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For Friday''s interview, we spoke with Terry Kay ithe new Chairman of the PasadenaAngels (www.pasadenaangels.com) on the group, and its relevance in the technology funding world today. First off, for those not familiar with the PasadenaAngels, talk about the group? What does that mean to entrepreneurs?
Los Angeles-based Atlas Powered , a developer of software for managing calendar, task, and contact data on iOS and Android, has raised $700,000 in a funding round, the firm said today. The investment in Atlas Powered by the TCA was led by Yuri Pikover.
For our Insights and Opinions section today, we're sharing a piece from Joe Platnick , a member of the PasadenaAngels, who addresses the issue of those--ahem--as le angels. Are they respectful of entrepreneurs. Tags: platnick insights opinions pasadenaangel investor.
The PasadenaAngels have redesigned our site with a new focus on Entrepreneurs and LA Basin tech resources. We started by surveying a group of local entrepreneurs and our own members to find out what they wanted in a site. There are links to great community resources like Innovate Pasadena and others.
For our Insights and Opinions section today, Steve Reich , an angel investor and advisor, gives his take on the subject in his editorial, The Odd Couple: Angels and Accelerators. At a recent accelerator event on the West Side, a friendly young founder told me that he had been coached by his mentor not to talk to Angel groups.
Los Angeles-based GetAtlas has launched its mobile apps for iOS and Android into beta this week, looking to make it easier for users to track and schedule their appointments and calendar.
Bob Aholt is a successful tech entrepreneur, prolific Angel investor, and "investment screener" for the PasadenaAngels. I asked Bob to come and share with the group how Angels decide what startups they are going to write a check for and which ones they are not. Less than 1 0.000000e+00ven get close.
Southern California already has mature, well established angel groups like the PasadenaAngels and the Tech Coast Angels; is there room for one more? Will a little competition be good for entrepreneurs? Is Maverick part of the evolution of angel investing? Just how are they unique? I do ask that question.
2014 PasadenaAngels Performance. • 20 New Angels joined. I have never seen such energy at the PasadenaAngels in my decade+ as a member. Dan Dato, Ronen Olshansky, and the CC team will definitely add to the buzz in the Pasadena Tech community. 17 Deals closed, 10 new and 7 follow-on rounds. •
Thursday, January 20, 2011 -- Los Angeles County Technology Week. Panels include: Social Media; The PasadenaAngels An Investor Panels Evaluation of Five Technology Companies; The Impact of Portable Tablets and Apps on Business; Learn Technology Trade Secrets from Top Entrepreneurs: and much more. See [link] (more)
What's the best way to connect with an angel investor, and how do you get them to pay attention to your company? Steve Reich , a Southern California entrepreneur and investor, says it's all about one thing: respecting their culture. If you want to succeed, learn how to connect with your Angel audience.
Investors agree that the single most important factor for a company's success is the entrepreneur. Join PasadenaAngels Chairman, Chris Wadden, at this special evening where he will talk about various methodologies that investors use to evaluate entrepreneurs.
In this morning's Insights & Opinions section, where we feature insights from local thought leaders, entrepreneurs, venture capitalists, angel investors, and others, we have an article from Joe Platnick of the PasadenaAngels , talks about getting a quick "yes or no" from angel investors. READ MORE>>.
The Los Angeles Venture Association (LAVA), which supports local startups and emerging-growth companies, has named entrepreneur Kimberly Kovacs as the group's new President, according to the group.
OnGreen.com is seeking green tech start-ups to exhibit at Demo Day III on February 15, 2010, in Los Angeles, California OnGreen.com is a LA based start-up building a global cleantech community of entrepreneurs, investors, academic institutions, government industries, and business and technical experts. See [link] (more)
One of the biggest questions we get from entrepreneurs is if they should be having to pay to present to angel groups. Joe Platnick , a member of the PasadenaAngels , talks about whether fees are ever appropriate to present to an angel investors group.
Before that, I worked at the PasadenaAngels, the angel investment group. Talk about your background and what you'd done before this? John Delacruz: This is my second company. My first company, was Journalfire, published on academic publishing. What do people find is the most useful part of your service?
For our Insights and Opinions section today, we have an article from Joe Platnick of the PasadenaAngels , who delves into some of the criteria for selecting an angel group. 8. Are they respectful of entrepreneurs. 9. Do they help entrepreneurs, regardless of whether or not they invest. 7. Advice.
Bitvore is based in Irvine, and is backed by serial entrepreneur Yuri Pikover, as well as other angels. entrepreneur startup interview processing query intelligence indexed index unstructured structured extraction text search source data electronic bitvore street wall curie jeff' There was not a lot of work involved.
