My colleague and friend Jeb Spencer recently wrote a piece for Xconomy about angel investors looking for “Unicorns,” those rare early stage companies with valuations—justified or not—of $1 billion or more. He wondered if angels are flying too close to the sun by misunderstanding their chances of success and failing to do their homework on … Continue reading “I Believe in Angels”
Author: Jeff Draa
Jeff Draa is a senior executive with experience in technology equipment, enterprise-level software, Web-based e-commerce strategies, and venture funding. He is currently the chief strategy officer and a board member at Peachjar, an early stage software-as-a-service company, and the vice president of operations at Controltec, a software firm providing financial management tools to states and municipalities. He also is president-elect of the San Diego chapter of the Tech Coast Angels, the largest angel investment organization in the United States, and a board member at Connect and the John G. Watson Foundation. He lives with his family in San Diego, California.
Why Angels Should Keep Their Distance from Crowdfunding in 2014
There’s certainly been a lot of uncertainty in the angel and venture capital arenas over the past decade, and understandably so. Add to that, the lure of crowdfunding—a nearly $3 billion business in 2012—and it’s led some angel groups to consider if there is a role for individual investors in crowdfunding their deals. My advice … Continue reading “Why Angels Should Keep Their Distance from Crowdfunding in 2014”