Podcasts about Angel Capital Association

How do small businesses and entrepreneurs thrive when global policies and economic shifts threaten stability? This episode of The Angel Next Door Podcast explores that question with Congressman Gabe Amo of Rhode Island, whose life story as the son of West African immigrants and career in both state and federal government uniquely position him to address these challenges.Congressman Amo shares his journey from growing up in Rhode Island's vibrant immigrant and entrepreneurial community to his current work in Congress advocating for small business interests. He discusses the realities faced by local businesses, the impacts of tariffs and policy uncertainty, and the ongoing debates around tax reform and innovation incentives.Tune in for thoughtful insights on the intersection of government, entrepreneurship, and economic growth. Congressman Amo's perspective and actionable advice make this episode a must-listen for anyone passionate about supporting small businesses and driving innovation in ever-changing times. To get the latest from Congressman Amo, you can follow him below!https://amo.house.gov/https://www.linkedin.com/in/gabeamo/ Sign up for Marcia's newsletter to receive tips and the latest on Angel Investing!Website: www.marciadawood.comLearn more about the documentary Show Her the Money: www.showherthemoneymovie.comAnd don't forget to follow us wherever you are!Apple Podcasts: https://pod.link/1586445642.appleSpotify: https://pod.link/1586445642.spotifyLinkedIn: https://www.linkedin.com/company/angel-next-door-podcast/Instagram: https://www.instagram.com/theangelnextdoorpodcast/TikTok: https://www.tiktok.com/@marciadawood

What truly sets successful entrepreneurs apart from the rest? Is it creativity, resilience, or perhaps a unique blend of traits that allows them to thrive in the unpredictable world of startups? In this compelling episode of The Angel Next Door podcast, host Marcia Dawood dives into these questions with guest Greg Moran, a seasoned entrepreneur and venture capitalist with a deep-rooted passion for identifying and nurturing innovative founders.Greg Moran is a serial entrepreneur turned investor, having successfully built and sold multiple technology companies, particularly in the HR tech space. After selling his last company right as the world was bracing for a global pandemic in 2020, he transitioned into venture capital. Co-founding Evergreen Mountain Equity Partners, a fund focused on early-stage tech investments, Greg uses his vast experience to support and guide the next generation of "find a way founders" who possess grit, determination, and resilience.During the episode, Greg shares insights from his forthcoming book, "The Adaptive Innovator," which explores the archetype of successful entrepreneurs based on extensive research. He elaborates on the four key pillars of the adaptive innovator model—creative resilience, humble assertiveness, balanced risk-taking, and strategic accountability. This conversation is not only a treasure trove of wisdom for budding entrepreneurs, but also a practical guide for investors aiming to evaluate the potential of founders in a rapidly evolving tech landscape. If you're interested in understanding the personal qualities that drive entrepreneurial success or looking for investment insights in today's AI-driven world, this episode is a must-listen. To get the latest from Greg Moran, you can follow him below!https://www.linkedin.com/in/gregmoran/https://www.thefounderscollective.com/ Sign up for Marcia's newsletter to receive tips and the latest on Angel Investing!Website: www.marciadawood.comLearn more about the documentary Show Her the Money: www.showherthemoneymovie.comAnd don't forget to follow us wherever you are!Apple Podcasts: https://pod.link/1586445642.appleSpotify: https://pod.link/1586445642.spotifyLinkedIn: https://www.linkedin.com/company/angel-next-door-podcast/Instagram: https://www.instagram.com/theangelnextdoorpodcast/TikTok: https://www.tiktok.com/@marciadawood

What drives economic growth? In this engaging episode of The Angel Next Door Podcast, we explore the crucial role of angel investors in supporting entrepreneurs—the creative minds behind groundbreaking innovations and thriving businesses.  Host Marcia Dawood is joined by two esteemed guests: Pat Gouhin, CEO of the Angel Capital Association (ACA), and Kristina Montague, incoming ACA Chair (July 2025). Together, they break down the mission of ACA and its charitable arm, the Angel Investor Foundation (AIF), showcasing how angel investors provide financial backing and invaluable mentorship to entrepreneurs.  Listeners will gain a deeper understanding of the nonprofit structure supporting angel investing, the significance of expanding the angel investor network, and AIF's efforts to increase representation among women and underserved founders. Whether you're considering becoming an angel investor or simply curious about the world of early-stage funding, this episode is packed with insights on how angel investing fuels innovation and economic prosperity.  This special episode is part of Podcasthon 2025, the world's largest podcast charity initiative! From March 15 to 21, 2025, Podcasthon will bring together 1,500+ podcasts from around the world to raise awareness for charitable causes, building on the momentum of previous years.  Tune in for an inspiring conversation about the power of angel investing in shaping the future! To get the latest from Pat Gouhin and Kristina Montague, you can follow them below!https://www.linkedin.com/in/patgouhin/https://www.linkedin.com/in/kristina-montague-7b1a942a/ Sign up for Marcia's newsletter to receive tips and the latest on Angel Investing!Website: www.marciadawood.comLearn more about the documentary Show Her the Money: www.showherthemoneymovie.comAnd don't forget to follow us wherever you are!Apple Podcasts: https://pod.link/1586445642.appleSpotify: https://pod.link/1586445642.spotifyLinkedIn: https://www.linkedin.com/company/angel-next-door-podcast/Instagram: https://www.instagram.com/theangelnextdoorpodcast/TikTok: https://www.tiktok.com/@marciadawood

Allison Byers is a trailblazer in the realm of equitable capital distribution. As the founder of Scroobious, her tech company is quickly driving innovation by removing barriers to partnership among diverse founders, investors, and service providers through scalable online education, community, and data-driven curation. Before founding Scroobious, she spearheaded a medical device startup, securing nearly $10M in funding before its acquisition, and encountered firsthand the gender bias prevalent in fundraising. With over 20 years of experience in startup and tech roles, Allison stands as a seasoned entrepreneur and a catalyst for change having co-authored California Senate Bill 54, signed into law, which requires venture funds to report diversity metrics. She is actively championing initiatives in other states including MA Senate Bill 978 and NY Senate Bill A09786. Beyond her entrepreneurial pursuits, she serves as an angel investor, Boston Co-Chair of the national non-profit All Raise, Executive in Residence at Merck Digital Sciences Studio, DEI task force member of the Angel Capital Association, and is a sought-after startup mentor and dynamic speaker. Key Takeaways: 01:17 The Vision of Equitable Access to Capital 07:08 The Stark Reality of Funding Disparities 10:47 Reframing Inequity as Opportunity 17:28 The Insanity of Expecting Change Without Action 22:43 Building Scalable Solutions Through Technology 32:13 Empowering Entrepreneurs to Forge Their Own Paths 33:00 Collaboration as the Key to Success Quote of the Show: 10:47 “Holy cow, what a business opportunity. Almost 100% of Black founders and 98% of women aren't being funded by venture capital.” Podcast Information Want PR that actually matters? Get 30 minutes of expert advice in a fast-paced, zero-nonsense session from Karla Jo Helms, a veteran Crisis PR and Anti-PR Strategist who knows how to tell your story in the best possible light and get the exposure you need to disrupt your industry. Click here to book your call: https://info.jotopr.com/free-anti-pr-eval Ways to connect with Allison Byers: LinkedIn: https://www.linkedin.com/in/allison-byers/ Company Website: https://www.scroobious.com/ How to get more Disruption/Interruption: Amazon Music - https://music.amazon.com/podcasts/eccda84d-4d5b-4c52-ba54-7fd8af3cbe87/disruption-interruption Apple Podcast - https://podcasts.apple.com/us/podcast/disruption-interruption/id1581985755 Spotify - https://open.spotify.com/show/6yGSwcSp8J354awJkCmJlDSee omnystudio.com/listener for privacy information.

I'm not a financial advisor; Superpowers for Good should not be considered investment advice. Seek counsel before making investment decisions.Watch the show on television by downloading the e360tv channel app to your Roku, AppleTV or AmazonFireTV. You can also see it on YouTube.When you purchase an item, launch a campaign or create an investment account after clicking a link here, we may earn a fee. Engage to support our work.Has your business been impacted by the recent fires? Apply now for a chance to receive one of 10 free tickets to SuperCrowdLA on May 2nd and 3rd and gain the tools to rebuild and grow!Devin: What is your superpower?Marcia: Resourcefulness and decisiveness.Angel investing has long been seen as an exclusive domain reserved for the wealthy. Marcia Dawood, an experienced investor and advocate for small business capital formation, is on a mission to change that perception. In today's episode, she shared how equity crowdfunding has made it possible for anyone to invest in startups and drive meaningful change.Marcia has been an angel investor for over a decade and served as chair of the Angel Capital Association. She now sits on the Securities and Exchange Commission's Small Business Capital Formation Advisory Committee, working to ensure small businesses have a voice in regulatory decisions.During our conversation, she reflected on the transformative power of equity crowdfunding. "Back in 2016, when the SEC changed the rules, it became possible for anyone to invest in startups for as little as $50," she said. "But not enough people know about it. The potential for impact is enormous."Marcia's journey into angel investing began with a simple invitation to an investor meeting. At first, she assumed it was a world reserved for the rich and well-connected. But as she listened to entrepreneurs share their visions for changing the world, she realized she could be part of it. “I thought, ‘Where have I been?' I had no idea this was happening,” she recalled. “I started to see how powerful investing could be as a force for good.”Today, Marcia is committed to making investing more inclusive. She highlights that platforms like Republic, WeFunder, and StartEngine have made startup investing transparent and accessible. "Everything is disclosed on the platform—CEOs can't have side conversations with select investors. That levels the playing field," she explained.One of her biggest concerns is the lack of funding for women-led startups. "Women make up about half the population, but they receive just two to three percent of venture funding. That has to change," she emphasized. By encouraging more people—especially women—to invest, Marcia believes equity crowdfunding can reshape the entrepreneurial landscape.For those hesitant to take the leap into impact investing, her advice is simple: start by observing. "Take your time, look around, and learn. See which companies align with your values. Then, when you're ready, take that first step."Marcia's message is clear: investing isn't just about financial returns—it's about fueling innovation and creating a better world. By lowering barriers to entry, equity crowdfunding is opening the doors for everyone to be part of that change.tl;dr:* Marcia Dawood discusses how equity crowdfunding is expanding access to capital for underrepresented founders and everyday investors.* She shares her journey into angel investing and how it has become a powerful tool for impact.* Marcia highlights the importance of transparency and accessibility in platforms like Republic, WeFunder, and StartEngine.* She explains the need for more investment in women-led startups and the potential for crowdfunding to bridge the gap.* Marcia identifies decisiveness and resourcefulness as her superpowers, offering actionable tips for making better decisions and solving problems efficiently.How to Develop Decisiveness and Resourcefulness As a SuperpowerMarcia Dawood has honed two superpowers that have propelled her success: decisiveness and resourcefulness. "I've had people tell me that if they were in a crisis, they'd want to stand next to me," she said in today's episode. Whether in angel investing, business, or personal life, she has built a reputation for making quick, confident decisions and creatively solving problems.One of the most powerful examples of her decisiveness came during the pandemic. She shared the story of JoyLux, a startup whose CEO immediately pivoted when faced with financial uncertainty. Instead of waiting for conditions to improve, the company quickly adjusted its strategy, engaged investors, and ensured financial stability. "That kind of decisiveness can be the difference between survival and failure," Marcia explained.For those looking to develop decisiveness, Marcia offers practical advice:* Identify the Core Decision – Clarify what needs to be decided and focus on key factors.* Seek Input, but Don't Overanalyze – Consult trusted sources, but avoid analysis paralysis.* Take Ownership – Make a choice and commit to it, rather than second-guessing.* Learn from Decisions – Reflect on past choices to improve future decision-making.* Act with Confidence – Recognize that no decision is perfect, but moving forward is better than inaction.By following Marcia's example and advice, you can make decisiveness and resourcefulness a skill. With practice and effort, you could make them a superpower that enables you to do more good in the world.Remember, however, that research into success suggests that building on your own superpowers is more important than creating new ones or overcoming weaknesses. You do you!Guest ProfileMarcia Dawood (she/her):Advisor on the Small Business Capital Formation Committee - Vice Chair, TEDx Speaker, Podcast Host, Author, Associate Producer, Helping people learn to Do Good while Doing Well, U.S. Securities and Exchange CommissionAbout U.S. Securities and Exchange Commission: The SEC Small Business Capital Formation Advisory Committee was established by the SEC Small Business Advocate Act of 2016, and is designed to provide a formal mechanism for the Commission to receive advice and recommendations on Commission rules, regulations and policy matters relating to small businesses, including smaller public companies. The Committee meets quarterly, and all meetings are open to the public.Website: marciadawood.com sec.govX/Twitter Handle: @SECGovCompany Facebook Page: fb.com/SECgovInstagram Handle: @secgovBiographical Information:Marcia Dawood is an early-stage investor, author, and advocate for diverse entrepreneurs. She serves on the SEC's Small Business Capital Formation Advisory Committee and is a venture partner at Mindshift Capital. As chair emeritus of the Angel Capital Association, she champions angel investing to drive innovation. Marcia hosts The Angel Next Door podcast and co-produced the award-winning documentary Show Her the Money. Her book, Do Good While Doing Well, empowers investors to create impact. With over 50 early-stage investments, she is committed to building thriving companies that drive positive change. Marcia lives in North Carolina with her family.Personal Facebook Profile: fb.com/marcia.dawoodLinkedin: linkedin.com/in/marciadawoodSupport Our SponsorsOur generous sponsors make our work possible, serving impact investors, social entrepreneurs, community builders and diverse founders. Today's advertisers include FundingHope, Ecotone Renewables, SuperCrowdLA and Crowdfunding Made Simple. Learn more about advertising with us here.Max-Impact MembersThe following Max-Impact Members provide valuable financial support:Carol Fineagan, Independent Consultant | Lory Moore, Lory Moore Law | Marcia Brinton, High Desert Gear | Paul Lovejoy, Stakeholder Enterprise | Pearl Wright, Global Changemaker | Ralf Mandt, Next Pitch | Scott Thorpe, Philanthropist | Add Your Name HereUpcoming SuperCrowd Event CalendarIf a location is not noted, the events below are virtual.* Impact Cherub Club Meeting hosted by The Super Crowd, Inc., a public benefit corporation, on February 18, 2024, at 1:00 PM Eastern. Each month, the Club meets to review new offerings for investment consideration and to conduct due diligence on previously screened deals. To join the Impact Cherub Club, become an Impact Member of the SuperCrowd.* SuperCrowdHour, February 19, 2025, at 1:00 PM Eastern. Devin Thorpe will be leading a session on "Calculating Your Funding Needs," providing essential guidance for entrepreneurs and impact-driven businesses to determine the right amount to raise for sustainable growth. Whether you're preparing for your first crowdfunding campaign or planning to scale, this is a must-attend! Don't miss it!* Superpowers for Good Live Pitch for Q1-25, March 12, 2025, at 8:00 PM ET. The application window for the 1st quarter live pitch event is now open. Apply here.* SuperCrowdLA: we're going to be live in Santa Monica, California, May 1-3. Plan to join us for a major, in-person event focused on scaling impact. Sponsored by Digital Niche Agency, ProActive Real Estate and others. This will be a can't-miss event. Has your business been impacted by the recent fires? Apply now for a chance to receive one of 10 free tickets to SuperCrowdLA on May 2nd and 3rd and gain the tools to rebuild and grow!Community Event Calendar* Successful Funding with Karl Dakin, Tuesdays at 10:00 AM ET - Click on Events* Kingscrowd Meet Up in Seattle, WA - February 13th at 5:00 PM PT* Kingscrowd Meet Up in Salt Lake City, UT - February 17th at 4:30 PM MT* Kingscrowd Meet Up in Los Angeles, CA - February 19th at 5:00 PM PT* Kingscrowd Meet Up in West Hartford, CT - February 24th at 5:30 PM ET* Capital Raise Strategies for Purpose Driven Enterprises, hosted by PathLight Law, February 25 at 1:00 PM ET.* Kingscrowd Meet UP in San Francisco, CA - February 27th at 5:30 PM PT* Igniting Community Capital to Build Outdoor Recreation Communities, Crowdfund Better, Thursdays, March 20 & 27, April 3 & 10, 2025, at 1:00 PM ET.* NC3 Changing the Paradigm: Mobilizing Community Investment Funds, March 7, 2025* Asheville Neighborhood Economics, April 1-2, 2-25.* Regulated Investment Crowdfunding Summit 2025, Crowdfunding Professional Association, Washington DC, October 21-22, 2025.Call for community action:* Please show your support for a tax credit for investments made via Regulation Crowdfunding, benefitting both the investors and the small businesses that receive the investments. Learn more here.If you would like to submit an event for us to share with the 9,000+ changemakers, investors and entrepreneurs who are members of the SuperCrowd, click here.We use AI to help us write compelling recaps of each episode. Get full access to Superpowers for Good at www.superpowers4good.com/subscribe

