NYC VC 2017

Be Happy

On a daily basis, I am inspired by blogs from the likes of Fred Wilson (AVC) and Brad Feld (Feld Thoughts) who consistently publish insightful and educational pieces for entrepreneurs, investors, and anyone who wants to better understand early stage investing and current technology trends.

From this inspiration, I’ve committed to be a more prolific writer in 2017 and beyond.

This morning, I was talking to a long time friend, advisor, and co-founder of Everplans, Adam Seifer about the ever changing landscape of early stage investing.

Specifically, we were discussing how NYC was become a more competitive market, with many of the micro-VCs now writing bigger checks ($500k-$1M) leaving less room for other firms and angels to participate in the seed round.    Most of the micro-VCs have well defined investment thesis’ and thus look to take a big position in early stage companies that fit their profile.

View original post 155 more words

NYC VC 2017

Welcoming Nisa Amoils

Be Happy

I am very pleased to formally announce that we’ve added Nisa Amoils to the Scout family as our newest Venture Partner. Nisa is an experienced attorney, media executive, and noted tech investor in the New York community. She has spent many years at companies pursuing entrepreneurial projects, including Time Warner and NBC Universal. She is also a regular judge/panelist on CNBC, MSNBC and Fox and a mentor at XRC Labs, Grand Central Tech and The Vinetta Project. Nisa’s background demonstrates the entrepreneurial and investing ethos that we admire and strive for at Scout.

Over the past six months, we’ve been working very closely with Nisa around expanding our efforts in frontier tech. She has proven to be incredibly insightful and her deep domain expertise in digital media, marketplaces and frontier tech make her the perfect addition to the team. Nisa will be leading our efforts investing in drones, AI, and…

View original post 45 more words

Welcoming Nisa Amoils

Olapic Acquired

Be Happy

Today, a company where I was the first investor was acquired.

http://www.businesswire.com/news/home/20160721005362/en/Monotype-Announces-Intent-Acquire-Olapic

What makes this so special is that these are just some of the most amazing guys I’ve had the opportunity to work with – ever.

And Olapic, like many start-ups, had several pivots before they found their product – market fit.   And it was the personalities and determination of these intelligent and happy founders that attracted an amazing group of advisors, mentors and investors.

I couldn’t  be more proud.  This is why I do what I do.

Congrats to Pau, Jose and Luis – you deserve everything!

View original post

Olapic Acquired

How to actually make America great again

Be Happy

I original drafted this post prior to the incidents in St. Louis, Louisiana and Dallas that rocked our nation last week…

As I reflect on this 4th of July celebration, I am overwhelmed with the realization that as a “people,” we have lost touch with the ingredients that actually made this an amazing country.  The country I have loved from my earliest days.  The country I swore an oath to defend against all enemies foreign and domestic.  The country that is supposed to be the land of the free and the home of the brave, America, where anything is possible.

Well, I think its fair to say that we’ve totally screwed that up and if we don’t fix it now, we are likely to experience continued civil unrest, increased violence and turmoil until we implode.

At the root of our current troubles is the fact that most of Americans forget that we were all once immigrants (except Native American…

View original post 1,384 more words

How to actually make America great again

Good day

Be Happy

The other day was a rough day.

One of our companies failed to find a buyer and let all their employees go.

Over dinner my dear friend Joey Hundert provided support and counsel while reminding me that as entrepreneurs our lives are full of peaks and dips.

He assured me it’s okay to be genuine in the emotions we feel when companies fail. And I was sad and disappointed.

Then yesterday I was reminded of the emotions when companies succeed.

And that is being proud of our entrepreneurs

View original post 47 more words

Good day

The Dreaded Call

Be Happy

Last night I called one of my favorite entrepreneurs.

And about ten seconds into the call, I could hear him crying.

At that point, I knew the Company we had invested in, that had pivoted with hopes of rising like a phoenix from the ashes, was actually much more likely to crash and burn.

Although we had spent the last six months trying to recapitalize and refocus the business after losing the co-founder, it became clear it wasn’t going to work.   It was now time to switch from being an investor to being his friend.

Money comes and goes, but the relationships with my entrepreneurs should last a lifetime.

So I immediately realized what he really needed was support, not beratement. He already felt horrible for failing and losing people’s money.

And I am a VC. We expect to lose money trying to innovate and build great companies.

Thus, we…

View original post 254 more words

The Dreaded Call