By guest authors Irina Patterson and Candice Arnold Irina: How many pitches do you receive per month, on average? Dick: In a month, I’ll hear from 12–15 capital seekers. Irina: Out of those 12–15, how many deserve a closer look? Dick: One or two. Irina: What would be your next step of engagement with them?
By guest authors Irina Patterson and Candice Arnold. This is the twenty-seventh interview in our series on financing for entrepreneurs. I am talking to Dick Reeves, executive director of Huntsville Angel Network that services entrepreneurs in and around Huntsville, Alabama, where it’s based. Irina: Hi, Dick. Why don’t we start with you telling me a
By guest author Irina Patterson This is the twenty-sixth interview in our series on financing for entrepreneurs. I am talking to Raymond Chan, a member of Tech Coast Angels. TCA has over 260 members and provides funding and guidance to early-stage, high-growth companies in Southern California. Irina: Hi, Ray. Let’s start with your personal background.
By guest author Tony Scott Silos Are Out, Specialization Is In Tony: I’ve done a lot of work with service business, and they are typically either aligned around geography or around a service solution, and there’s always some matrix of the two; you can’t get away from that. But if you’re doing innovation-related work in
By guest author Irina Patterson Irina: What is your biggest investment success to date? George: I am one of the three original investors on Twitter; I’m sure that will work out well. And I’m an investor in a company called Yammer, which is becoming the Facebook of enterprise and which is going to be showing
By guest author Tony Scott Ensuring a Sense of Common Purpose Across a Global Team Peter: Creating a sustainable culture is important. There are a couple of things to say about our experience here at GlobalLogic. First of all, we started as an R&D business from the outset. We didn’t evolve to be one; we
By guest author Irina Patterson Irina: Do you think in terms of total available market, like a certain number? George: At the seed stage, we are just thinking of a big picture – will the innovation of this create brand new behaviors, have an impact, or change an industry or market? And that’s qualitative. At
By guest author Irina Patterson Irina: Let’s talk about seed funding. What is the CRV QuickStart program? George: Initially, we called the program QuickStart. We made about sixteen investments that were $250,000. We found that entrepreneurs liked it, but a bunch of angel investors did not like it because we priced it as a convertible note