Angel Investing: How Big and Disruptive? [Podcast]
On October 24, 2014, Lou Kerner’s The Disruptive Technologies Speaker Series hosted three thought leaders on the current state and future direction of Angel Investing: Gil Penchina Largest Syndicate on AngelList Jon Medved Founder & CEO, OurCrowd Brian Cohen Chairman, New York Angels Like every other industry, venture capital is ripe for massive disruption. An Angel has been described as “an investor who provides financial backing for small startups or entrepreneurs, usually found among an entrepreneur’s family and friends”. That definition is now outdated, driven by the rise of platforms like AngelList, OurCrowd, and SeedInvest; and the increasing scale of groups like the New York Angels and Tech Coast Angels. And Angel Investing is no longer just for seed rounds. Life360, a mobile app for staying connected with family members, is raising $500k of a $50M Series C on AngleList, where the leading syndicators (like Gil Penchina) are “backed” by over 500 investors that can combine for over $4M in any one deal. The OurCrowd platform has raised over $65M for 50 companies the past two years, including $3.3M for ReWalk. The last...
Read More