Dan Mindus
All Dan Mindus’ angel group members are under 40. Is this age discrimination, or is he on to something?
It turns out his NextGen Angels has become a unique fit in the Washington D.C. fabric of early-stage investing groups.
I met Dan as we prepared for a panel discussion at the ACA Annual Summit in San Francisco last month. Before we prepped I was concerned that such a small panel couldn’t cover 45 minutes of due diligence discussion. I was mistaken; Dan could more than satisfactorily hold his own sitting next to ACA Chair David Verrill.
Dan and his NextGen Angels might be focused on youth and hot deals, but he brings a surprising amount of experience to the group – he worked with John May and his group for the prior 5 years. I ask him,
Was setting the age limit the only way to keep John May out?
Apparently not.
So why did he organize around age? And what benefits does a more youthful group bring to the party? Surely, the benefits of a little gray hair would more than make up for whatever drawbacks we old-timers have…
As you might guess, there’s a lot more to the story than just the age of the investors.
Show #411 Stream, flash player or iTunes
