Last week Shotput Ventures announced they had decided to "blow up" their summer program and turn it into more of an ongoing application process. This week David Cummings provided a little more insight into the why of the change. Both Sanjay Parekh and David cited an underlying cause for the change that did not surprise […]
Continue reading →Now that the landmark national health care legislation is heading to the desk of President Obama let’s turn our attention to a less controversial topic to the readers of FoG. Encouraging angels investors to invest in early stage, innovative, wealth-creating businesses. Georgia House Bill 1001 is the Angel Investor Tax Credit Bill. It essentially grants […]
Continue reading →As TechDrawl reported over the weekend, A Small Orange's web hosting business has been acquired by Brent Oxley, the founder of Host Gator. A Small Orange founder Tim Dorr is retaining his design business A Small Orange Web Design. Terms of the deal were not disclosed, but Tim went out plopped down a reservation on […]
Continue reading →Twitpay has been acquired by an investment group led by Ashish Bahl. Ashish, a financial services industry veteran, understands the power of the Twitpay concept. Twitpay will be honing in on the RT2Give portion of its Retweet Suite. RT2Give is Twitpay’s proprietary fund raising solution for non-profit organizations. RT2Give enables non-profits to leverage social networking […]
Continue reading →I was recently copied on an email exchange that took place between an entrepreneur and an investor. It was brought to my attention that you have included my name and bio in your company materials as an advisor to your company. Both you and I know that I am not advisor to your company. We […]
Continue reading →Jason Calacanis is stirring up trouble again. He has started a war against angel investment groups that charge startups to pitch. Calls it “low-class, inappropriate and predatory.” Pretty strong words. It’s amazing that Jason just discovered this practice. But I agree with him. Not the low-class, predatory part. The part that startups should not have […]
Continue reading →I was nosing around the Internet looking for a Shotput Ventures term sheet tonight. Doing a little diligence if you will. While not officially associated with Shotput in any way I went and presented over the summer, went to demo day, and am talking to a few of their companies about various things that might […]
Continue reading →Yesterday was Shotput’s inaugural demo day. Shotput is one of many Y Combinator style startup accelerator programs. David Cummings and the entire Shotput team worked very hard to select the best capital light Internet startups they could find and coach them over the course of the summer. Eight companies presented at the Technology Square Research […]
Continue reading →I opened my eyes this morning to the simple thought that technology entrepreneurs and startup investors are wired to move at two very different speeds. Entrepreneurs want to move fast, decide, get things done, move on to the next challenge on their road to glory, then rinse and repeat. Investors want to move a bit […]
Continue reading →Know Massey of the Atlanta Technology Angels pointed me to a great article in The New York Times about angel investors and how to pitch them. Toward the end there is a simple summary. It is from an entrepreneur named Ted Ray currently going down the angel path. Have a product on the market. Do […]
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