Boston: Startups At Work

Boston RocksWhen I think of Boston as a start-up community I am reminded of the beer commercial – though in this case, it might be “tastes great, less hype.” There is an absolute hive of activity going on here – great start-ups, great schools, vibrant investor ecosystem, incubators and accelerators of every kind, and events on a nearly 24×7 basis. But it is not a showy town. Entrepreneurs just try to get after it with an under-promise and over-deliver attitude, and that is what I love about the city.

Not long ago I was interviewed for a documentary on the thriving Boston start-up ecosystem. The idea for the film came about when local entrepreneur and part-time film-maker Warren Anderson heard I had a random busy day in which I ended up scheduled to speak at four completely unrelated entrepreneurship and start-up-oriented events in a single day. It was nuts. So he asked to follow along and see what shook out. It was fun to be part of making a film and I am definitely proud to be part of any project that gets the word out about Boston. Enjoy:

Angels Among Us

Angels Among Us

[Update: Here is a superb deck by Jeff Bussgang on what makes the Boston start-up scene so special as well as a great post he wrote on Boston’s Unicorns (big companies founded here).]

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If you enjoyed this post, you might enjoy: Some Perspective on SEC Rule 506 General SolicitationFunding Startups (Panel Video)Swimming Against the Tide (Angel Investing)Nailing The One Minute PitchHow Do You Define Success?Start-Up Marketing SeriesConstructing a PitchWhy Angels Chase ElectronsBoards vs. Advisory BoardsDelusional EconomicsThat Vision ThingThe Power of An Advisory BoardLoch Ness, Unicorns & The First-Mover AdvantageDoes This Slide Deck Make Me Look Fat?,  The Long Road to Instant SuccessTop Angel Investors in New EnglandAngel Video Interview Series,  Thoughts on CrowdfundingEntrepreneur at Work: Caine’s Arcade,  The Crowdfunding Interview (Frank Peters Show), Getting Off The Ground; Early Formation EconomicsPitch Clinic at MassChallenge (Video)Are Entrepreneurs Wild Risk-Takers?Top 20 Dos & Don’ts with Angel Groups & Early Stage FinancingWhat I Look For In An EntrepreneurThe OverturePick Your Founder/Co-Investors Carefully & Reflections on the Nature of EntrepreneursShould I Wait For A Technical Co-Founder?.   
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Funding Startups (Panel Video)

TCN LogoA few days ago I did a panel for The Capital Network called Just About Everything You Need to Know about Funding Your Startup: The Accelerated Version. That title’s an exaggeration, but, still, it was a good discussion.  Kent Bennett from Bessemer Venture Partners and Ben Sprecher now from Google were my fellow panelists. William Perkins from Bingham moderated. You can watch it below. [Email readers click here].


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If you enjoyed this post, you might enjoy: Swimming Against the Tide (Angel Investing)Nailing The One Minute PitchStart-Up Marketing SeriesCustomer Crowdfunding: Not So Fast Entrepreneurs (Again!)Constructing a PitchPick Your Angel Investors Wisely (David Hornik)Why Angels Chase ElectronsBoards vs. Advisory BoardsInterview: State of the VC & Angel Market and How to Raise Money, Delusional EconomicsThat Vision ThingThe Power of An Advisory BoardLoch Ness, Unicorns & The First-Mover AdvantageDoes This Slide Deck Make Me Look Fat?,  The Long Road to Instant SuccessTop Angel Investors in New EnglandLaunchpad Overview – Angel Video Interview SeriesCustomer Crowdfunding: Not So Fast, EntrepreneursAngel Video Interview Series,  Thoughts on CrowdfundingThe Crowdfunding Interview (Frank Peters Show), Getting Off The Ground; Early Formation EconomicsPitch Clinic at MassChallenge (Video)Top 20 Dos & Don’ts with Angel Groups & Early Stage FinancingWhat I Look For In An EntrepreneurThe OvertureOpen Forum with Angel, Seed and VC Investors (Video)20 Bootstrapping Ideas
Subscribe – To get an automatic feed of all future posts subscribe to the RSS feed here, or to receive them via email enter your address in the box in the upper right or go here and enter your email address in the box in the upper right. You can also follow me on Twitter @cmirabile and on Google+.

 

 

John Huston – Angel Video Interview Series

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[This post is part of an on-going series of video interviews with members of the start-up community – see a list of links to the full series here.]

John Huston is an institution in the angel investing world. He is a self-described former banker who flunked retirement and set out to find an angel group to join. Finding none, he went on to found Ohio Techangels, which has grown to become the largest angel group in North America. It has an interesting structure whereby each member contributes just $25K to a fund of 100 people and the State of Ohio matches that $2.5M with $2.5M of its own (read that and weep, residents of other states…) Members are free to invest additional dollars alongside the fund, and in fact that is where most of the capital in any given investment comes from.

