Sramana Mitra: What did BevyUp do? Dennis Joyce: It allowed the sales representative from a place like Nordstrom to work with their customers in a shared shopping cart capacity. It was a co-shopping platform. Sramana Mitra: When it came to you, what did they have? Dennis Joyce: They had a very simple software platform and
Sramana Mitra: If you look at your last 15 months deal flow, what do you see? What are the highlights of the trends you see in your deal flow? Jeremy Schneider: One thing that has been exciting for us is that WIN has been around now for about eight years. In 2017, we started to
Sramana Mitra: Do you lead deals? Anshu Sharma: In Silicon Valley, even $100,000 doesn’t really make you a lead in any meaningful sense. Sramana Mitra: Depends on what stage. Maybe we should visit the stage question first and then come back to the size question. Anshu Sharma: It’s not about leading or not leading. The
Sramana Mitra: Going back to my question, in terms of stage validation, what is the sweet spot? Are you looking to see customers already in place? Are you looking to see revenue in place before you are willing to write a check? Dennis Joyce: We’re looking to see as many customers lined up. A founder
Sramana Mitra: Let’s now talk about stage and how big is the fund that you’re investing from. What sized investments do you like to make? Jonathan Pines: In terms of stage, we tend to focus on the seed stage. That’s not necessarily first angel money in but usually the first sizeable $1 million to $3
Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with Anshu Sharma was recorded in March 2018. Anshu Sharma is an active angel investor who invests in Silicon Valley and India. Anshu has deep experience in the enterprise software space, and a
Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with Dennis Joyce of Alliance of Angels was recorded in March 2018. Dennis Joyce, Investor and Member of Alliance of Angels, talks about the largest angel group in the Pacific Northwest. Sramana Mitra:
Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with Jeremy Schneider and Jonathan Pines of Webb Investment Network was recorded in March 2018. Jeremy Schneider and Jonathan Pines, both Directors at the Webb Investment Network, discuss their firm’s investment thesis. Sramana