On this episode of The Founder's Sandbox, Brenda speaks with Salvador Badillo Rios. Salvador is Founder and CEO of EquiTech Innovate, a strategic consulting and advisory firm aimed at helping underserved and overlooked founders bring innovative and disruptive technologies to market. He is also Senior Associate and Portfolio Manager at National Security Innovation Capital (NSIC), a component of the Defense Innovation Unit (DIU), aimed at accelerating early-stage dual-use deep tech startups toward commercialization At DIU and NSIC, Salvador supported 21 early-stage dual-use hardware startups across 12 states with ~$50M over three years leading to over $335M in total follow-on private capital (up to 20X funded amount at up to 11X prior to funding valuation). They speak about Sal's origin story; how despite being from a disadvantaged background, this has not deterred his purposefulness and positivity to make a difference particularly in underrepresented communities. Listen as Sal shares how he eventually settled on an engineering degree after choosing over music and English literature. What he does today as a senior portfolio manager in the DIU defense innovation unit's National security innovation capital is a long way from Rancho Cucamonga.  You can find out more about Sal at: Linked IN: https://www.linkedin.com/in/salvador-badillo-rios https://equitechinnovate.com/     Transcript: 00:04  Hi, I'm pleased to announce something very special to me, a new subscription-based service through Next Act Advisors that allows members exclusive access to personal industry insights and bespoke 00:32 corporate governance knowledge. This comes in the form of blogs, personal book recommendations, and early access to the founder's sandbox podcast episodes before they released to the public. If you want more white glove information on building your startup with information like what was in today's episode, sign up with the link in the show notes to enjoy being a special member of Next Act Advisors. 01:01 As a thank you to Founders Sandbox listeners, you can use code SANDBOX25 at checkout to enjoy 25% off your membership costs. Thank you. 01:19 Welcome back to the Founders Sandbox. I am Brenda McCabe, your host to this monthly podcast that reaches entrepreneurs and business owners who learn about building resilient, purpose-driven and scalable businesses with great corporate governance. Guests to this podcast are founders themselves, professional service providers, corporate board directors and investors. 01:47 who like me want to use the power of the enterprise, be it small, medium, and large, to create change for a better world. And I do storytelling with each one of my guests that starts with their origin story. And then we'll get into the contents of the podcast with each of my guests, and we touch upon topics around resilience, scalability, and purpose-driven. 02:15 initiatives or what drives the guest. So thank you for joining me. And I am absolutely delighted this month to have Salvador Badillo Rios, Sal, as my guest. So thank you for joining me, Sal. Thank you, Brenda. I'm very excited to be here. Excellent. So we met not too long ago. I am a member of Angel Capital Association and attended their national 02:44 Summit in Columbus, Ohio. And I'm from Columbus, Ohio. So I kind of killed two birds with one stone. And I was blown away. So I've been a member for three years. And this year they had for the first time a breakout session on deep tech and dual technologies. And Sal, you were one of the panel members. And I myself 03:11 love to work with deep tech companies. So we had a lot of synchronicities. And that's when I asked you to join me eventually here in the podcast. Yeah, yeah, no. Yeah, that's where we met. And I think it was an amazing opportunity to really connect with the angel community. I think oftentimes, you know, there's a lot of focus on VCs, but angels really drive that early start to these companies and to these technologies. And so 03:37 I wanted to make an effort to reach out to the angel community, educate, inform, you know, angels about deep tech and a lot of the DOD opportunities that there are for startups and potential collaborations and synergies. So yeah, I'm happy to have met you. So we're going to touch on a couple of those points because you do have a multifaceted career and background and diverse founder yourself of your own. 04:05 strategic consulting and advisory firm. So you are founder and CEO of Equitech Innovate. And it's really working towards serving underserved and overlooked founders that bring innovative and disruptive technologies to market. So kudos to you. That's amazing. Thank you. Thank you, yeah. And another hat you wear, and I don't know where you find the time in the day. Frankly. 04:33 And this was your speaking capacity when I met you earlier this year, your senior associate and portfolio manager at the national security innovation capital, a component of the defense innovation unit, DIU. So lots of acronyms in our department defense. So INSEC and DIU. And I was fascinated because that particular area, what you're involved in is it's accelerating early stage 05:02 dual use later on, you're going to tell us what dual use is. Yeah. Deep tech startups toward commercial commercialization. So, um, again, thank you, um, for joining me. We're going to talk about deep tech. We're going to get into also your own work that you're doing with, um, underserved founders. And I always like to have a title of our episodes. Um, and this one, I really think we're going to talk about scalable businesses. So what you're doing. 05:31 particularly with NSIC and the DIU is scaling, identifying early stage companies that truly have the promise of scaling. So scalable businesses. And you know, in a short period of time, you have scaled and then we'll get into the questions, but I was also very impressed with the focus of the work at the DIU and NSIC, you've used yourself have supported 21 early stage 06:00 dual use hardware, all right, not software, hardware startups across 12 states with over $50 million over the last three years. And that's led on to lead on it investments of 335 million of private capital and up to 20 times funded amount at up to 11 times prior to fund evaluation. Amazing, amazing, amazing. Thank you, yeah. All right. So can you... 06:30 describe for my, let's get into your origin story. Your PhD aerospace engineering, first generation Latino. LGBT, tell me what would be your tagline if anything. What I mean, this mashup of deep, tell me your origin story. How did you know what you're doing today? Yeah, thank you, yeah. 06:55 I mean, yeah, I mean, I was thinking through the tagline and I was like, well, I think maybe one could be, you know, life through punches, but I turned them into power and purpose. And so I think, you know, everyone, I'm sure has their own set of struggles, right? Everyone has dealt a different set of cards, right, in life. And it's really what you make of that, right? That really defines you. So for me, right, I grew up, 07:24 Here in Southern California. So I grew up in Rancho Cucamonga, about an hour East of LA without traffic. And so yeah, I grew up, my background is Mexican. So my parents are from Mexico. They met here and I'm the oldest of three. So I have two younger siblings. One is a year younger and then the youngest, seven years younger, but he has 07:53 down syndrome pretty severely. So I grew up in a disadvantaged background in a community where really I didn't know anyone that went to a four-year college, no one that went into any STEM field, right? And so, and my parents also, right, had never gone to college. So a lot of it was just learning and figuring things out along the way. 08:20 But I was lucky to have teachers that believed in me, that saw sort of something in me in school. And they would say, oh, yeah, you need to go to college. Or they would say, oh, you're good at math and science, things like that. And so they would reaffirm those things. But even once I got to high school, I really hadn't really planned for the future. I didn't really have thought about what major I wanted to go into or what college I wanted to go. 08:49 And so it was around being around other students that had thought about that a little bit better or had parents who were engineers or doctors that when they started asking me about it, I was like, oh, I don't know, but let me start thinking about it a little bit more. And so, yeah, so in my classroom, one of my teachers said, oh, the UC applications opened up. And so that's how I found out. 09:17 you know, that I should apply to college. There were several interests that I had, write music, English literature, and then STEM, right? And so I decided to go and try engineering and initially started with civil engineering, transitioned into mechanical and then added aerospace, just as, you know, being in college and taking different courses and being involved in different projects and clubs. 09:47 That's sort of how my interest kind of evolved. But even then, right, I didn't know about what a PhD was, or venture capital, or the field that I'm in now. So a lot of it has been a bit of a learning process. And I'm lucky to have had different organizations along the way geared towards underserved communities in STEM. 10:15 you know, PhD or things like that, that help create awareness for me about the different opportunities. My thing is you can't really go after something that you don't even know exists, right? So the more you're aware about different opportunities, the more you can sort of start to pave your path based on your own interests, so yeah. So you're a lifetime learner, although you're very young still. 10:41 Thank you for the interest in that. It's interesting because yesterday I was on a webinar with the National Association of Corporate Directors. It was about AI and workers, right? And interesting enough, the current generation, the largest generation that composes the workforce in the United States are Gen Xers. No, Gen Zers. 11:11 And the average retention, so the average period of time that they're in is 2.4 years. The next generation is the alpha, right? They're like 13, 14. They will have up to 17 careers, is what they're saying. And so the young, yes. You have so many opportunities. And again, I think people in your early 11:39 childhood, your neighborhood, your school, this professors that saw the, the, the ability for you with STEM related topics, they geared you those opportunities. So yeah, it's amazing the future of workforce and opportunities. So you yourself are going to get into in this podcast. Yeah. Some of that so you get out of college and what is your first gig? What'd you do? 12:08 Yeah, well, again, I went all the way to the PhD route. So one thing that was unique and what plugged me into DOD was, you know, going into my PhD, I had the opportunity to go to UCLA, but having a unique opportunity to work with the Department of Defense. And so whereas most students conduct research on campus, in my case, I had the opportunity to, after I take 12:37 a few of my, you know, some of my course requirements go to Edwards Air Force Research Lab, which is called the Rocket Lab, and really conduct research there. And so one, you get a lot more resources, right? Just because you're within DoD. And so you're able to really run, you know, and create projects and do these things that are at a higher level, right? This research is able to conduct at a higher level, and working on also 13:07 important problems to national security, you know, to the DOD that are more applicable than simply something that's just in a lab, right, that may be cool and interesting, but maybe there's not, you know, a huge focus on the application area. And so, yeah, I got to work alongside other military members and other researchers at DOD and really start to look things from a national security perspective. 13:34 And so how is certain technologies, whether more fundamental, more applied, how is that important to DOD and national security in general? As well as, you know, I got to see a lot of also the issues within traditional DOD and obstacles and sort of inefficiencies as well. And so it gave me sort of this unique perspective that 14:03 I would say most PhD students typically don't get, so I was very fortunate to have that. And so while being there, I also got interested in an entrepreneurship program. I was like, I wanted to get myself out of my comfort zone, out of the box and really interact with people from different backgrounds, not just from the STEM background. And... 14:28 And I loved it. I didn't know that I was going to love it. And I just decided to try it one day. And I just really loved speaking with customers. I got to be part of a student led startup. And so speaking to customers and that customer discovery phase, pitching to VCs, brainstorming with people from different backgrounds. I was like, this is where I want to be at. And so I thought I wanted to go into product development. 14:57 at a startup. And so that's what I was gearing towards. And so taking business courses online. And again, this is when the pandemic started to hit. So taking business courses online, learning more about emerging technologies like quantum and AI, that just interested me. And then DoD found me. And so they were like, okay, you have this unique 15:26 you know, technical background, background with DoD and some knowledge, right, regarding DoD and then interest in this startup and business, you know, business world. And so DoD was really starting, wanted to stand up and say National Security Innovation Capital, which, you know, focuses on early stage hardware technology. So as you may know, a lot of funding tends to go. 15:54 towards VC funding tends to go towards software and not enough towards hardware. And often hardware companies will resort to getting foreign capital, which at times may be considered adversarial and may compromise national security. And so DoD wanted to sort of get a hold of this a bit. And so stand up this program. And so, yeah, a few of my team members and I, we basically were hired on board to really stand up this program. 16:24 And this really involved developing the funding thesis, establishing the processes, eventually me running operations. Then because of my background, right? I got to do a lot more and help source these startups, evaluate these startups and help fund them and then support them. So I think naturally I just like wearing a lot of hats. It was very, it's been a very startup culture. 16:52 in a way just because we're a very small but mighty team. And so it's allowed me to do a lot as well as have a seat at the table and really sort of see things from that perspective. I love the that you were in the early stage of standing up the is it pronounced in sick. We usually refer it to as an insect. So what are 17:21 you know, these will be in the show notes, the we have a kind of infographic on NSIC. What are the I think there's seven key areas of investment within the DOD? Yeah. Yeah. So again, we're a component of the Defense Innovation Unit. And so 17:50 companies that are a little bit more mature that have some VC funding, that have commercial product. And the goal there is for them to find sort of the use cases and sort of pair those gaps with and look for specific solutions to address those gaps and transition that technology into DoD. 18:17 Again, we focus on the earlier stage, pre-seat to seat stage companies. And so, however, our technology areas are aligned with DIU's portfolios. So, you know, our technology areas are autonomy. And then sensors is weaved into that now. So advanced sensing would fall into autonomy. Energy technology. So this can involve energy storage. Advanced battery chemistries is a big thing under that one. 18:47 space technology. And so this is satellite stuff, as well as satellite communications, things like that. Telecommunications, so advanced communications technologies. And again, there's a lot of synergies with these different technologies. And then we have an emerging technologies area, which under that we've we've been edge computing hardware. 19:15 electronics, photonics, as well as hypersonics platforms. 19:25 Interesting. It's fascinating. Yeah. And then within that we have sort of funded as well companies that are in the sort of advanced manufacturing, advanced materials, but they usually align with one of the technology areas that I mentioned. 19:43 So for my listeners, I would absolutely love you to define deep tech and dual technologies, all right? Yeah. Because many, you know, I have quite a large audience now and it's a concept that we don't run into. You don't go to the grocery store and buy. Right, yeah. Yeah, I even had a friend, you know, just a close personal friend that is not in this field at all. 20:11 asked me about that too. So yeah, it's constantly educating, right, the audience, just because it is a crucial part of our society nowadays. So yeah, so I would say I would describe deep tech startups as sort of being distinguished by their intensive focus on sort of cutting edge technologies and scientific achievements. So they operate at the frontier of innovation. And so 20:40 I would say they're characterized by sort of novel solutions that are rooted in scientific breakthroughs or, you know, significant technological or scientific breakthroughs. And you know, I think where a lot of technologies, a lot of conventional startups leverage existing technologies to solve market needs, deep tech startups. 21:06 can often create entirely new markets or radically transform existing ones with their disruptive innovations. And so the reason I think there's probably a name for this set of technologies is because they also face unique challenges in commercializing their innovation. So one characteristic thing and challenge is long development cycles. 