In total, between the funds and the members’ side investments, the Ohio Techangels has put over $20 million into 36 Ohio-based companies. Four of the companies have exited to large publicly traded companies, yielding what the fund claimes is a 58 percent average return for investors. And as is expected with early stage investing, seven other exits were failures.

John is widely quoted and hailed as a driving force for economic development. He speaks frequently and eloquently on the topic of investors serving as directors of early-stage companies, and he is a charming rascal livening up any Angel Capital Association event. We talked in April 2013 in San Francisco. Here’s what he had to say. (Email subscribers, click here for the video).

Comments, questions or reactions to this post? Leave a note below and I will respond to your questions.

If you enjoyed this post, you might enjoy: Angel Video Interview SeriesThe Long Road to Instant SuccessThoughts on Crowdfunding,  The Crowdfunding Interview (Frank Peters Show), Pattern Matching Can Cause BlindspotsGetting Off The Ground; Early Formation EconomicsPitch Clinic at MassChallenge (Video)Why Angels Chase ElectronsBoards vs. Advisory BoardsDelusional EconomicsTen Rules For Navigating in The Age of OutrageThat Vision ThingThe Power of An Advisory BoardLoch Ness, Unicorns & The First-Mover AdvantageAre Entrepreneurs Wild Risk-Takers?Top 20 Dos & Don’ts with Angel Groups & Early Stage FinancingWhat I Look For In An EntrepreneurThe OvertureDo The Right ThingOpen Forum with Angel, Seed and VC Investors (Video)Should I Wait For A Technical Co-Founder?, and 20 Bootstrapping Ideas.
Subscribe – To get an automatic feed of all future posts subscribe to the RSS feed here, or to receive them via email enter your address in the box in the upper right or go here and enter your email address in the box in the upper right. You can also follow me on Twitter @cmirabile and on Google+.

Dave McClure – Angel Video Interview Series

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[This post is part of an on-going series of video interviews with members of the start-up community – see a list of links to the full series here.]

If you have seen Dave McClure do any public speaking, you have been in a room of people at least mildly shocked by what he had to say. Dave is nothing if not colorful in terms of how he expresses himself, both in person and in writing. I always get a kick out of watching him do his stuff, so it was a natural priority to add him to the Angel Video Interview Series.

Dave is a very well-known super-angel and the founder and general parter of 500 Startups, an internet seed fund and accelerator based in Mountain View, California. He’s an engineer and a marketer, working in both roles at PayPal, and has personally invested in 60-70 companies on his own, including some big name companies: Mint, SlideShare, Twilio, Bit.ly, and Jambool. Through 500 Startups, he has done almost another 500 or so more.

Dave spent some time running the seed activities at Founders Fund and running the Facebook Fund fbFund. In recent years Dave has turned his focus to the international market announcing 500 Startups expansion into Mexico and India. For a globe trotting venture captialist, he is a pretty fun, hilarious and down-to-earth guy. We talked in April 2013 in San Francisco. Here’s what he had to say. (Email subscribers, click here for the video).

Comments, questions or reactions to this post? Leave a note below and I will respond to your questions.

If you enjoyed this post, you might enjoy: Angel Video Interview SeriesThe Long Road to Instant SuccessThoughts on Crowdfunding,  The Crowdfunding Interview (Frank Peters Show), Pattern Matching Can Cause BlindspotsGetting Off The Ground; Early Formation EconomicsPitch Clinic at MassChallenge (Video)Why Angels Chase ElectronsBoards vs. Advisory BoardsDelusional EconomicsTen Rules For Navigating in The Age of OutrageThat Vision ThingThe Power of An Advisory BoardLoch Ness, Unicorns & The First-Mover AdvantageAre Entrepreneurs Wild Risk-Takers?Top 20 Dos & Don’ts with Angel Groups & Early Stage FinancingWhat I Look For In An EntrepreneurThe OvertureDo The Right ThingOpen Forum with Angel, Seed and VC Investors (Video)Should I Wait For A Technical Co-Founder?, and 20 Bootstrapping Ideas.
Subscribe – To get an automatic feed of all future posts subscribe to the RSS feed here, or to receive them via email enter your address in the box in the upper right or go here and enter your email address in the box in the upper right. You can also follow me on Twitter @cmirabile and on Google+.

Naval Ravikant – Angel Video Interview Series

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[This post is part of an on-going series of video interviews with members of the start-up community – see a list of links to the full series here.]

