to
By guest authors Irina Patterson and Candice Arnold Saad: Just because a venture guy doesn’t invest in something or rejects something doesn’t make it a bad company. In fact, I would argue that the vast majority of companies that have been created in the world were not venture backed and have been super successful. Having