21:34 So, you know, they often require years, if not even decades, right, for research and development before you even have some viable prototype, right, that may become a product. High R&D costs, right, so, you know, very capital intensive, you know, and securing funding can be challenging, especially in the early stages for these sets of technologies that 22:01 are often unproven or the market potential is not quite fully understood. And so when it comes to going to market, it may be a little bit more challenging because it's not just a matter of finding product market fit, but it's also about educating potential customers about. 22:28 you know, educating the market right about your technology. Right. And the dual purpose? Yeah, so the dual use purpose really involves having both commercial and defense applications. So defense tech, you know, is sort of a focus on these DOD critical needs for national security to enhance military capabilities. 22:55 And so the dual use aspect means really developing a product or technology that can serve both, civilian and military purposes. And so I will say there are challenges with this though, just because the DOD aspect is mission focused, right? And so you have to worry about finding product mission fit in that sense. Whereas on the commercial side, you have to worry about finding 23:25 product market fit. And so, it can be competing at times, right? Where, the startups and VCs are naturally focused on revenue and increasing sort of their investment and DOD may be focused on the mission, right? And so, it's a matter of really finding where you can overlap both of those missions, right? To really make progress in society. 23:54 And then it's also as you're developing a technology, it's a matter of balancing as well, the different requirements and applications. So, yeah. So the startups that you have been involved with, have they come like a spin out as a technology transfer from a university or not? I mean, where did you? Yeah. 24:22 Where did these companies come from? Their original ideas. Yeah. Yeah, so a lot of the companies that we fund, some of the technologies have begun in a university research lab setting. However, they're usually a little bit further along before we see them and we fund them. So we have partnerships with different programs, including National Security Innovation Network, which is a part of DIU. 24:51 that really focuses more on really helping spin out these technologies out of a research setting and finding those DOD use cases. And again, we also look at companies from all over the US. So, our meetings are usually virtual, which makes it easy for companies to reach us. But yeah, they come from all sorts of settings, right? Some of them have spin out from the lab. 25:20 others from another company. But like I mentioned, by the time we see them and we fund them, they've already had some preliminary traction on the DOD side, whether that means some funding spoken to and, you know, DOD users to really develop the requirements, as well as some commercial preliminary traction, like obtaining letters of support and things like that. Yeah. 25:47 So about the time I met you, I'd also been working in deep tech. And I have heard that perhaps private investment VC money had been crowding out the traditional investment of Nandaluda funding that was under either the DOD or SBIR. 26:16 Right. And for like the last 20 years or so. And the Department of Defense, and actually under, I think it was the Obama administration, Ash Carter kind of flipped the model and said that we can actually do dilutive as well as non-dilutive funding in order to attract again, I don't know whether you're losing the game, but to really get back into the pipeline. 26:44 of potential new businesses and new technologies. Is that, and that's kind of what I've, you know, you perceive it. I also saw that SBIR grants, VCs were no longer allowed to participate probably about eight years ago. So what have your observations been on the public versus private investment in the strategic mission-driven 27:13 sectors is, is it true? What I'm saying is that I mean, there's no probably it's not black or white, right? So what is the transition between public and private investment in these strategic sectors evolve? Yeah, yeah. Yeah. So the way I would see it is, you know, a while back, there was really a lack of communication between sort of these public and private entities. 27:42 And so there wasn't much of a collaboration going on. And so, for example, with the establishment of DIU, the purpose was to really establish those public and private partnerships to really further innovation and especially deep tech innovation. And so that was just the first goal, right? Let's improve and establish these public and private partnerships and show that we can work together to fund companies. 28:11 that was a little bit rocky and figuring out, okay, how does that work and who does what? But I think over time, right, those relationships have really become established in some way and have been fortified. And now, DIU and NSIC and all these other DOD entities, we have strong relationships with different BCs and accelerators and other types of organizations. 28:41 they are aware of us and are interested in really knowing what our priorities are. And we are trying to always better communicate that to them. And we're going on funding companies together. So I would say that was sort of the first phase over time. Then, you know, I think you focused on, OK, let's let's let's see if we can if this model works, right? If we can fund companies. 29:10 using OTAs, for example, these prototype contracts, and helps to transition some of this technology into DoD. And I would say now where we're at is now we're really hyper-focused on the, you know, because we already proved we can do this, so now it's, okay, let's focus on the most impact for an urgent technologies to DoD, especially given 29:39 the current geopolitical climate. And so now we've sort of shifted into really a focus on these high impact, high, you know, at large scale and in high urgency technologies and startups. So it's a journey, right? It's an evolution. It's been a journey, yeah. And then on the hardware side, right, again, it's been a little bit different, but again, similar where, you know, there wasn't a lot of, I would say, 30:06 VC interests to really fund, especially hardware, early stage technologies. VCs were typically repelled by that, right, in some sense. And naturally so, right? But I think with standing up NSIC and these other organizations, there's been actually several VCs now in this pre-seed to seed stage, funding. 30:35 hardware companies. And so I would say now the hurdle is probably as we funded these companies, now they go on to series A, series B and now they need BCs at that stage, right? To really help them along and further their scaling, right? And so I would say more work is probably needed on that end now. Very exciting times. 31:05 Let's switch gears and let's go back to your consulting firm. Equitech innovate. Again, I don't know where you find the time, but I, you know, so can you showcase here what it is that you do in serving the underrepresented founders that are in these disruptive technologies? What was it that made you go out on your own? 31:32 Yeah, yeah, so just being in the deep tech space that I'm at, and, you know, dual use as well, you know, one thing that I started noticing, and it's something that I've noticed even from just my own background, right, in STEM, right, sort of one, a lack of diversity and representation, right, of, you know, different backgrounds, especially my backgrounds, right, whether it's 32:02 And so again, this is naturally found in a lot of the, deep tech spaces, right? Finding leadership and innovators in that space. And that, that's a whole nother conversation, right? But there's a lot of hurdles, just even for people getting to that space, right? And so naturally you find sort of a lack of talent there. 32:31 And then the other thing is, you know, once, you know, you have underserved communities in deep tech, right, then you have less of them that are aware or become deep tech founders, right? And so then once you are a deep tech founder, right, then you have these VC funding gaps, right, that you find, right, where 32:56 out of all the VC funding, 136 billion, only 1% goes to Black founders or even smaller to Latinx or Indigenous or to women. And especially being in the field that I am in, I would see very few, again, founders from understaffed communities even applying to our program. But then unfortunately, even those that did apply, sometimes the quality was just not up to par. 33:25 Okay. And so it does tear me a bit, you know, in the sense that, you know, I have compassion, but at the same time, there's a level of quality that we need to maintain and things like that. And that is because they often lack some of the resources and guidance, right? And so even to get to where they're at now has been such a huge feat. And so that's where I saw the opportunity 33:55 strategic consulting and advisory firm to really help underserved founders and give them a little bit more guidance and really help them get their technologies to market. Bringing in my DOD expertise, my deep tech expertise, and also in working with underserved communities throughout my career with different nonprofits and whatnot. All right. Yeah. 34:24 Yeah, being that person that looks like them, right? In the room, right? And you also have, you're a mentor for the Stanford Latino Business Action Network. And you're serving on the board of directors for Science is Elementary. And tell me, is that also part of kind of mission-driven? Speak to me a bit about those collaborations. Yeah, yeah, it is, yeah. So... 34:52 Again, just because I'm interested in helping underserved founders, you know, I must have gone, I think to an event at Stanford, and then that's how I got plugged in to that nonprofit organization. Okay. Yeah, so I became a mentor, that this was before starting Ecotech Innovate. And so again, that's where I also just got to focus on helping underserved founders and really guiding them, get them through that process. 35:22 And then in terms of the nonprofits that I'm a board of directors for, yeah, so one of them is Science is Elementary. And so that nonprofit, we focus on really providing inspiring, innovative, high quality science experiences to preschool and elementary school children from underserved communities. And. 35:48 you know, that involves, you know, teaching students, right, training teachers as well, to really build sustainable and quality sort of curriculum, and then engaging as well with different scientists and STEM professionals, and some of them may serve as role models and mentors and things like that. So again, I didn't have any sort of exposure to this. I wish I did when I was, you know, a young kid. But, you know, I think providing that 36:17 for the industry communities is very important because that's where it begins, right? Yes, but you get exposed to it. Yeah, you get exposed, so you learn about opportunities. And so you can dream to be a scientist or things like that. And also you get rid of those fears, right? That may intimidate you from going into STEM, right? Because now there's familiar. And then also it's important to know that 36:43 going to STEM doesn't necessarily mean you need to be a scientist, right? I've transitioned into this role, which is more business, right? But my science background, I'm able to leverage that and it's sort of a value add. So in the show notes, I would like to call out different ways by which my listeners can contact you. Can you speak to... 37:10 what you would like to have in the show notes? Is that your LinkedIn profile? Tell me a little bit about that. Yeah, so yeah, people can reach me on LinkedIn. I'm on there. Also, www.ancik.mil, you can find my LinkedIn there. And also, equi You can find my, you know. 37:37 LinkedIn information there as well as my email, salvador at equi Excellent. So that will be in the show notes as well as the infographic of NSIC. Thank you. So I am gonna move into the part of the podcast that I repeat with every single guest. I have my own consulting firm, NextAct Advisors, and I really work with 38:06 growth stage companies on being purpose driven, scalable and resilient. And I'd like to ask you, I guess, what does purpose driven mean to you? Yeah, I think to me, I've actually always been drawn to purpose driven work. And so for me, it's the so what, right? So there's a lot of cool things you can do, cool technologies. But to me, it's the why, right? And the so what behind it, that really 38:35 pushes me and motivates me to really do the work that I do because I know I'm making a difference in people's lives in one way or another, in a positive way. So whether it's through the nonprofits that I've been involved with, both at a volunteering level and then now on the board leadership or through NSIC and DIU, right? Helping the war fighter and helping with national security. 39:04 or now with my consulting firm and really focusing on helping underserved founders, I think that I'm just drawn to really purpose-driven work that creates a positive impact in people at scale, right? And maybe lead on to your next question, but that does it in a meaningful way. So that moves the needle. I love it. So you've chosen really in alignment with your own 39:33 Origin story. So scalable growth. What does that mean to you? And maybe wearing your INSEC hat or what was scalable? Yeah. So I think, you know, first in terms of like, you know, deep tech startups and going that route, the focus is first on finding product market fit and really getting there. But once you do, 40:02 I think scaling is really about growing, right? Growing not only your team, but expanding your product and really doing it in an impactful way. And I think along with that comes many challenges, right? That you have to make sure your manufacturing processes are in order and that can... 40:28 really accommodate for the volume and speed at which you need to do that. And so I think before scaling needs to come preparedness, right? Being prepared to grow before you do grow because one thing I find often is, you know, sometimes people are focused on growing and then as you're growing, you're really finding all these things that you can't keep up with, right? And then unfortunately, sometimes that's where startups fail, right? 40:55 And so, and it's sad because you've gone so far right along. And so, since you've worked so hard to get there, it's important to just take a beat and really prepare for the growth because I think that will set you up for success. You know, I'm gonna divert a little bit from the third question. I mean, product market fit. Yeah. And software, right? 41:23 Deep tech technologies, it's really about around technology readiness level, TRLs, right? Scaling right to that level where you are scalable, right? Can you for my listeners again, indulge us in technology readiness levels? Yeah. So, yeah. So there are different, you know, technology readiness levels that really describe sort of. 41:52 where your technology is in its development. With NSIC, for example, we have a minimum TRL three. And so that involves at least having sort of analytical and experimental critical function and or characteristic proof of concept. So we don't fund, you know, sort of paper studies or science projects. And so, that's a TRL level that we focus on. 42:21 And as that TRL advances, then you get into the testing phase and in-field environment testing and things like that. So then you can further refine your technology until it's really ready for a proper use case. And then I would say one thing we focus on now is also 42:48 just on the level of advancement in that TRL, right? So, you know, the more you can advance with the funding, the better and so that involves really having a very strong product development plan, right, in place. So that you get more bang for your buck in a way. Right, right. So the product roadmap. Yeah. Thank you. Let's get back to the sandbox and its resilience. 43:17 What does resilience mean to you? Yeah, thank you. Yeah. Yeah, it's one thing that someone told me, you know, they said, you're very resilient. And I was like, oh, really? Thank you. And so, yeah, reflecting back in my life, right? Again, as I mentioned before, you know, you'll be dealt different cards in life, you know, punches, right? And sometimes that will be things that you have no control over. And sometimes there'll be consequences because, you know, you're human and you're young and you make mistakes. And... 43:46 you're stubborn at times or things like that. And so I think resilience is, for me it involves a few things. One is not allowing that to define you. And so it means getting back up, but it also means getting back up stronger and wiser, at least for me, right? There's, I think something you can learn about yourself. 44:11 and about the situation and about others, right? In whatever circumstance you're in. And so it's really making sure you learn the most you can about that particular situation so that when you do stand up and move forward, you're able to do so in a more intentional and successful way, hopefully. Thank you. So last question, did you have fun in the sandbox today? Oh, I had a lot of fun. Yeah, thank you so much. Yeah. 44:41 It's been a unique experience. And so, I had a great time speaking to you when we first met and so today as well. So thank you so much for inviting me. Thank you, Sal. To my listeners, if you liked this episode with Sal Badiyurios, CEO and founder of Equitech Innovate, as well as advisor with Insic of the DIU, that's the Defense Innovation Unit. Please. 45:11 sign up for the Founder's Sandbox. It's released monthly. And business owners, corporate directors, and professional service providers are my guests and they help us learn about how to build with strong governance, resilient, scalable, and purpose-driven companies to make profits for good. So signing off for this month, thank you. And again, Sal, thank you for joining me. Thank you.  

