By guest authors Irina Patterson and Candice Arnold Irina: What is your preferred investment type? Malvern: I usually receive preferred stock but have also done straight stock or LLC deals. Irina: Do you do debt financing? Convertible? Non-convertible? Terms? Malvern: Most of my deals are preferred stock deals or a combination of preferred or common
By guest authors Irina Patterson and Candice Arnold Irina: How many companies do you have under your belt that you’ve invested in? Malvern: I’ve currently got seven. Irina: That’s a pretty good number for an individual investor. They keep you busy, right? Malvern: Right. Irina: What is the typical valuation of a company you invest
By guest authors Irina Patterson and Candice Arnold Irina: How long does it take for a company to receive funding from your group? Malvern: It usually takes from one to three months to get comfortable with the company and complete due diligence. Irina: And the people are very important, right? Malvern: Oh, absolutely. The people
By guest authors Irina Patterson and Candice Arnold Irina: Approximately how many deals have you invested in so far? Malvern: The total, including the ones I’ve exited, would probably be about 12, maybe more. But that includes deals that I’ve already exited for one reason or another . . . or they didn’t work. Irina:
By guest authors Irina Patterson and Candice Arnold This is the fourth interview in our series on seed financing and angel investing. Today we are talking to Malvern D. Lusky, CPA, and individual angel who is also a part of the Houston Angel Network. Irina: Hi, Malvern. You’re an individual angel, right? And also associated