4 ms·

Moot’s Investors Revealed: Andreessen, Conway, Dixon, Schachter and Lerer

20 points by aditya 16y ago

joshu 16y ago
woot.
- mdg 16y ago
  no its moot
- aditya 16y ago
  I'd ask you to tell us more about what Canv.as is going to be, however I'm worried that if you do someone will probably quote you out of context and make a story around it...
- apu 16y ago
  How do you find the time to do all of these angel deals while working full-time (presumably) at Google? Can you give a rough estimate of the amount of time/effort that goes into investing?
  - joshu 16y ago
    i let other people lead the deals. it's not like i'm negotiating terms or anything. i meet a few times, i try to get a sense of the team (i have a bunch of specific things i am looking for) and a sense for the idea. so, it's not a lot of time up front. and i don't spend a lot of time bothering them after i've invested - i'm available as requested. i still have plenty of time for xbox. i'm tempted to write more about how/why/etc to angel but i'm not very successful, so i feel like i shouldn't talk yet.
    - sachinag 16y ago
      On the contrary! We need more new angels. Your perspective would be most valuable. I always thought that new angels start as followers, then become leaders. Is this your path, or are you happy being a follower for the forseeable future? I have a million questions like this for someone lucky enough to have the money to invest and the credibility for great deal flow.
      - joshu 16y ago
        I don't know. Saying "no" is hard. I think it's a fun hobby but I can't do it full time. Here you go: http://news.ycombinator.com/item?id=1356140 http://news.ycombinator.com/item?id=1356140
        apu 16y ago
        Thanks!
thesyndicate 16y ago
Ron Conway uses the "copypasta" angel investment strategy, as anon would say.
milkshakes 16y ago
And they're hiring.
- pyre 16y ago
  Where do you see that?
  - milkshakes 16y ago
    they've been quietly recruiting college engineers
davidu 16y ago
This is not a complete list of the investors as I understand it... I heard from someone else that they were also an investor and they are not listed in this list of names.
- joshu 16y ago
  I'm pretty sure it is. I'm the "someone else" if you heard it on hn.
  - davidu 16y ago
    Nope, this person told me to my face... and we would all know his name (which is why I'm not naming him.) Unless this person was just telling me Moot was pitching them, and not that they had invested, which is entirely possible (that I misheard him).
    - deleted 16y ago
      [deleted]
      - deleted 16y ago
        [deleted]
    - pyre 16y ago
      According to: http://www.crunchbase.com/company/canvas-networks http://www.crunchbase.com/company/canvas-networks there are 5/10 investors 'unattributed.' According to the SEC filing there are 6 investors. TechCrunch just revealed 5 investors, so it seems like there is the possibility of somewhere between 1 and 5 unknown investors out there. Unless I'm reading the information wrong (which is more than likely).
      - joshu 16y ago
        I've seen the paperwork. Crunchbase has a lot of incorrect data. Lots of funds write more than one check representing different subfunds. Often institutional investors and the vcs themselves are in different funds. All the investors aside from me are funds (I am the only actual angel.)
deleted 16y ago
[deleted]
thunk 16y ago
Fuck. Yeah. This makes me really happy.
ABrandt 16y ago
Poole will be sitting on the Digital Crowds Into Dollars panel along with Judy Hu, Global Executive Director Advertising & Branding, GE; Brian Pokorny, CEO, dailybooth; and Andrey Ternovskiy, CEO, Chatroulette. Just curious if anyone could tell me why Andrey Ternovskiy would be sitting on a panel about (presumably) monetizing traffic. Chatroulette gained a lot of attention, but does he actually have any credentials to talk about revenue?

20 points by aditya 16y ago

joshu 16y ago

woot.

mdg 16y ago
no its moot
aditya 16y ago
I'd ask you to tell us more about what Canv.as is going to be, however I'm worried that if you do someone will probably quote you out of context and make a story around it...
apu 16y ago
How do you find the time to do all of these angel deals while working full-time (presumably) at Google? Can you give a rough estimate of the amount of time/effort that goes into investing?
- joshu 16y ago
  i let other people lead the deals. it's not like i'm negotiating terms or anything. i meet a few times, i try to get a sense of the team (i have a bunch of specific things i am looking for) and a sense for the idea. so, it's not a lot of time up front. and i don't spend a lot of time bothering them after i've invested - i'm available as requested. i still have plenty of time for xbox. i'm tempted to write more about how/why/etc to angel but i'm not very successful, so i feel like i shouldn't talk yet.
  - sachinag 16y ago
    On the contrary! We need more new angels. Your perspective would be most valuable. I always thought that new angels start as followers, then become leaders. Is this your path, or are you happy being a follower for the forseeable future? I have a million questions like this for someone lucky enough to have the money to invest and the credibility for great deal flow.
    - joshu 16y ago
      I don't know. Saying "no" is hard. I think it's a fun hobby but I can't do it full time. Here you go: http://news.ycombinator.com/item?id=1356140 http://news.ycombinator.com/item?id=1356140
      - apu 16y ago
        Thanks!

thesyndicate 16y ago

Ron Conway uses the "copypasta" angel investment strategy, as anon would say.

milkshakes 16y ago

And they're hiring.

pyre 16y ago
Where do you see that?
- milkshakes 16y ago
  they've been quietly recruiting college engineers

davidu 16y ago

This is not a complete list of the investors as I understand it... I heard from someone else that they were also an investor and they are not listed in this list of names.

joshu 16y ago
I'm pretty sure it is. I'm the "someone else" if you heard it on hn.
- davidu 16y ago
  Nope, this person told me to my face... and we would all know his name (which is why I'm not naming him.) Unless this person was just telling me Moot was pitching them, and not that they had invested, which is entirely possible (that I misheard him).
  - deleted 16y ago
    [deleted]
    - deleted 16y ago
      [deleted]
  - pyre 16y ago
    According to: http://www.crunchbase.com/company/canvas-networks http://www.crunchbase.com/company/canvas-networks there are 5/10 investors 'unattributed.' According to the SEC filing there are 6 investors. TechCrunch just revealed 5 investors, so it seems like there is the possibility of somewhere between 1 and 5 unknown investors out there. Unless I'm reading the information wrong (which is more than likely).
    - joshu 16y ago
      I've seen the paperwork. Crunchbase has a lot of incorrect data. Lots of funds write more than one check representing different subfunds. Often institutional investors and the vcs themselves are in different funds. All the investors aside from me are funds (I am the only actual angel.)

deleted 16y ago

[deleted]

thunk 16y ago

Fuck. Yeah. This makes me really happy.

ABrandt 16y ago

Poole will be sitting on the Digital Crowds Into Dollars panel along with Judy Hu, Global Executive Director Advertising & Branding, GE; Brian Pokorny, CEO, dailybooth; and Andrey Ternovskiy, CEO, Chatroulette. Just curious if anyone could tell me why Andrey Ternovskiy would be sitting on a panel about (presumably) monetizing traffic. Chatroulette gained a lot of attention, but does he actually have any credentials to talk about revenue?