E153: David opens with the weekly update in venture and then interviews Pat Gouhin, the CEO of the Angel Capital Association. We discuss:what the ACA is and what it doeswho are the investor and founder memberswhat members get from the ACAstartup investment analytics and reports produced by the ACAthe Angel University sponsored by the ACA for introductory and advanced training on the Venture Ecosystemthe major issues facing startup founders and investorspolicy efforts by the ACA to influence change in the regulatory definition of the Accredited Investor(recorded 1.7.25)Follow David on LinkedIn or reach out to David on Twitter/X @DGRollingSouth for comments. Follow Paul on LinkedIn or reach out to Paul on Twitter/X @PalmettoAngel We invite your feedback and suggestions at www.ventureinthesouth.com or email david@ventureinthesouth.com. Learn more about RollingSouth at rollingsouth.vc or email david@rollingsouth.vc.

What does it take to successfully navigate the transition from being an entrepreneur to a CEO while maintaining your company's core values intact? This intriguing question sets the stage for a deeply insightful conversation with Anne Maghas on "The Angel Next Door Podcast." Anne's journey from curiosity about angel investing to becoming a significant mentor and investor is full of valuable lessons about leadership, diversity, and resilience amidst rapid change.Anne Maghas, our esteemed guest, is a three-time entrepreneur and an experienced angel investor who holds a PhD in chemistry. With nearly a decade in corporate America working in consumer product development, Anne transitioned seamlessly into entrepreneurship. Her ventures span a data analytics consulting company, a retail distribution enterprise, and a logistics business that thrived even through the challenges of the COVID-19 pandemic. Alongside her entrepreneurial efforts, Anne is deeply committed to mentoring and educating the next generation of angel investors.In this episode, Anne shares her remarkable journey. She goes over essential topics such as the importance of diversity and inclusion in problem-solving, the significant role of mentoring in helping founders become effective CEOs, and the critical nature of cultivating a strong organizational culture. She also offers her hiring philosophy and insights on building trust within teams. Marcia and Anne's discussion is a treasure trove of wisdom for anyone involved in or interested in the startup ecosystem. This is a must-listen episode for aspiring entrepreneurs and angel investors looking to glean insights from Anne's multifaceted experience and thoughtful approach to leadership and investment. To get the latest from Anne Maghas, you can follow her below!LinkedIn - https://www.linkedin.com/in/annemaghas/ Sign up for Marcia's newsletter to receive tips and the latest on Angel Investing!Website: www.marciadawood.comLearn more about the documentary Show Her the Money: www.showherthemoneymovie.comAnd don't forget to follow us wherever you are!Apple Podcasts: https://pod.link/1586445642.appleSpotify: https://pod.link/1586445642.spotifyLinkedIn: https://www.linkedin.com/company/angel-next-door-podcast/Instagram: https://www.instagram.com/theangelnextdoorpodcast/TikTok: https://www.tiktok.com/@marciadawood

In this episode, Christopher Mirabile, Executive Chair of Launchpad Venture Group, explores the pivotal role of boards in startup companies and discusses how boards can be both a critical support system as well as a driver of success. We love our listeners! Drop us a line or give us guest suggestions here. Big Ideas/Thoughts/Quotes “Life is too short to suffer with the wrong people in your boardroom.” Startup Boards are different, but still vitally important “Boards have featured prominently in my entire professional life.” “When I was a consultant with the strategy group at Pricewaterhouse, ultimately our work was commissioned by boards and delivered to boards, and those board presentations when I was lucky enough to be in the room as a young person on the team were some of the most high-pressure situations that I ever was in professionally and left a real impression on me.” “When I got into the startup world, I sort of had to unlearn a certain amount of what I'd learned about boards and moved to the end of the spectrum where boards provide as much mentoring and business value as they do governance.” “Startup boards tend to be a little smaller, a little bit more nimble and often the membrane between shareholders and directors is much thinner because you often see meaningful representation direct from the shareholder base on the board.” “When you run into resistance from a founder [about a board], it's often really more of an educational journey than a negotiating journey to try to get them to understand the value of a board.” Why is a board important for a startup? Your investors want it and you're not going to be able to raise money without it and why would you reinvent the wheel when you can have people who made those mistakes before and can help you avoid wasted time and wasted resources. “A big part of what [we] do is help CEOs understand that …if you go into a relationship with your board, it's sort of like an intellectual partnership where you bring the courage to admit you don't have all the answers and you really seek to draw the wisdom out…”  …If you show me a CEO that's failing, I'll show you a board that's failing to support that CEO properly … Attitude of Startup board members “I don't want to be anywhere near the blast radius of a startup that fails, so I want to make sure that this company is going to succeed…” Feedback to CEO after a Board Executive Session A great way to give feedback after an executive session is: "Hey, let's just do a little case study here. In the meeting, you said this, here's what they heard..." and then it's not an in-your-face criticism, it's just helping them understand how they're being perceived and how their choice of words and their manner of speaking and their style affects the impact of their communications…I think that can be a very effective non-confrontational way to give quick feedback to a CEO.  The Independent Member of a Startup Board “What we're looking for is two things. One is the avoidance of some negatives and the other is certain positives. I'll start with the avoidance of the negatives. We don't want an inexperienced blowhard who has a lot of ego involved in telling people what to do and insisting that their advice be followed, and someone who contributes to a board meeting in a manner which sucks all the oxygen out of the room and makes it super awkward to disagree with them.  We're looking for someone who has a little bit of experience, understands boards are a working thing and that startups are an imperfect science and they're not going to be a disruptive or difficult board member. That's the kind of the key negatives that we're looking to avoid.  In terms of the positives, really, we want someone who understands the industry dynamics, understands the players, knows who the company and the CEO should be talking to, and has that bigger perspective, who can put the day-to-day operational challenges of the company into a broader industry context, and then ultimately make introductions when it's time to find additional investors or exit the company.  So, all we need is a well-behaved genius. It's easy.” Training Board Members “Launchpad now has at least 50 portfolio companies and 40 Launchpad members are either in the boardroom as a director or an observer. That's a pretty large portfolio of board members and observers that the group is adding as human value to the companies.” Our training consists of three things. ·      One is expectation setting and accountability, ·      The second is we tend to give the newer investors in our group an opportunity to serve as an observer under an experienced board member for at least a year so they get a little bit of a sense of what it's about. ·      The third piece is really traditional training and that consists of training we do before they serve on the board and then ongoing training after they've begun. The training we do before is basically making them read the director's guidebook that Ham and I wrote, which really covers all of the basics, and we go to great pains to say, "No, we really mean it when we say we want you to read this. Don't come to the class if you haven't read it because we'll know." ·      Then we do a class where we give them an opportunity to discuss questions and things that weren't clear from the book and we take them through a whole layer of sort of pragmatic suggestions on how to get that first meeting successful and how to run a good board Overboarding “It's really an issue in the VC world … I think a lot of people draw some measure of professional pride out of being on a board and they can tend to get a little carried away and take on too many board assignments.”  “In our experience doing a startup board well, even in a year where it goes pretty well, it's about a 200-hour-a-year commitment.” “We do go out of our way to keep them [people with too many board seats] off the board, and one of the reasons we really prefer to lead rounds is because we want to have a hand in building the board and making sure that we're giving our CEO all the resources she or he needs to succeed and putting the right people around our management team.” Responsibilities of Boards have expanded dramatically “The basics sort of used to constitute most of what a board did, and now a board has so many other jobs, it's really overwhelming a number of things that we expect boards to do and I think that it not only takes away from some of the time that could be spent on the basics, but it creates a ‘whack a mole' kind of a mindset in terms of directors.”   Links  linkedin.com/in/christophermirabile  Bio Christopher Mirabile is the Chair Emeritus of the Angel Capital Association and the immediate past Chair of the U.S. Securities And Exchange Commission's Investor Advisory Committee. He is also the Executive Chair of Launchpad Venture Group, a Boston-based venture investment group focused on seed and early-stage investments in technology-oriented companies. Launchpad is top-three ranked group in the U.S. As a full-time angel investor and an active member of the Boston-area angel investing community, in addition to his Launchpad work, Christopher has personally invested in over 65 start-up companies. He was named one of  the "Top Angel Investors in New England" by Xconomy, one of "Boston's Most Helpful Investors" in an entrepreneur survey by Companyon Ventures and is the recipient of the Angel Capital Association's Hans Severiens Award for his contribution to the advancement of angel investing. Christopher has co-authored six books on early stage investing, been a columnist on entrepreneurship for Inc. Magazine, is a co-founder of portfolio management tool www.seraf-investor.com and co-author of the Seraf Compass, a comprehensive web catalog of educational materials about early stage investing, an adjunct lecturer in the MBA program at Babson's Olin School of Business, a regular advisor and mentor to start-ups, and a frequent panelist and speaker. He is a member of the Board of Directors or Board of Advisors of numerous start-up companies and non-profits. Christopher has served as a public company CFO and General Counsel with enterprise software provider IONA Technologies PLC, a corporate and securities lawyer with Testa Hurwitz & Thibeault and as a management consultant with Price Waterhouse's Strategic Consulting Group.