Most of the board was from the Tech Coast Angels and PasadenaAngels, and while they are good people--and frankly, from their point of view--it made sense not to nurse it along in their portfolio when a company isn't going to make it. The company was facing a straight shutdown, where it would just be sold for its assets.
Yapert raised a funding round a few weeks ago from the Tech Coast Angels, Desert Angeles, and PasadenaAngels for its mobile apps, which consolidates news and information about your favorite interests. I''ve both been an entrepreneur, as well as the head of the division of a public company.
Check it out on their site at: Innovate Pasadena. Many PasadenaAngels will join the events, and I’ll be judging apps at the Hackathon. Angel Investing Entrepreneurs Incubators and Accelerators Innovate Pasadena mobile apps PasadenaAngels' See you there!
Mark asked Kevin Scanlon, Chairman of the PasadenaAngels, to critique his student’s draft business pitches, and I joined the two of them. Mark Lieberman, of BTC fame and a Regional Economic Development Manager for LA County, team teaches a prototype Entrepreneurship class there.
A group of 20 or so local entrepreneurs gathered at Jones’ coffee to meet, share stories, and talk over new ventures. This is another good step toward pulling together the tech community in the greater Pasadena area. Ted Tekippe, CEO of Doublebeam joined us, as did Kevin Scanlon, Chairman of the PasadenaAngels.
In a nutshell, new SEC rules will REQUIRE entrepreneurs to register with the SEC BEFORE approaching investors. Angel Investing EntrepreneursPasadenaAngels Raising Captial' Overwrought headline? New SEC regs will destroy your ability to raise capital. So the solution is to cripple capital formation for startups?
You can get tickets while they last by joining the Innovate Pasadena group on LinkedIn. The PasadenaAngels will be there, in addition to representatives of CalTech, the City of Pasadena, IdeaLab, and more. Angel Investing Entrepreneurs Innovate Pasadena' Don’t miss it!
The Pasadena Innovation Council, led by Wilson, has brought together the City of Pasadena, CalTech, the Art Center School of Design, the PasadenaAngels, and area business leaders and entrepreneurs to support the growth of the Greater Pasadena Area as a tech center.
Atlas Powered has raised $700k from Tech Coast Angels, Maverick Angels, PasadenaAngels, Angel Capital Entrepreneur Fund, LaunchpadLA, and Clark Landry. . · YieldMetrics has already raised $1.7
At a recent accelerator event on the West Side, a friendly young founder told me that he had been coached by his mentor not to talk to Angel groups. As a PasadenaAngel, I wanted to be shocked, but I wasn’t. The Angel funding process can be arduous. The entrepreneurs in startups are trained to go fast and run lean.
The one group of investors you can count on to support you in a crisis are your Angels, and I saw two examples over the Holidays. Even in a crisis, Angels typically rally around their companies, rather than using the maximum leverage to drive harder deal terms.
This experience led me to ask some questions: Does every angel investment have to be a home run? For entrepreneurs? DuWayne Peterson, founding chairman of the PasadenaAngels, told me we should be targeting companies that needed modest capital to hit a 3-5x outcome. Angel Investing pasadenaangels'
Originally funded by the PasadenaAngels , the Company is now backed by “A” list VCs, and growing phenomenally, with tens of thousands of customers. MindBodyOnline is a terrifically succesful SaaS company, based in San Luis Obispo, that provides scheduling and transactional software for Yoga studios, hair salons, and spas.
Personally, I've been an entrepreneur for 15 years, running companies with P and L responsibility for divisions, and watched with frustration as the Internet has grown up around us. When we thought we had the right mix, we went to look for angel capital, and raised $1.3M What's the idea behind Zubican? COM, and Vivendi Universal.
was launched with nearly $2mm in Angel funding from the PasadenaAngels and Tech Coast Angels. We had an advocate in each Angel group who aggressively lead the effort. Someone has to do the heavy lifting of advocating, organizing, and building enthusiasm about your company within their Angel group.
The reality is that many successful companies have more than 20 angels in the cap table. MindBody (MB on Nasdaq), just went public with a $500mm market cap, and they had a significant number of PasadenaAngel as investors. The key to managing your Angels? A strong lead and experienced Angels help, as Mr. Suster noted.
Last week, Pasadena-based Ocular Data Systems (www.oculardatasystems.com) announced a funding round from the PasadenaAngels, for its camera-based systems used by law enforcement to capture evidence in drunk or drugged driving cases. Finally, for other entrepreneurs reading this, what's your biggest advice to them?
Panels were based at hubs including Leadership, Branding / Advertising, Social Media, Entrepreneurs, Community and more. RT @OEInnovation #SBF why I live in #LA: intersection of #beach #tech #entrepreneur #entertainment. & Thanks to all of my old & new friends for making it so rich with optimism, expertise, & wisdom.
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