By guest authors Irina Patterson and Candice Arnold Irina: Is this, managing the fund, your full-time job? Eric: Yes, it is. And a lot of it is to facilitate the selection of companies that present and also to make sure that the due diligence gets done thoroughly and well and politely in a way that
By guest authors Irina Patterson and Candice Arnold This is the thirty-sixth interview in our series on financing for entrepreneurs. I am talking to Eric Pozzo, fund manager at the Oregon Angel Fund. It is a professionally managed, investor-driven angel organization that launches a new $3 million fund each spring and invests in companies in
By guest authors Irina Patterson and Candice Arnold Irina: How many proposals do you receive per month? Venktesh: It’s hard to tell, but so far I think we have received 60 to 70 proposals over the past three months. Irina: Out of those, how many deserved a closer look? Venktesh: Well, what we do is
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: What do you think in terms of returns? Dave: Every company we get involved in, we’d like to believe has the potential to be worth $1 billion someday. The multiple over time is not important to us. What’s important is the scale of the venture and
By guest authors Irina Patterson and Candice Arnold Irina: What are your personal daily challenges? Lewis: Personally, I’d love to help every organization that came through our door, and every single entrepreneur, and be able to provide them with, if not an introduction, at the very least resources of tools and readings they could use
By guest authors Irina Patterson and Candice Arnold Irina: On average, how many pitches do you receive per month? Dave: From 50 to 75. Irina: And out of those, how many deserve a closer look? Dave: Every year we typically make, per investing partner – there are two of us [another partner is Dafina Toncheva]
By guest authors Irina Patterson and Candice Arnold Lewis: We are co-investing alongside the existing funds that have been successful in doing this in this space, and we really do rely on them to be the drivers of agreeable terms and knowing what is best for the investment, which ultimately is best for our prospective