On todays episode, Brenda speaks with Marcia Dawood. Marcia is a passionate advocate for positive change in empowering and educating everyone on how to invest. Her book "Do Good While Doing Well – Invest For Change, Reap Financial Rewards and Increase Your Happiness", is due out in September 2024 and this episode provides previews to our listeners.  Brenda and Marcia speak about Purpose: Doing Good While Doing Well. How Marcia lives her purpose is as an author, host of the podcast The Angel Next Door, Chair Emeritus of (ACA)Angel Capital Association, the global professional society for angel investors, and on the board of Stella, a non-profit that supports female entrepreneurs. She is also a Venture partner at Mindshift Capital, and she currently serves on the SEC Securities and Exchange Commission's Small Business Capital Formation Advisory Committee.  You can find out more about Marcia at: https://www.linkedin.com/in/marciadawood/ marcia@marciadawood.com Watch her Tedx Talk here Order her Book here Interview with Catherine Gray host of She Angels Series- Invest in Her: You can subscribe to Next Act Advisors at https://nextactadvisors.com/product/subscriptions/ and be sure to use the special discount code "sandbox25" for friends of The Founder's Sandbox for 25% off your subscription.   Transcript: 00:04 We're standing on the edge of something big. We're going to make some changes. Hi, I'm pleased to announce something very special to me, a new subscription-based service through Next Act Advisors that allows members exclusive access to personal industry insights and bespoke 00:32 corporate governance knowledge. This comes in the form of blogs, personal book recommendations, and early access to the founder's sandbox podcast episodes before they released to the public. If you want more white glove information on building your startup with information like what was in today's episode, sign up with the link in the show notes to enjoy being a special member of Next Act Advisors. 01:01 As a thank you to Founders Sandbox listeners, you can use code SANDBOX25 at checkout to enjoy 25% off your membership costs. Thank you. 01:18 So welcome back to the Founder's Sandbox. I am Brenda McCabe, host of this monthly podcast now in its third season. This monthly podcast that reaches entrepreneurs and entrepreneurs and business owners who learn about building resilience, scalable and sustainable businesses with great corporate governance. I want to assist entrepreneurs and entrepreneurs in building those scalable, well-governed and resilient businesses. And by way of 01:47 inviting guests to the podcast who are themselves founders, business owners, corporate directors, investors, and professional service providers who also share my mission, which is using the power of the private enterprise, be that small meeting at large to create change for a better world. Through storytelling with my guests on topics that are going to include resilience, purpose-driven, and sustainable growth, 02:16 My goal through this podcast is to provide a fun sandbox environment where we can equip one startup founder at a time to build a better world through great corporate governance. I'm absolutely delighted today. My guest is Marsha Dalwood. She's joining the podcast. She checks a lot of boxes, but she's today joining as a passionate advocate for positive change by empowering and educating 02:45 everyone on how to invest. So when I met Marcia back in February through one of our events with Ty So Kow, she had launched or was speaking about launching her book that's coming out on September 10th, Do Good While Doing Well, Invest for Change, Reap Financial Rewards, and Increase Your Happiness. I couldn't help but ask her to be a guest because she also has 03:14 passion or a mission, and that is for positive change. And one of many things she's done is authoring this book, which we'll get into a sneak preview of the contents of this book before its launch on September 10th, 2024. I like to choose a title with my guests that are around purpose or sustainability or resilience. And we chose a title for this episode 03:43 which is purpose, do good while doing well. So thank you today for joining me, Marcia. So happy to have you here in the Founder Sandbox. Oh, I'm so happy to be here. Excellent. So, you know, our paths crossed, I mentioned it earlier at the Thai SoCal chapter, the Indus Entrepreneurs SoCal chapter, where you spoke recently on some of the data coming out 04:13 the Angel Capital Association, as well as your role with the SEC. Before I get into my first question, I did want to give my listeners your entire background, your biography. It's very impressive and very extensive. You live your purpose as a multifaceted professional, your author of the book that I just mentioned, Do Good While Doing Well. 04:43 You are also a host of a podcast, The Angel Next Door. You are chair emeritus of Angel Capital Association, ACA. It's a global professional society for angel investors. And you're on the board of Stella, a nonprofit that supports female entrepreneurs. You're also a venture partner at MindShift Capital, and you currently serve on the SEC. 05:10 Securities and Exchange Commission's Small Business Capital Formation Advisory Committee. So thank you for bringing your expertise here into this podcast today. Well, thank you for having me. So can you share for my listeners some of the highlights you walked us through in February while distinguishing the role of an angel investor, a range of fund groups versus VC? 05:37 I mean, some of the trends you're seeing in the markets. Sure. Well, to put it very basically, an angel investor is somebody who writes checks out of their own checkbook. A venture capitalist will pool funds from other people, so they're using other people's money. And therefore, they're held to certain standards, and they're held to certain financial returns that their investors are expecting. 06:06 So angels, while we also of course would love and expect a financial return, we invest in the things that we really care about and are very passionate about. And we don't necessarily have the same time horizons and the same guidelines that venture capitalists do, which makes us a little bit more plausible for being immutable for being able to do certain things and invest in the way that we want to. So, 06:34 Over the last two years, especially maybe even going on two and a half now, the market has been very challenging for entrepreneurs to fundraise at any stage. The market has been very challenging for exits and liquidity. So angel investing or investing in early stage private companies means that you're investing in a company that is not. 07:01 publicly traded on the stock market, like you would see a stock like Apple or something like that. Got it. In order for the investor to have any type of liquidity, there has to be an event. Either the company is sold, or in rare instances, the company would go onto a public stock market, or an IPO, as we call it. So in those particular instances, when there is liquidity, then that money can in a way 07:30 can oftentimes be put back into the startup scene, the entrepreneurial ecosystem, as we call it. And a lot of times, investors will take any money that they do get as a gain from a previous investment and put it into other startup companies so that that capital can keep flowing. That's kind of the whole idea behind as people are getting returns. So that's really the biggest difference between an angel investor and a venture capitalist. 08:00 But right now it's been challenging for everyone because of this lack of liquidity that we've been seeing in the marketplace for the last two and a half years. Now we do think that there's been some talk that that market is gonna start to open up a little bit more. We will see more M&A activity. And if that's the case, then hopefully we will start to see more liquidity and then there will be more capital for investing. And 08:26 as an asset class, right? Angel investing. And with your role as chair emeritus and while you were also chair of ACA, what spurred you to write about angel investing, right? Is this the culmination of your years of experience? Walk my listeners through what made you take the time to actually write a book, do good while doing well. 08:52 Yeah, I think it was out of frustration more than anything. I would talk to people, even neighbors, friends, people I would meet at an event. And I would say, yeah, I'm an angel investor. I help early stage companies. And they were like, wow, that seems really interesting. And I would say, well, you could be an angel investor too. And they would be like, me? I could be an angel investor? I thought that was only for the rich and well-connected. 09:22 that isn't something I could do. I don't know anything about that. I don't have a degree in finance. I don't really think that's for me. So it wasn't that they didn't want to do it. They really just didn't believe that it was something that they were able to do in a way, either from a wealth or income standpoint or from a knowledge standpoint. So I thought, wait a minute, I think there's an awareness problem here because we have all these amazing entrepreneurs. They're building incredible innovations that the world needs. 09:52 But they're really struggling. I mean, struggling with fundraising. And it's one of the hardest things that they end up doing. And it's like a full-time job on top of the full-time job of them trying to build this company. So wait a minute, how can we fix this problem? Well, we could fix the problem if more people got involved and became investors, but that seems daunting. 10:17 So I thought, well, how can I help people realize that that doesn't really have to be quite so daunting? And you can kind of nowadays because of a lot of the regulatory changes that have happened in the last eight to 10 years, you can maybe step your way into it and really start to learn with basically putting less money at risk and you're gaining knowledge at the same time. You can also be a mentor to startup companies. That's become very popular and needed in the last several years. 10:46 All of these things that people don't really know about, that was what I was trying to do, demystify it. Right. And if you had to provide a sneak preview on the gut of your book, what would that be? Set takeaway. And who should be your target audience? Is it just the, is it actually entrepreneurs or is it those people that are just kind of wanting to become more informed around the asset class? Yeah, great question. 11:16 So I wrote the book for people who want to make a difference, but they just don't know how one person alone can do that. Okay. I think you feel that charity is a great way to give back, which of course it is, but they have no idea that this asset class also exists in a way that you can give back and potentially get a financial return at the same time. So that's really who I wrote the book for. As far as a sneak peek as to what's in the book, it is a Y2 book. 11:45 about angel investing. So I saw that there were several books out there and some of them are really amazing on how to angel invest. And most, if not all of them, have the words angel investing in the title. I thought to myself, wait a minute, if somebody really wants to learn about this, but they don't even know that it exists or that it's accessible to them, why would they ever pick up a book on how to be an angel investor? Because this has never even crossed their radar. So how can I attract them? 12:14 to think about things in a different way, to think about how they might use some of their capital in a different way. And when I say capital, I don't just mean money. It can be their human capital, their time. They could be helping an entrepreneur through mentorship. How can they start to look at the resources that they have in order to help grow innovative companies? How can they think about that differently so that they will want to then go and help either people in their local community and in their local area? 12:44 or maybe even startups nationwide or globally. I did watch your TEDx talk and I really do like how you have positioned the asset class or why is angel investing important if you want to make a difference versus charitable giving. And in your TEDx talk that will be in the show notes, you illustrated that extremely well. 13:13 That's very unique. Yes, thank you. And I really want people to donate to charity, help charities, that's fantastic. But we've put such a burden on them and they don't have the resources. They don't have the ability to actually take some of these innovations forward. We need those for-profit companies too. And when you look at the amount of charitable giving that happens in the U.S. annually, it's about 475. 13:41 billion, which is a lot of money. And that's wonderful. But that is equivalent to only about 1% of the value of the US stock market. So when we put things into perspective, it's really not doing any of these nonprofits of good service to say that we're going to put the burden all on you. And what is the size currently of the asset class as angel investing per ACA? Well, pretty much, if you look at the SEC data, 14:10 The most recent data has around $30 billion is where the angel asset class kind of lands. And then from there, we can look at that as far as there's angel groups, there's angel funds, and then there are individual angels. I tend to be a pretty big proponent and fan of angel funds. It allows somebody to put in a certain amount of money and nowadays it does not have to be 14:39 a quarter of a million dollars or any crazy big amount, they could put in a couple thousand dollars and get access to a diversified portfolio, which would allow them to spread their risk and not necessarily put all their eggs in one basket, as you would say. Right, right. Let's kind of switch gears here. While not entirely leaving your experience behind from ACA, you're currently, so you, 15:09 are you've had many women leadership roles, right? Now, whether you got there as a woman, I don't believe so, but what you've had many women leadership roles, most recent, well, maybe the most, I think, relevant for this podcast is you are currently an advisor to the SEC's... 15:34 Small Business Capital Formation Advisory Committee. Now getting there, and it really ties in well with corporate governance and how to do things, well informed with data so as to provide our regulatory structures or financial or legal with guidance and you're representing the small business world. Are you the only woman on the advisory committee? Talk to me through some of the women leadership roles you have had and 16:04 how you've obtained them and how you are opening opportunities for other women leaders. Yeah. So I have been on the investment committee of several funds. Okay. We were specifically focused on helping to get capital to female founders. If you look at the data over the last several years, although in angel world, it is improving in the venture capital world. And when you for the bigger dollars that companies really need to scale. 16:34 The statistics show it's been, you know, two to 3% of the funding goes to women and the rest goes to male led companies. So I've really been trying to help change that. And one of the ways to change that is to get the check writers or the people making the decisions about where the money goes to be more diverse. So to me, it was important to serve on some of these different investment committees for various funds, help with angel groups. 17:03 member of Golden Seeds, which invests only in women-led companies. I'm also a venture partner for MindShift Capital, where we invest in women-led companies globally. So those were things that were important to me. At the Angel Capital Association, I also started with a couple of my peers. We started a group called Growing Women's Capital. It's a peer group within the Angel Capital Association, where we help bring focus and attention to the female founders who are fundraising at the time. 17:33 And so those were all things that were important to me. As far as getting to be able to participate on the SEC's advisory committee, that's been great. And it is an extremely diverse committee, which I absolutely love. There's really representation there from men, women, racial disabilities, I mean, everything so that every group, I feel has a voice at the table because we're trying to represent 18:03 small businesses across the country. And that doesn't necessarily always mean startups, startups are scale businesses that people would want to invest in. But we also have people on the committee who are representing your Main Street businesses as well, coffee shops, things like that. Excellent. And the, can you talk a little bit about Stella? It's also. 18:30 a nonprofit group in which you've been involved, I think, since its inception. I have definitely been a champion and a supporter for Stella since its inception. I've only been on the board for a very short period of time. But the organization is really wonderful. They have done a lot as far as entrepreneurial education for women. They have an archive on their website of different. 18:58 different educational materials. They have an accelerator. They're always promoting ways that more female founders can get in front of investors. So they're doing some really good work over there. Can you get into a bit what is your role on the Small Business Capital Formation Advisory Committee? How often do you guys meet? What is the agenda? And what is the term? Because this is just one of many. 19:28 advisory committees under the auspices of the SEC? I'm just fascinated on what is the actual governance around that. Sure. So it's a four-year term, and I'm one year in as of now. We meet quarterly, usually in person at the offices in Washington, DC. Sometimes we meet virtually. It just kind of depends on the situation, but usually we meet in person. Meetings are all recorded. 19:56 and broadcast live over the SEC's website. So anyone who wanted to go back and watch any of the meetings, or if you wanted to watch any of the future meetings live, that is absolutely doable. They're always listed on sec.gov, the website. So the role is really for us to be able to help the commission get a better sense of what's happening, kind of boots on the ground. 20:26 So each of us has a little bit of a different angle for how we represent small businesses. I of course come with the angel investing lens. There's another person on the committee who has a debt crowdfunding platform that he founded. And that's a very interesting perspective since that's something that's kind of newer to the state of how entrepreneurs can fundraise. So we're all. 20:54 trying to have basically a conversation about some of the challenges that entrepreneurs face when it comes to fundraising. And one of the things that we tackled quite heavily, at least for the first few meetings that I was involved in was the accredited investor definition. Got it. As it stands right now, to be an accredited investor means you have to have a certain level of wealth or income, $200,000 by yourself, 300,000 with a partner. 21:23 or a million dollars in net worth minus your home. And there was talk or has been talk that that could be indexed or changed or raised. And we did some rough calculations at the Angel Capital Association. There were also calculations done, then I don't remember the exact numbers, but you could go even go back and watch our meeting on sec.gov and you'd be able to see that, but it would eliminate. 21:47 a lot of the people who were already angel investors. And we only have about 300,000 angel investors in the country. And remember, there's about 330 million of us here that live in the US. So, there's a lot of opportunity, let's just say that. And if we started to eliminate the ability for people to participate based on an income or wealth level, that would be challenging. And it would make fundraising for entrepreneurs even that much harder. 22:14 So what we suggested in one of the, and you can actually see the recommendation that we made on the SEC's website, but we made a recommendation to say, hey, how about we don't actually focus so much on income and wealth and we focus more on education. And we'd like to see there be an education component that would allow for more people to be able to participate in this asset class. And the Angel Capital Association has put in 22:43 And I think there were some others as well who have put in some proposals to say, hey, we could help with this. So that's kind of where we are right now. Right. And as emeritus chair of the ACA, can you talk about some of the innovations that have come out recently? You've talked about angel funds. I'd like you to talk. You've talked a little bit now about credit investor and the definition of your work at the SEC. 23:13 But the recent publication, I'm a member of ACA, attended the annual summit this year. I found the work that you've done on the actual convertible note form for the angel investment is fascinating. Can you talk a little bit more about that? Sure. So there are documents that were put out by the National Venture Capital Association years ago 23:42 companies who want to fundraise to use those documents for a priced round. Of course, that would be for actual equity, you're selling shares of your company, that kind of thing. And those are great. And very, very helpful to entrepreneurs, because I think in some cases, it can save them a lot of time and money in legal costs. However, there wasn't really anything out there that could be used for convertible notes. 24:09 Safes, yes, there is a kind of a standard safe note that people view and that has also saved entrepreneurs time and money, but the Angel Capital Association was interested in putting something out that was like that, but in the convertible note form that was more, quote unquote standard or something that, at least a starting point for entrepreneurs so they didn't have to start from scratch or have to go to an attorney and have them draw up all kinds of paperwork. So yeah, and that's available on the ACA's website. 24:40 So this which gears back to one of your other facets. You are associate producer of a film called Show Her the Money. I first heard of it through, I guess meeting in February and the Thai SoCal chapter on September 19th will be actually screening this film. 25:09 in conjunction with a global competition for women led company. So I'm, when I, um, learned that you would join me as a guest, um, of the podcast, I was delighted to get kind of a scoop also about show her the money, how you got involved as associate producer and what can we expect? Yeah, it turned out to be a tremendous film. 25:35 Catherine Gray and Kai Dickens, who put it all together, Kai Dickens, the director, it was Catherine Gray's idea, have really done a tremendous job of showcasing through storytelling the problem and bringing more awareness to this problem. So Catherine Gray and I met after somebody saw my TED Talk and saw hers and said, hey, do you guys know you're talking about almost exactly the same thing? 26:02 know each other. And this was at the time right before the film came out that Katherine was still looking for a few investors. And so I myself and a couple other angels that I know we, we kind of helped fill that round up so that she could move the move the film forward. And we've been on a 50 city tour that's now turning into probably close to 100 cities. Katherine's been such a trooper. She has really gone to a lot. 26:30 a lot of the screenings. I've gone to several, but it's a lot to kind of go city to city almost, I mean, there's nowadays, there's a showing almost every day in different places around the country. So there, we try to have at least someone from the film or an associate producer there at each of the screenings, but it's really been fun to showcase it. 26:54 We always have a panel afterward and we get questions from the audience. We let the audience kind of, you know, give their comments and what they're thinking about it. And the, I mean, the feedback has just been tremendous. And will there be a sequel? That's a good question. There's a lot of talk about a lot of different types of things, so you never know. Right, excellent. So you heard it here on the Founder's Sandbox. Marsha Dawood is actually. 27:22 Associate producer of a film, Show Her the Money. The Thai SoCal chapter will be screening the film on September 19th at Noah House here in Hollywood, Los Angeles, so very exciting. Well, Marcia, I like to have a part of my podcast where my listeners can learn about how to contact you. They will be, you have many touch points, but what would you... 27:51 suggest as some of the best ways to get in contact with you? Well, I would just say go to my website, which is simply marshadalwood.com. You can learn about all kinds of things. I have lots of free resources there. Currently, you can even download a free chapter of the book as a preview. Oh, to do that, they can do that. And of course, I have everything, I linked everything on there, including the TEDx talk in Charlotte. I did do a rap battle. I don't 28:20 Did you do a rap battle? I did a rap battle called Angel Investor versus Venture Capitalist. Because I was watching YouTube with my step sons one day and we saw a rap battle between Snow White and Elsa. I thought, well, that's clever. And that's a cute way to like kind of get a message across. 28:44 maybe I could do a rap battle about an angel investor versus a venture capitalist just so that people would kind of have a better understanding of what the differences are. So one day I just sat there, this was before chat GPT, and kind of wrote it out, you know, like what it would be. And, and of course, I'm cracking myself up the whole time. And because I was like, Oh, that's funny, you know, how can we make that, you know, more clever? So anyway, 29:13 I debuted it at one of the ACA summits a couple of years ago, but that's all I can say to you. Excellent. So in the show notes, you will have access to the TED Talk, the order online of Marsha Doudwood's new book, and you have your podcast, the Angel Next Door podcast. And who do you invite there? Well, I saw a need about three years ago. That's when I started it. 29:42 that there really wasn't anybody talking about how do you become an angel? Or how would you help a company with either mentoring or helping them with investing? There's a lot of podcasts out there about entrepreneurship, lots of things about pitching, raising money, how did you build your business? And they were great, I like all of them. But I was really seeing a need for how can we showcase this, an angel. 30:08 that can be anybody, it can be your next door neighbor. So that's kind of how the title came about. And on the podcast, I have people who are angel investors who are just telling their story about why and how they became an angel investor, how they learned about it. But from there, it's kind of spun into other things. I've had four Congress people on talking about small business in their community and why it's important and what they're doing in Congress in order to help to... 30:38 spur economic development. I've also had two of the SEC commissioners on, which is fun to go through what they're thinking about and the changes that could potentially also help entrepreneurs. And then I've had several people come on who were experts in areas like equity crowdfunding, debt crowdfunding, revenue-based financing. 31:00 And then of course, one of the things that angels always wanna know about are tax benefits, even though taxes sometimes seems like a boring topic, taxes are something that everybody really needs to know about and there are several tax advantages that angels can partake in, but many are not known. Exactly. Excellent. So before we finish, I actually go back to 31:29 the founder sandbox and kind of the three cornerstones that I am working on as my mission and building resilient, purpose-driven and scalable companies. So I always like to ask my guests and not one guest has the same definition or I guess the meaning to each of these terms. So I'd like each of you to tell me what does resilience mean to you, Marsha? 31:56 So when I think of resilience, it makes me think of how hard it is for an entrepreneur to build a company, just anyone to build a company. So resilience is that tenacity that you need in order to keep going on the hard days and the days that you just wanna throw your hands up in the air and say, why am I doing this? So that is really so important because building a company is such a... 32:22 hard work and it's so much harder than I think anybody ever realizes when they go into it. And I've talked to so many entrepreneurs who've said, oh my gosh, this is like, this is way, way, way harder than I thought it was going to be. But it also takes a village. So that resiliency needs to have a community around it. And so that's why I really am such a proponent of angel investing because we really can form that community and help build the resilience with the entrepreneur. Thank you. Purpose driven. 32:51 I think you have a purpose, right? Which is educating on the asset class and how to become an investor. So what is purpose driven for you? Well, I think that goes back to do good while doing well. I mean, I wasn't necessarily going to title my book that. It was the title of my TEDx talk. However, I went through... 33:16 as you do as an author, you go through many, many, many iterations of what the title is gonna be, because it's one of the most important things. And I did several focus groups where I gave people options about titles and do good while doing well, kept coming back and people were like, that resonates with me. So then I just think, purpose driven, that's what people really, that was the thing that really, it just stuck with them. And so, 33:45 I think aligning your values with your money, with your goals, you know, all of those things are a great way to be purpose driven. To make a difference. Right. Sustainable growth. What's the meaning for you sustainable? So sustainable means like long term, we need to be able to do something that's hard and be able to. 34:12 continue to do it. And if we come up against roadblocks, how do we pivot? We tell entrepreneurs all the time, it's okay to pivot. It's okay if you come up against something in your company and you're like, wait a minute, this doesn't fit or it doesn't work and maybe I need to change something, that's okay. I mean, everything that happened in 2020 with COVID. Oh my goodness. Lots of pivoting, right? So to me. 34:37 sustainable growth is like, how can we do that? How can we be in the right mindset so that no matter what happens, we can keep going and we can keep building what we really wanna see in the world. Very nice, thank you. Last and final question, Marcia. Did you have fun today in the sandbox? Oh, love playing in the sandbox. And had I known that you were also a rapper, I would have had a question in there, but thank you for sharing the fun side. 35:07 angel investing, right? So to my listeners, if you like this episode with Marsha Dawood, sign up for the monthly release of founders, business owners, corporate directors, and professional services go-to podcast to learn about how to build resilient, purpose-driven, and scalable companies while doing good. Thank you very much for joining me and Marsha Dawood signing off for today. Thank you.  

