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Encourage the most successful LA tech entrepreneurs who had previously started companies to get involved as mentors, instructors or just informal advisors. We did a founder “eHarmony&# where I matched the CEO’s with their chosen mentors and each one mapped to a one VC. How’d we do?
To give visibility to these companies to: Sources of funding (angels / VCs), business development partners, mentors who have themselves built successful companies, the press and potential employees to hire. One senior mentor to Launchpad LA recently said, “I got more out of Launchpad LA than I even put in. Ranker - Raises $1.3
The reason I was brought in, was because one of my board members, Tim Draper, who was a board member at my first company, encouraged me along with some of the other partners at Epic to come and spend a year there. David Carter: I think the biggest thing startups need to do is find mentors that they can trust and learn from.
Each mentor spoke for nearly an hour to the entire group, answered questions, and sat with each company for one-on-one mentoring. Troy’s appreciation extends to his early forays into venture capital, where he learned the ropes under the guidance of mentors like Ron Conway, Shervin Pershivar, and Bill Maris.
He introduced me to Wavemaker, also in LA, and also Halogen Ventures, which is led by Jessie Draper, which invests in women-run technology companies. He and I connected, and walked through PartySlate and what we were doing, and he immediately said he wanted to invest and become an advisor to the company.
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