Seed Capital From Angel Investors: Alan Rossiter, Vice Chairman, Springboard Capital (Part 5)

By guest authors Irina Patterson and Candice Arnold Alan: Another aspect – and this may be more personal to me than it is to Springboard as an organization – is that one of the other major challenges for angel organizations is communicating with entrepreneurs. When you see as many deals as we do here –

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Seed Capital From Angel Investors: Alan Rossiter, Vice Chairman, Springboard Capital (Part 4)

By guest authors Irina Patterson and Candice Arnold Irina: You mentioned AngelSoft. How do you use AngelSoft? Alan: Very sparingly. We’ll probably cease using it at the end of this year. We’re not particularly fans of proprietary software. We deal with a tremendous amount of confidential information. We use it because a lot of the

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Seed Capital From Angel Investors: Alan Rossiter, Vice Chairman, Springboard Capital (Part 3)

By guest authors Irina Patterson and Candice Arnold Irina: Could you talk a little bit about venture firms in Florida? Alan: For the venture firms that work in Florida, that invest in Florida, that means they may be domiciled in the state, but there are also others such as Intersouth,  Aurora, and Noro-Moseley that are

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Seed Capital From Angel Investors: Alan Rossiter, Vice Chairman, Springboard Capital (Part 2)

By guest authors Irina Patterson and Candice Arnold Irina: Those angels, are they all based in and around Jacksonville? Alan: Generally so. I say generally because there are some outliers. We’ve got some people from Savannah, we’ve got some people in Tampa and that area, but generally, in the first two funds that we built

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Seed Capital From Angel Investors: Alan Rossiter, Vice Chairman, Springboard Capital (Part 1)

By guest authors Irina Patterson and Candice Arnold This is the thirteenth interview in our series on financing for entrepreneurs. I am talking to Alan Rossiter, vice chairman of Springboard Capital, an early-stage private equity fund in Jacksonville, Florida. Irina: Hi, Alan. Could you please start with your own background? Alan: In the recent past,

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Seed Capital From Angel Investors: Mike Maples, Founder And Managing Partner, Floodgate (Part 15)

By guest authors Irina Patterson and Candice Arnold Irina: What do you think the most important thing that angel-backed founders could do to increase their chances of success? Mike: I would say do customer development in parallel with product development.

Seed Capital From Angel Investors: Mike Maples, Founder And Managing Partner, Floodgate (Part 14)

By guest authors Irina Patterson and Candice Arnold Irina: Do any of those have a particularly interesting story? Mike: I guess a couple of them. This is why I like to joke about people who think they know everything. So, Twitter, I actually invested in the prior company, Odeo, which is a podcasting company. And

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Seed Capital From Angel Investors: Mike Maples, Founder And Managing Partner, Floodgate (Part 13)

By guest authors Irina Patterson and Candice Arnold Irina: Do you think about exit strategy at all when you’re investing? Mike: Not really. We think, Who might buy this company someday? Could it be public someday? But the thing that we’ve learned is that exit’s going to be so far away that what you believe

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