Dr. Niki Kennedy started out as a biomedical engineer, but then became a vascular surgeon. Her passion is bringing people together to advance medical technology and make healthcare better. She founded Arbor Hive, which is a network of physicians, allied health professionals, business owners, investors, engineers and others who come together to make this happen. Joining the group is free and can help you make contacts with others. Whether you are an innovator looking for guidance on getting something through FDA approval or learning about investors who might make your dream possible or perhaps you would like to consult with start-ups who need your professional input, Arbor Hive may be of interest to you. Arbor Hive is having an online meeting 9/23/24 with a national speaker from the Angel Capital Association. If you are interested in learning more you can go to www.ArborHive.com or find them on LinkedIn. 

Named one of Inc. Magazines Top 100 Female Founders of 2020, COLETTE COURTION is a distinguished and award-winning consumer marketer, inventor (21 issued patents), and femtech leader who is revolutionizing the $600 billon dollar menopause market with Joylux—the leader in at-home medical devices, personal care products and digital tools for menopausal women experiencing vaginal and sexual health issues.  With over 20 years of cross-functional expertise leading consumer product, retail, and medical device companies, she is known as a category creator in the emerging health and wellness space. Prior to founding Joylux and her other two skincare related start-ups, she was a marketing executive with Starbucks responsible for launching and growing the Starbucks Card and Customer loyalty program into a multi-billion-dollar business.  Courtion and her companies have earned numerous accolades including the AARP Innovation Lab's Women's Health Award (2021), Angel Capital Association's Most Innovative Company (2019), Best Product of the Year (2003) for Starbucks Duetto Card from Business Week, Top 15 Women of Influence (2009) in Seattle and Top 40 Under 40 leaders (2006) in Seattle from Puget Sound Business Journal. Colette's info: Website: https://joylux.com/ Facebook: https://www.facebook.com/joylux Instagram: https://www.instagram.com/joyluxinc/ LinkedIn: https://www.linkedin.com/in/colettecourtion/ Please click the button to subscribe so you don't miss any episodes and leave a review if your favorite podcast app has that ability. Thank you! Visit http://drlaurabrayton.com/podcasts/ for show notes and available downloads. © 2014 - 2024 Dr. Laura Brayton

Have you ever wondered how an entrepreneur transitions from building startups to influencing public policy and angel investing? In this compelling episode, host Marcia Dawood sits down with Rich Palmer to explore his dynamic journey. From working on Wall Street to founding multiple startups, surviving a brain aneurysm, and now serving on the board of the Angel Capital Association, Rich's story is one of resilience, vision, and impactful leadership.Rich offers a wealth of experience, having raised $120 million for a SaaS company and navigating the startup world. Now, as an influential angel investor and entrepreneur in residence at Babson, he shares invaluable insights into the interplay between entrepreneurship, funding, and public policy.Tune in to discover how Rich leveraged angel investments to grow his ventures and the pivotal role these investments play in fostering innovation. This episode is a must-listen for anyone in the entrepreneurial ecosystem, offering profound lessons on resilience, smart investing, and making a meaningful impact. To get the latest from Rich Palmer, you can follow him below!LinkedIn - https://www.linkedin.com/in/therichpalmer/ Sign up for Marcia's newsletter to receive tips and the latest on Angel Investing!Website: www.marciadawood.comLearn more about the documentary Show Her the Money: www.showherthemoneymovie.comAnd don't forget to follow us wherever you are!Apple Podcasts: https://pod.link/1586445642.appleSpotify: https://pod.link/1586445642.spotifyLinkedIn: https://www.linkedin.com/company/angel-next-door-podcast/Instagram: https://www.instagram.com/theangelnextdoorpodcast/TikTok: https://www.tiktok.com/@marciadawood

Have you ever wondered what it takes to support and nurture the next big idea in entrepreneurship? In this captivating episode of The Angel Next Door Podcast, hosts Marcia Dawood and Craig Mullett dive into the world of angel investing, exploring how early-stage investment can transform fledgling companies into industry leaders.Craig Mullett, originally from South Africa, brings a wealth of experience to the conversation. Having studied in Europe and later moved to the U.S. to start his own M&A advisory business, Craig has a unique vantage point on the tech industry and early-stage investment. Now a key member of Connecticut's biggest angel group, Angel Investor Forum, Craig shares his journey from learning about angel investing to joining the board of the forum and becoming actively involved with the Angel Capital Association.Throughout the episode, Craig outlines his "Five T Framework" for evaluating startups and highlights the importance of scalability, team dynamics, and the technology or product's defensibility. Whether you're an aspiring investor, a startup founder, or simply curious about the world of entrepreneurship, Marcia and Craig offer compelling insights and practical takeaways that will leave you inspired and informed. To get the latest from Craig Mullett, you can follow him below!LinkedIn - https://www.linkedin.com/in/craig-mullett-branison/ Sign up for Marcia's newsletter to receive tips and the latest on Angel Investing!Website: www.marciadawood.comLearn more about the documentary Show Her the Money: www.showherthemoneymovie.comAnd don't forget to follow us wherever you are!Apple Podcasts: https://pod.link/1586445642.appleSpotify: https://pod.link/1586445642.spotifyLinkedIn: https://www.linkedin.com/company/angel-next-door-podcast/Instagram: https://www.instagram.com/theangelnextdoorpodcast/TikTok: https://www.tiktok.com/@marciadawood

Have you ever wondered what it takes to bring a book to life, especially one centered around the dynamic world of entrepreneurship?This episode of The Angel Next Door podcast is a special edition of Minutes with Marcia, Part 2. In this episode, Marcia shares a detailed behind-the-scenes look into her journey of publishing the upcoming book, "Do Good While Doing Well," slated for release in September 2024. Pre-order at marciadawood.com/dogoodMarcia isn't just talking about writing; she navigates the labyrinthine world of book publishing and gives a glimpse behind the scenes at how it all works.In this enriching episode, Marcia breaks down the complexities of the publishing industry, discussing the nuances of traditional, hybrid, and self-publishing. She shares her own experiences working with Amplify, a hybrid publisher, highlighting the advantages it offered in terms of support and expertise. With anecdotes about the editing process and the significance of marketing, Marcia also underscores the importance of the author's role in promoting their book. This is a must-listen for anyone interested in writing, publishing, or simply understanding the entrepreneurial mindset, as Marcia provides a clear roadmap for making your literary dreams a reality. Sign up for Marcia's newsletter to receive tips and the latest on Angel Investing!Website: www.marciadawood.comLearn more about the documentary Show Her the Money: www.showherthemoneymovie.comAnd don't forget to follow us wherever you are!Apple Podcasts: https://pod.link/1586445642.appleSpotify: https://pod.link/1586445642.spotifyLinkedIn: https://www.linkedin.com/company/angel-next-door-podcast/Instagram: https://www.instagram.com/theangelnextdoorpodcast/TikTok: https://www.tiktok.com/@marciadawood

