4 ms·

I've done a series of angel investments, but was most active 99-01. Performance would probably put me in top decile v.c. for that time. Had two liquidity event

I've done a series of angel investments, but was most active 99-01. Performance would probably put me in top decile v.c. for that time. Had two liquidity events in last 2 years from advisory shares. Expecting an IPO in next year. Most famous startup I passed on: Paypal, back when they were doing palmpilot stuff. ;) Most famous startup I invested in: Napster, which went bankrupt Best return: Giganet, acquired quickly by Emulex. Haven't heard of it? Could there be a connection? ;) Present day: In the process of closing an angel round for my own new startup, mainly from friends I've known for a while who've built and sold off companies, plus a small number of friend of friends.

joshu 16y ago
> Paypal Ouch. I know the feeling. Doesn't Emulex make connectors? I would like to see some liquidity someday myself. What's the startup? We overlapped - I was at BofA Securities. My boss went on to Epoch Capital and then Schwab.
- adrianscott 16y ago
  >> Paypal >Ouch. I know the feeling. ;) Yah, I also could have been in on Salesforce.com and a recent flip to MSFT if I'd pushed a little harder... >Doesn't Emulex make connectors? Wow, I haven't looked at Emulex in so many years. That was at beginning of the decade... >I would like to see some liquidity someday myself. It'll come... it's funny that period between deal announcement and closing and liquidity, particularly w/ restricted stock and such. And also the ones that have taken 10 years to become liquid ;)... > What's the startup? Fosdev, I'll drop you a note. > We overlapped - I was at BofA Securities. My boss went on to Epoch Capital and then Schwab. Hehe, cool, I was helping Schwab Inst. first, then BofA Global Markets Group.