Angel Investing Archive

First Angel Network

By Frank | Filed in Angel Investing, Photos

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Ross Finlay, Angela Franklin and Brian Lowe

A week in Eastern Canada includes meetings in Moncton, NB and tonight in Halifax, NS.

I’ve enjoyed coaching a couple of entrepreneurs and appreciate the trust my hosts have shown. In an hour I’ll speak about my Moscow musings and share some portfolio diversification theories.

At first light I’ll be on my bike pedaling south along the coast for a long weekend. Will miss all my new friends here in Halifax, but I’ll be back for the NACO Annual Summit. Save the date and join me: Oct 24-26.

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It’s a 4 hour time difference with Los Angeles; I forgot. So when I said I’d meet First Angel Network’s Ross Finlay for breakfast at 7:30am I hadn’t realized that would feel like 3:30am for me. But a friendly face early in the morning is a benefit in itself as I begin a 8-day visit to Halifax, Nova Scotia.

We’re traveling to a FAN meeting in Moncton, New Brunswick tomorrow then a repeat session here in Halifax on Thursday. Each night I’ll speak about my recent travels to Moscow. In the meantime I’ll rent a bicycle for a week starting at noon today and when I’m not at an angel meeting I’ll be touring the gorgeous Nova Scotia coastline by bike.

Ross and I talked of many things this morning and I was surprised to hear him say that NACO past-President W. Daniel Mothersill died on Friday, of a heart attack.

We told stories of Dan; how Ross and I were both in Madrid at EBAN’s Annual Congress — Dan was on a panel discussion I was moderating and he brought a technique I’ve used many times since: to stand. The idea being that by having the panelists stand, versus sit in comfy chairs, we’d be more interactive, better able to interrupt each other, and that the audience would appreciate this more dynamic presentation. I remember the day itself; we didn’t go on until late in the afternoon and it had been a day of long speeches by Madrid politicians. We sparked up the whole room with whatever topic we were covering, and according to Dan and fellow panelist Permjot Valia, we rescued the conference.

Of course, Dan was a guest on the Show here and when I return I’ll dust off that interview and republish it.

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It’s Day 2 of the EBAN Congress in Moscow and, like the previous interviews, I’m trolling for likely interview subjects before the sessions get started. This is the Russian Wrap Up as I conclude with two final interviews.

Nino Vianello

He started in international tax planning; Nino Vianello is an angel investor in the Hague, Netherlands, but not a member of an angel group.

He’s patient; concerns about the euro appear almost daily in the Netherlands press. “I don’t see myself investing until next year.”

Bernd Litzka

Bernd Litzka of Austria Wirtschatsservice in Vienna

Bernd Litzka is part of a very active angel group in Vienna, the Austria Wirschaftsservice. In just the past few years they’ve added 7% women members.

His 160-member group likes all the usual types of investments, like clean tech and life science, but when he mentions machinery I recall Luis Villalobos’ humor as he called that “rust bucket technology”. Bernd isn’t phased a bit as he replies to this taunt.

Show #376 Stream, flash player or iTunes

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Bob Chaworth-Musters on due diligence

I almost didn’t make it to the 5th annual NW Regional Angel Conference hosted by the Alliance of Angels in Seattle; I caught just the 2nd day of the session.

It was well attended and the content was excellent. AoA Chairman Dan Rosen summarizes the conference on his blog.

It was a gorgeous day in Seattle

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More Moscow

By Frank | Filed in Angel Investing, Annual Summit, EBAN

Soraya Gadit and Kaushal Chokshi

There are two time choices for catching the bus from the hotel to the conference. I don’t stop to think about why there are two times, I just get on the early bus so as not to miss anything. I could’ve slept in, but sleep is hard to come by after traveling through 11 time zones. I’m not the only early bird, many of us are nibbling on sweets and drinking coffee while EBAN holds their elections. It seems to be taking longer than expected and as I mentioned earlier, many of us look a little groggy here on Day 2 of the 12th Annual EBAN Congress in Moscow. It’s a perfect time for capturing a few interviews.

Meet Inocrowd’s Soraya Gadit and Scaale’s Kaushal Chokshi.

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Kaushal Chokshi, Manny Liu and Jordan Green on Moscow's Old Arbat Street

Bill Payne shared data on pre-money valuations

EBAN's new President Paulo Andrez

Walking home after the conference

Show #375 Stream, flash player or iTunes

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Baris Tavilogullari

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Day 1 of the EBAN Congress is a whirlwind. I moderate a panel discussion on Crowdfunding with Peter Braun, Karsten Wenzlaff and Korstiann Zanvilet. I invite Bill Payne to attend and ask some good questions; he does and it’s a lively session. Later, on the Moscow River cruise, I am Master of Ceremonies for the Awards Dinner. The big award for Business Angel of the Year goes to Paris Business Angels’ Phillipe Gluntz. Between passing out the awards I crack wise with “How Angel Investing is Like Sex” while hoping not to offend my Russian hosts too much.

So Tuesday I’m tired, but so is everyone else. These events, like their US and Canadian counterparts, are over-stimulating — there are so many old friends to connect with and many new ones, too. I bring my microphone on Day 2 hoping to catch some good subjects.

I start with Baris Tavilogullari of LinksAngel, a new group that’s part of the Business Angels Association of Turkey.

Show #374 Stream, flash player or iTunes

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