This episode of The Angel Next Door podcast is a special edition of Minutes with Marcia. In this episode, Marcia reflects on the impactful journey of the podcast and shares three powerful takeaways from our previous shows that could transform your understanding of entrepreneurship and investment. Whether you're an entrepreneur seeking advice and resources, an investor looking to diversify your portfolio, or just interested in the dynamic world of startups, today's episode will offer you valuable insights. She discusses the significance of supportive networks for entrepreneurs, explores why diversity in startups matters more than ever, and discusses the ever-evolving landscape of crowdfunding. Plus, Marcia will share exciting details about her upcoming book, which you can check out here! Don't miss the lessons we've garnered— listen now to find inspiration right next door! Sign up for Marcia's newsletter to receive tips and the latest on Angel Investing!Website: www.marciadawood.com And don't forget to follow us wherever you are!Apple Podcasts: https://pod.link/1586445642.appleSpotify: https://pod.link/1586445642.spotifyLinkedIn: https://www.linkedin.com/company/angel-next-door-podcast/Instagram: https://www.instagram.com/theangelnextdoorpodcast/TikTok: https://www.tiktok.com/@marciadawood

Are you an aspiring entrepreneur looking to navigate the complex world of small business capital formation, aka raising money? In the latest episode of The Angel Next Door Podcast, host Marcia Dawood engages in an insightful conversation with Stacey Bowers, Director of the Office of the Advocate for Small Business Capital Formation at the Securities and Exchange Commission. Stacey shares her extensive experience, ranging from working in securities law to representing founders and small businesses in raising capital, eventually leading her back to the SEC in a significant role. The episode goes into the crucial role of the Office of Advocacy in amplifying the voices of small businesses and investors to advance their interests in the capital markets.In a stimulating discussion, Stacey unveils the vital functions of the Office of Advocacy, shedding light on its mission to support small businesses, investors, and underrepresented entities. The office undertakes substantial outreach, collects data, and publishes an annual report that encapsulates the challenges and experiences of small businesses and investors. The episode emphasizes the array of educational resources available, including a glossary to demystify legal jargon and a funding roadmap to guide potential entrepreneurs in their capital-raising endeavors. With an emphasis on promoting awareness and engagement, this episode is a must-listen for both aspiring entrepreneurs and angel investors seeking comprehensive insights into small business capital formation and the vital support available through the SEC's Office of Advocacy. To get the latest from Stacey Bowers, you can follow her below!LinkedIn - https://www.linkedin.com/in/stacey-bowers-1a65ba/https://www.sec.gov/news/press-release/2024-32024 SEC Small Business Forum Sign up for Marcia's newsletter to receive tips and the latest on Angel Investing!Website: www.marciadawood.comLearn more about the documentary Show Her the Money: www.showherthemoneymovie.comAnd don't forget to follow us wherever you are!Apple Podcasts: https://pod.link/1586445642.appleSpotify: https://pod.link/1586445642.spotifyLinkedIn: https://www.linkedin.com/company/angel-next-door-podcast/Instagram: https://www.instagram.com/theangelnextdoorpodcast/TikTok: https://www.tiktok.com/@marciadawood

109. Do Good While Doing Well (with Marcia Dawood) Marcia Dawood, an influential early-stage investor and author of Do Good While Doing Well – Invest for Change, Reap Financial Rewards and Increase Your Happiness, is key in advancing support for diverse, impactful startups. With roles in the SEC's Small Business Committee, Mindshift Capital, Golden Seeds, and as Chair Emeritus of the Angel Capital Association, her expertise shines. Marcia's portfolio includes over 50 startups and funds, underscoring her commitment to fostering innovation and diversity. As a TEDx speaker, podcast host, and associate producer of Show Her the Money, she's dedicated to enriching the startup ecosystem and empowering underrepresented founders. In this episode: Marcia talked about how she transitioned from corporate into angel investing. She shared what angel investing is and how excited she was to learn about how to help the innovative companies who needed the angels support. She explained what equity crowdfunding is and how it can be used to start getting involved in angel investing for lower dollar amounts. Her new book, Do Good While Doing Well, comes out in September and helps teach people more about angel investing. There are other ways besides money to helps these startups like volunteering their time and skills. The new documentary that she is supporting as an associate producer is called Show Her the Money to build awareness for angel investing and the good it is doing. Check out her podcast The Angel Next Door She shared about the biases around investing and the challenges for women to get money. The challenges that women have when talking about the money they have without feeling judged. Information on Marcia:   MarciaDawood.com Preorder Do Good While Doing Well by Marcia Dawood Dr. Marie-Helene Pelletier on Linktree (@marciadawood) The Books that Marcia Recommends: Write a Must-Read: Craft a Book That Changes Lives―Including Your Own by AJ Harper Buoyant: The Entrepreneur's Guide to Becoming Wildly Successful, Creative, and Free by Susie de Ville The Visibility Factor Podcast is brought to you in part by the Amplify You Program. Do you have limiting beliefs that are holding you back from the success that you want for you career and your life? This 12-month program is a powerful experience that Amplify You is a unique program that will help you learn how to articulate your value and demonstrate the talent that you have so you get the opportunities you deserve! Become a leader who uses your voice, makes an impact and has the career you deserve! If you are interested in learning more visit: https://susanmbarber.com/programs/  If you are interested in learning more, visit: susanmbarber.com/visibilitybreakthroughaccelerator/ Thank you for listening to The Visibility Factor Podcast Check out my website to order my book and view the videos/resources for The Visibility Factor book. As always, I encourage you to reach out! You can email me at hello@susanmbarber.com. You can also find me on social media everywhere – Facebook, LinkedIn, and of course on The Visibility Factor Podcast! I look forward to connecting with you! If you liked The Visibility Factor, I would be so grateful if you could subscribe and rate it where you listen to podcasts! It helps the podcast get in front of more people who can learn how to be visible too! Thank you to the team at Sheep Jam Productions for the amazing support of The Visibility Factor Podcast! 

E111: The Expanding Access to Capital Act of 2023 (HB2799) is recently passed US House of Representative legislation that would substantially change how startup investing works in the US. It would change the basic definition of an accredited investor, change how both small and large startup funds operate and lower regulatory burdens. The stated goal is to increase available capital for startups while lowering the barriers to entry for small investors so as to democratize startup investing. Startup investing is mostly the domain of wealthy accredited investors while non-accredited investors can only participate via crowdfunding at much higher investor cost. Co-hosts David & Paul discuss this legislation, the many effects that might be expected and the potential for passage into law. We think it will be modified in the Senate to address some peripheral Democratic political concerns around gig labor and investor risk but don't see these a deal breakers. However, the upcoming 2024 election cycle is likely to delay a deal until after the election.  For some context, on December 21, 2011, the SEC adopted amendments to the definition of accredited investors, requiring that the value of a person's primary residence be excluded when determining whether the person qualifies as an “accredited investor” based on having a net worth in excess of $1 million. According to a report by the Angel Capital Association, the regulation change is estimated to have eliminated more than 20% of previously eligible households in the United States.  Check out this study of the impact of  investor protection regulation changes from 2011. (recorded 3/12/24)Follow David on LinkedIn or reach out to David on Twitter/X @DGRollingSouth for comments. We invite your feedback and suggestions at ventureinthesouth.com or email david@ventureinthesouth.com. Learn more about RollingSouth at rollingsouth.vc or email david@rollingsouth.vc. Follow Paul on LinkedIn. Download our White Papers and Cheat Sheets HERE. Thanks for listening and remember: Our mission is to MAKE MONEY, HAVE FUN AND DO GOOD.

Can the gatekeepers of capital truly predict the next groundbreaking innovation, or does overregulation stifle potential? This question sits at the heart of today's pressing conversation with Commissioner Uyeda on The Angel Next Door Podcast with host Marcia Dawood. Entrepreneurs and innovators face a myriad of challenges, but how can regulation strike the right balance between protection and empowerment? This episode dives into the complexities of capital formation, regulatory insight, and the budding entrepreneur's right to risk.Commissioner Uyeda, currently serving his second term at the Securities and Exchange Commission (SEC), brings a wealth of knowledge to the table. Sworn in December 2023 for another five-year term, the commissioner is poised to witness significant rule adoptions and finalizations, especially under Chair Gensler's directive leadership. Appointed as one of five bipartisan SEC commissioners, Uyeda is instrumental in ensuring the regulatory body remains effective and cost-efficient amid a rapidly evolving electronic era.This episode is a must-listen for anyone involved or interested in the startup ecosystem, angel investing, and the broader financial landscape of entrepreneurial ventures. Marcia and Commissioner Uyeda touch on pivotal issues, from the nonpartisanship needed within the SEC to the nuanced differences between fraud and investment losses, as well as the practical concerns of raising the financial thresholds for accredited investors. With an eye towards inclusive innovation and insights that could shape the future of investment policies, The Angel Next Door Podcast shines a spotlight on the delicate interplay between regulatory frameworks and the inherent risk-taking that fuels American ingenuity. To get the latest from Commissioner Uyeda, you can follow him below!LinkedIn - https://www.linkedin.com/in/mark-uyeda-5227aa5/https://www.sec.gov/news/speech/uyeda-remarks-securities-regulation-institute-012224https://www.sec.gov/about/commissioners/mark-t-uyeda Sign up for Marcia's newsletter to receive tips and the latest on Angel Investing!Website: www.marciadawood.com And don't forget to follow us wherever you are!Apple Podcasts: https://pod.link/1586445642.appleSpotify: https://pod.link/1586445642.spotifyLinkedIn: https://www.linkedin.com/company/angel-next-door-podcast/Instagram: https://www.instagram.com/theangelnextdoorpodcast/TikTok: https://www.tiktok.com/@marciadawood

E106: The Angel Investor Ecosystem has grown from modest beginnings to a robust national ecosystem thanks to Angel Groups such as Queen City Angels in Cincinnati and the Angel Capital Association. David and Matt interview Tony Shipley, the Chairman and Co-founder of Queen City Angels (QCA) in Cincinnati and the Chair Emeritus of the Angel Capital Association (ACA), about QCA and the ACA's role in the Angel Ecosystem. Tony walks us through the beginning of QCA and the ACA, how they have evolved over time. He also talks about the 6 Angel Funds managed by QCA and how they have responded to their Angel Investor members interests in structuring, funding and executing deals. (recorded 2/12/24)Follow David on LinkedIn or reach out to David on Twitter/X @DGRollingSouth for comments. We invite your feedback and suggestions at ventureinthesouth.com or email david@ventureinthesouth.com. Learn more about RollingSouth at rollingsouth.vc or email david@rollingsouth.vc. Follow Paul on LinkedIn. Download our White Papers and Cheat Sheets HERE. Thanks for listening and remember: Our mission is to MAKE MONEY, HAVE FUN AND DO GOOD.

