By guest authors Irina Patterson and Candice Arnold This is the thirty-fifth interview in our series on financing for entrepreneurs. I am talking to Venktesh Shukla, chair of TiE Angels. TiE Angels is an angel investment group formed by charter members of TiE Silicon Valley, the flagship chapter of TiE organization globally. TiE global is
By guest authors Irina Patterson and Candice Arnold Irina: Do you try to estimate a particular return over a particular period? Kindra: Of course. That’s part of the entire process. We look at an anticipated return to see if the return makes sense for an investment and the valuation x return makes sense, so absolutely.
By guest authors Irina Patterson and Candice Arnold Irina: Do you have membership dues for your angel members? Kindra: Yes. It ranges from $2,000 to $3,000. Irina: How many members do you have? Kindra: We have about 146 members. Irina: Who are your members, usually? Kindra: They range from CEOs of companies of various sizes
By guest authors Irina Patterson and Candice Arnold Irina: What else could angels do to improve their chances of success? Chenoa: My opinion is that every angel has something to bring to the party, and if they focus some energy and some of their own resources – not just money – with the companies, then
By guest authors Irina Patterson and Candice Arnold Irina: Do you plan your exit strategies? Chenoa: We’re trying to be a little more aggressive about planning and trying to bring more M&A activity into the state. It’s hard; because we’re so isolated, the M&A activity is very slow. That’s something that we’re working on as
By guest authors Irina Patterson and Candice Arnold Irina: Could you elaborate on your deal flow? Kindra: Deal flow comes from a combination of reputation, member networks, and partnerships with local ecosystems, meaning other groups that are focused on entrepreneurship, especially women-oriented groups. Our companies themselves are a terrific source of deal flow. We focus
By guest authors Irina Patterson and Candice Arnold This is the thirty-fourth interview in our series on financing for entrepreneurs. I am talking to Kindra Tatarsky, director of operations at Golden Seeds, a network of angel investors dedicated to investing in early stage companies founded and/or led by women. Golden Seeds has more than 150
By guest authors Irina Patterson and Candice Arnold Irina: Do you have any sector preferences? Chenoa: Not really. We have done a lot of investing in technology, high tech. There’s a state definition here because we had a tax credit program in place for many years that defined high-tech business. So, because of the tax