I caught up with Naval Ravikant in San Francisco recently and took the opportunity to add a clip of him to the Angel Video Interview Series.  Naval is an entrepreneur and angel investor, a co-author of Venture Hacks, and a co-Founder of AngelList.  Prior to AngelList, he co-founded Genoa Corp (which was acquired by Finisar), Epinions.com (which became public via Shopping.com), and Vast.com (which is a large white-label classifieds service). He’s advised an ton of companies and made more than a few good angel investments including Twitter, FourSquare, Stack Overflow and Disqus.

Although people in the organized angel world sometimes despair at [Read more…]

Constructing a Pitch

Pitch Clinic

I’ve been meaning to post this video of a pitching clinic I gave at MassChallenge 2012. For the diehard viewer, my talk is followed by a panel discussion critiquing a couple live pitches.  The first 30 minutes or so capture what I think are the key concepts in constructing an early stage fund-raising pitch.  Enjoy. [Read more…]

Maia Heymann – Angel Video Interview Series

[This post is part of an on-going series of video interviews with members of the start-up community – see a list of links to the full series here.]

Auditor, commercial banker, venture lender, investment banker, private equity investor, venture capitalist, angel investor. If it relates to evaluating the prospects of a business, Maia Heymann has done it. Maia has an absolutely staggering amount of experience for someone still at the midpoint of an average person’s career. She’s a delightful person to speak with and a fount of wisdom. So when we got together for a cup of coffee this week week, I knew I had to capture lightning in a bottle and add her to the video interview series. This conversation was recorded in October 2012. (Email subscribers, click here for video.)

Comments, questions or reactions to this post? Leave a note below and I will respond to your questions.

If you enjoyed this post, you might enjoy: Angel Video Interview SeriesThe Long Road to Instant SuccessThoughts on Crowdfunding,  The Crowdfunding Interview (Frank Peters Show), Pattern Matching Can Cause BlindspotsGetting Off The Ground; Early Formation EconomicsPitch Clinic at MassChallenge (Video)Why Angels Chase ElectronsBoards vs. Advisory BoardsDelusional EconomicsTen Rules For Navigating in The Age of OutrageThat Vision ThingThe Power of An Advisory BoardLoch Ness, Unicorns & The First-Mover AdvantageAre Entrepreneurs Wild Risk-Takers?Top 20 Dos & Don’ts with Angel Groups & Early Stage FinancingWhat I Look For In An EntrepreneurThe OvertureDo The Right ThingOpen Forum with Angel, Seed and VC Investors (Video)Should I Wait For A Technical Co-Founder?, and 20 Bootstrapping Ideas.
Subscribe – To get an automatic feed of all future posts subscribe to the RSS feed here, or to receive them via email enter your address in the box in the upper right or go here and enter your email address in the box in the upper right. You can also follow me on Twitter @cmirabile and on Google+.

Launchpad Overview – Angel Video Interview Series

[This post is part of an on-going series of video interviews with members of the start-up community – see a list of links to the full series here.] This one is a bit off the usual beaten path.  I was asked to give an interview about Launchpad and US angel investing in general for an entrepreneurial course being taught to entrepreneurs from Latin America.  I figured I’d toss it into the Angel Video Interview Series.  Here’s an overview of Launchpad and some of my thoughts on current trends in the angel and start-up world.  Enjoy. [Read more…]

Joe Caruso – Angel Video Interview Series

[This post is part of an on-going series of video interviews with members of the start-up community – see a list of links to the full series here.]

A CEO turned professional board member, volunteer, organizer, angel investor, and most importantly, advocate for entrepreneurs, Joe Caruso is a fixture on the early stage scene in Boston. Always quick to compliment, and hesitant to criticize, Joe wears his passion for start-ups on his sleeve. He has been an angel since long before it was a commonplace thing to do, and has countless deals and board stints to his credit.  Despite all that Joe remains as enthusiastic, energetic, curious and approachable as ever. I consider him both a friend and a mentor. So when we got together for a bite of lunch last week, I figured it was high time to add him to the video interview series.trans.gif  [Read more…]

Martin Flusberg – Entrepreneur Video Interview Series

[This post is part of an on-going series of video interviews with members of the start-up community – see a list of links to the full series here.]

Martin Flusberg is a serial entrepreneur with a twist. Not only has he started several companies, he has also been an angel investor for several years as well. This gives him a great perspective on the challenges of getting a company off the ground, communicating with investors to get it financed, and helping it grow. I am a friend and admirer of Martin’s, and an investor in his current company, PowerHouse Dynamics. I am also a very enthusiastic user of the product – for a full discussion of using the PowerHouse Dynamics eMonitor with a net-zero solar system, see this post.) The other thing about Martin that people may not realize [Read more…]