By guest authors Irina Patterson and Candice Arnold Brian: We’ve shared a lot of our interesting deals with the super angel or micro cap funds up in Silicon Valley and New York. We’ve been able to get them to co-invest with us on Southern California opportunities because I think they trust us and know that
By guest authors Irina Patterson and Candice Arnold This is the forty-second interview in our series on financing for entrepreneurs. I am talking to Chris Rivera, co-founder of WINGS, the Washington Medical Technology Angel Network. Based in Seattle, the group invests in medical devices, diagnostics and healthcare IT, primarily in the state of Washington and
By guest authors Irina Patterson and Candice Arnold This is the forty-first interview in our series on financing for entrepreneurs. I am talking to Brian Garrett, who co-founded with a partner Crosscut Ventures, a Los Angeles–based seed stage venture capital firm in 2008. They invest purely in digital media, such as social, mobile, gaming, infrastructure,
By guest authors Irina Patterson and Candice Arnold Irina: What do you think entrepreneurs could do to increase their chances of success? Michael: One is be incredibly honest and open about everything, both good and bad. You need to establish rapport. After the investment, that’s not the end. That’s the beginning. Typically, a company’s going
By guest authors Irina Patterson and Candice Arnold Irina: Do you co-invest with other angel groups? Michael: Yes. We’re very open to sharing deal flow with others as well as co-investing with other angel groups, with other individuals, even along with venture firms. Irina: With the syndication, what size rounds do you usually participate in?
By guest authors Irina Patterson and Candice Arnold Irina: You were talking about alternative energy. Do you have special expertise and connections in the space? Michael: We have lots of connections in the space, in both industry and academia. But a lot of it is really because my other partners and I – this is
By guest authors Irina Patterson and Candice Arnold Irina: What do you usually allocate for interns to do? Michael: It depends on the timing of the work. A lot of it is helping out with the screening of companies. Some of the stuff is helping with logistics at our meetings. Also, some of it is
By guest authors Irina Patterson and Candice Arnold Irina: Can you tell us a little more about your VentureLab? Michael: That’s a separate organization. That’s an organization where we’re directly hired by companies to do a variety of services. It’s like any investment bank or professional services company. We’re working with a company and taking