On this episode of The Founder's Sandbox, Brenda speaks with Shashi Triphati. They speak about the purposeful "design driven life", Shashi's personal struggles as an immigrant to the US, the growth and recognition as CIO and as entrepreneur. Learn more about his fund nurture.ventures and their work at TIE SoCal.  Shashi is a serial entrepreneur, investor, board member and advisor to several companies. His focus areas have been in technology, and healthcare. He has deep experience in healthcare working across hospital, clinics, health plans and life-sciences. He has been awarded CIO 100 by CIO Magazine, Best Patient Engagement Strategy and Medical Design Excellence awards. He is a founder of  nuture.ventures an early stage venture fund which focuses on a broad range of areas including health technology, cyber security, applied artificial intelligence & customer experience.   You can find out more about Shashi at: Linked IN Shashi Tripathi https://www.linkedin.com/company/nurtureventures/   Other resources on this episode include: TiE SoCal https://tiesocal.org/ February 12 Join TiE SoCal's event Venture Investment: Strategy and Tactics  Ralph Waldo Emerson's poem   Show transcription 00:04 Welcome back to the Founders Sandbox. I am Brenda McCabe, your host. The Founders Sandbox is now in its second season. It's a monthly podcast that reaches entrepreneurs and business owners who learn about   00:31 building resilient, scalable, and sustainable businesses with great corporate governance. My mission with the Founder Sandbox is to assist entrepreneurs and some entrepreneurs in building those scalable, well-governed, and resilient businesses. And guests that come to the podcast are either founders, business owners, corporate directors, VCs, professional service providers, who like me want to use the power of the enterprise.   01:01 be it small, medium or large, to create change for a better world. Through storytelling with each one of my guests on topics that while discovering their own journey, we're gonna touch upon resilience, on purpose driven enterprises and sustainable growth. My goal is to provide a fun sandbox environment where we can equip one startup founder at a time to build that better world through great corporate governance.   01:30 Today I'm absolutely delighted to have as my guest, Shashi Tripathi. Thank you Shashi for joining me today. Thank you, Brenda. Good morning. We were just saying that we're not morning people, but we'll do anything to help founders. Yes. Yes, so Shashi's joining the podcast today as founder of Nurture Ventures and board member of the chapter of the TIE SoCal organization.   01:59 He could speak to many, many things, but today we're going to hone in on actually purpose-driven design of life. Sashi has an incredible background. He's a serial entrepreneur. He's an investor, board member, and advisor to several companies. His focus areas have been in technology, healthcare. He has deep experience in healthcare.   02:27 working across the entire spectrum just blew me away, starting with actually med tech, then to move to hospitals, health plans. And he has been awarded CIO 100 by CIO magazine, best patient engagement strategy, and medical design excellence awards. So it's truly an honor   02:56 and incredible breadth as well as depth within the healthcare industry. So again, thank you. Thank you, Brenda. I appreciate it. You know, our paths crossed recently, we joined the SoCal, the TiE SoCals board, and we're in for a fun two years. You possess again, a unique broad and   03:22 deep understanding of the healthcare system in the United States. You worked primarily at, or when you first came to the United States in supply chain management, really addressing the large waste issue in the medical sector. You then went on to the hospital side, the payer side, and finally you ventured out and became an entrepreneur and founder where you built and sold   03:51 Follow My Health, which was a mobile enterprise patient engagement platform that connects millions of patients to their doctor in a whole new way. I think you said at one time you're touching over 20 million lives. Wow. Well, it's challenging to do you justice in this 40 minute podcast. Let me begin by thanking you again. And then again, I was blown away by your breadth and depth. And I am an avid reader. I Love   04:19 Ralph Waldo Emerson. And I thought of this quote that to describe your background, and you're going to share here with my guests today.  "To laugh often and much, to win the respect of intelligent people and the affection of children, to earn the appreciation of honest critics and endure the betrayal of false friends, to appreciate beauty, to find the best in others, to leave the world a bit better, whether by a healthy child, a garden patch,   04:49 or a redeemed social condition, (I get all teared up) to know even when life has breathed easier because you live, this is to have succeeded. " So thank you again for joining me. How would you like, would you like to share your arrival to the US in 1999? As an immigrant, how did that inform your entrepreneurship journey? So first of all, Brenda, thank you. What an honor to be here with you, Brenda. You yourself.   05:19 are amazingly talented. And I was getting goosebumps by the way, when you were sharing that poem from Ralph, making the world or society a bit better. What a world that is, a bit better. So, coming back to your question, I grew up in India. I did my masters from IIT Bombay.   05:48 Immediately after that, I got a job through a company called I2 Technologies and I got to headquarters in Dallas. And I always had dreamed to come to US by the way. Here I am, my dream is getting fulfilled. I get a flight, land in Dallas Fort Worth airport and my manager then was supposed to pick me up and he forgot.   06:16 And I'm a 23 year old boy, afraid, nervous, excited internally, but now I'm nervous. What do I do? I had no choice, but just to wait at the airport. And after two and a half hours, he came and he took me to the apartment. Dallas, as we all know, is a big city and it's hard to walk.   06:46 I didn't have car, didn't have credit card. Many nights, Brenda, I had only bread and milk as my dinner. And so my company gave a month for this apartment and then after I have to find an apartment, no one will give me apartment. Because I have no credit history. So I went to a bank.   07:15 I gave the bank $500 as a restricted deposit, meaning I cannot spend more than $500 to build my history. Right. Slowly, I built my history. I didn't have cell phone. And I did not even know the proper English in the US. So I took a course on accent reduction.   07:42 I remember sitting in front of CNN and Fox. And in those days, we didn't have all this gadgets we have today. So I had a thick accent and I will pause and see the word. Wow. So to learn in a hard way about adjusting in US culture and US society. But in some ways, I'm glad it happened to me. Because that made me resilient.   08:12 and a strong person. And where I am today, I'm not afraid. And because I've seen the low, what is the lowest I can go, I didn't have a home. I didn't have food. And so it always has instilled in me to fight for it. And things are only going to look upwards. And I think you use the word perseverance and resilience, just one.   08:42 step at a time and in a very intentional way, Shashi. I mean, just going in, you know, when I came back, there was, I didn't have credit history. I was living in Europe. So it is the way, it's a difficult market to crack. And so that was 25 years ago. So what made you, what you have a huge passion for healthcare as I've shared with my listeners, starting with life science/med tech and    09:10 going into the hospitals and actually into the payers. It's quite extraordinary. What underlies this passion for healthcare? Thank you, Brenda. I mean, if I look back my childhood, my mom, my dad, and even at the childhood, Brenda, I always had passion to create things. Okay. And I would get immense pleasure if what I have created is used by someone.   09:40 And that someone can be a small group, it doesn't need to be big. So that at the childhood level. So when I came here to do my supply chain projects, I got into a company called Medtronic, it's a large medical device company. And then I got a really big exposure to healthcare, learned a lot, found that in US, we spend $2.3 trillion total per year. Out of that,   10:10 approximately $800 billion is waste. B. B, not M, is B. And this is per year, this is not one time. And in a very small way, I felt the products or solutions we are creating or designing, if we can make even a small difference in reducing that waste while making an impact to the human life.   10:40 why not? And that really solidified my career, my passion to remain in healthcare. And if I wanted to be in healthcare, I wanted to know the details of it and all the angles of healthcare. Right. So while working for Medtronic, I got a lot of exposure to hospitals and clinics.   11:04 So I felt if we are selling our product and services to hospital and clinic, I wanna work inside the hospital and clinic. And how did that go? So it went really well. So I joined a group called Facey Medical, which is part of Providence Health and Services and learned a lot by the way, how a patient operates, what's really important to the patient, what is really important to hospital. And   11:33 That gave me a lot of exposure and also the appreciation for patient care, by the way. Okay. Because at the end of day, anything we do in healthcare is really important to how it's impacting to the patient's care. Absolutely. Healthcare is the only industry Brenda, where if you improve the quality, you reduce the cost, that's the only industry. If you go in that again, say that again. That's very important.   12:01 If you go in hotel, for example, if you buy a five star, you pay more. Am I right? That's right. But in healthcare, you improve the quality. The cost goes down. That's the only industry by the way. It's very fascinating. So learn a lot about the wider side, which is the hospital clinic. And then I said, for all this, that someone is paying and yes, patients pay the portion in The US.   12:28 but the health plans are the one which are paying majority of our US healthcare cost. So I said, I need to go to the work for the health plan. And crack the code for CPT codes and all that. Exactly, ICD and CPT and claims. So I went to work for a company called New Century Health and there I learned a lot about risk contracts and how we manage the provider, what is really important to the claims.   12:58 how we do the utilization management. So I learned a lot about how the payment system in US healthcare works. So, and then of course the company Follow My Health, I got a lot of exposure about patient side. Right. Because at the end, whatever we are doing, either from life sciences or hospital clinic or health plan.   13:28 It's really impacting the patient in the end. So I feel privileged and somewhat lucky, to work in all the facets of health care systems. Affecting patients' lives one by one. Perhaps the most far removed is that of payers. And that was your last venture. And by creating Follow My Health, you create a new life.   13:55 removed a bit of that friction, I imagine, for patients and their providers. Right. Yep. Excellent. So when did you have time to do Follow My Health? If you're busy working in these large companies, cracking the code, what changed in your life, if anything, to abandon the helm?   14:21 of, you know, working in enterprises to create companies to then become a founder of a venture fund. So walk us through those purposeful decisions that help you design your life. Yeah. So as we look, as I shared with you that I love creating product. Okay. And I love   14:47 the product which we are creating is making a difference in human lives. So when I was the CIO at Springfield Clinic, working with Jim Hewitt, we created this platform back in 2011. And the idea was to make it simple to every stakeholder, to the physicians who are using it, to the patients who are going to be using it.   15:17   and if you make it simple and useful to the stakeholder, money will come. Um, and I remember a story, uh, when I was CIO at a Springfield clinic, uh, I used to walk around and, um, I would sometimes talk to the patient and I talked to a patient who was elderly, probably early seventies or maybe even late eighties, uh, uh, late seventies. Um,   15:46 And I asked him, what do you like about us? And he said, oh, I love this new product you guys have launched, Patient Portal. I said, what do you like about it? And he said, when I didn't have this, I go home and my wife will ask me what happened to you at the doctor's office. And I didn't remember all that and she would get mad. Now I've given my user ID and password to her and she knows everything about what happened. So I don't have to memorize it. So that probably gave you goosebumps as well.   16:15 Right. So these are the stories which give me extra energy to move forward. Same concept in merlin.net and the patient who has pacemaker or ICD is implanted. Okay. In those days they had to go see their cardiologist every quarter. Okay. So we felt was why don't we create external device.   16:44 which can communicate to the implanted device, takes the data, and then over the internet has that data and we build the whole web application for cardiologists and electrophysiologists to monitor the patient. So now patient can be anywhere in the world and they can be monitored. My sister-in-law, by the way, has that product and she often appreciate how beneficial   17:13 Merlin.net is because she can go travel anywhere in the world, not worry about her appointment with cardiologists and she is being followed. So these are the moments which makes me propel, gives me extra energy to keep pursuing and creating the products and services which makes a difference in human lives. And what was the, I guess,   17:41 point in which you decided to abandon those 16 and 17 hour days and, and you'd exited a few companies. You know, what led you to create nurture ventures and can you walk us through the thesis and does it go back to your passion? Right? Yep. So it always goes back to my passion, which is creating product and helping society and balancing life.   18:10 in the process. So I got married. I have two kids, my daughter is 13. My son,, he just turned seven actually on the weekend. We had a party. And we all know, by the way, entrepreneurship life is very hard. Yes. People see the success, they don't see what has happened behind the scene. Yes.   18:39 And for any entrepreneur, I mean, yes, there are some exceptions, but I would say majority of the entrepreneur, they work very hard. Um, I would say 16, 17 hours, um, per day is this hard. And so I have kids now and I have to balance my life. Um, but yet I still wanted to achieve my dreams and be associated with the entrepreneurs.   19:06 why don't I start investing? And I started very small by the way Brenda. My goal was not to go big really. But again, it goes back to simplicity and not with the goal of making money. So I designed my investment very, very LP friendly. LP is a partner who are investing with me into the companies. And because of that simplicity,   19:35 And also just happened to be, I would call it luck. Okay. I got lucky and we got an exit, um, carbon card, which gave us, uh, seven times return in 11 months, but it did happen to us and, uh, some of my LP got money back in their bank, um, so it put our name on pitch book and crunch base and   20:04 So we started growing. So we have now 45 limited partners. We have invested in total 31 companies now. We have a fund, we have an SPV. So it has been grown more than I expected. And I'm really happy because now again, I go back, I follow my passion about creating products and services.   20:34 which are helping society grow. And I'm doing not directly but indirectly because when we are supporting the founders and they are growing and their product and services are being used in society to make a difference, I feel privileged. Many of our portfolio companies, by the way, started small, $40,000 ARR per year. Now, they are six million ARR just in two years.   21:03 Wow. Happiness that we were a small part in making a difference in growing that company and in return, they are making a difference into the society. So that's how I got into this world. I love it, actually. And is the thesis only around healthcare technology companies or is it broader than healthcare? Your passion. So we started healthcare. But in order to make a difference.   21:31 You have to also see what is other things which are impacting and growing. And part of our early thesis was artificial intelligence, software as a service, and financial technologies in addition to healthcare are growing very rapidly and much needed into society and making a difference in human lives. So those are part of our thesis to invest in those four areas.   22:01 artificial intelligence, software as a service, healthcare, and fintech. Excellent. Now, you are also a member of the Angel Capital Association, ACA, and we recruited you from TIE SoCal to join our chapter in SoCal. You also have become a board member for the 2024-2025.   22:29 period, we both have joined the board after the effusive leadership of Gaurav Kumar.   22:38 What would you, I'm going to describe a little bit, TIE, as a nonprofit organization for my listeners. And then I'll get to the question of what your contributions are going to be and how it goes back to your passion. So the Indus Entrepreneurs, TIE T-I-E, was founded in 1992 in Silicon Valley by a group of successful entrepreneurs with roots in the Indus region with a mission to foster entrepreneurship.   23:07 globally through funding, mentoring, networking, and education. Today, the TIE ecosystem comprises over 25,000 startups and 15,000 members across 58 chapters in 12 countries. Within TIE, there is an angels organization for profit. It started in 2010, also in Silicon Valley, and has moved into another eight to 10 chapters.   23:36 representing groups of angel investors. And they're in actually 12 cities with over 3,000 accredited investors. Last year in PitchBook, actually TIE SoCal was among the top 10 in the number of companies that we had invested in. So what's it gonna be like with your presence on the board? And what have you been tasked to do, Shashi?   24:05 My God, what an incredible honor to join this group as you described how powerful the TIE is, but more than power, the impact it continues to make in society across those 50 chapters. As you pointed out, Gaurav Kumar, such a strong leader, and I'm beyond privileged to work with you and others   24:35 to take TIE SoCal to the new heights. Part of TIE SoCal, I have been tasked to lead what we call it TIE Angel Program. Okay. And it basically has three areas within the Angel side. Bring the companies to our members. Okay.   25:06 So they can choose to invest into those companies. The second vertical is we do events very focused on investment, venture capital, or angel investing. And third is having a fund which relates to the first one and take the fund and go invest into the companies.   25:35 catering the entrepreneurship journey and entrepreneurship society. Part of this, by the way, Brenda, we are hosting an event on February 12th, which is Monday, Hyatt at Long Beach, from 3.30 to 8.30. And it's a wonderful group of speakers which are coming and talking about venture capital   26:05 strategies and tactics. And then we have our flagship event, which is scheduled on Friday, April 26th, again in Hyatt Regency. It's a full day event, and will be roughly attended by 400 venture capital, angel investor, startup. If you are any one of those, this is not to miss the event.   26:34 And you do not have to be a member of the TIE SoCal organization. So anyone can attend either of those events, by the way. February 12, which is Monday, 3.30 to 8.30, and April 26, all day, big event, our flagship event, hosted by TIE, but anyone who belongs to those communities. So either investors, a startup,    27:03 or you're supporting any one of those. So you can be service providers. Do not miss any of these two events. I'm very excited to be part of TiE SOCAL and continue to work with intelligent minds like you and others to make a difference in our society. It's going to be an exciting next two years. And I...   27:31 want to share with my listeners, there's a lot of nuggets in the podcast today with Shashi. And so there'll be more information in the show notes with respect to Nurture Ventures, Shashi himself, TIE SoCal, and the upcoming events on February 12th and April 26th. So thank you for leading the charge there. Thank you, Brenda.   27:56 You know, 1999, we're in 2024. It's going to be your 25th anniversary, Shashi, in the United States. I was doing the math yesterday. I went, wow, that's a major, what are you going to do? You've done everything. All right. Oh my God. I'm getting goosebumps right now. My gosh. I'm now thinking about my day when I arrived in Dallas Fort Worth airport. Right.   28:25 I'm nervous. I didn't know where my life will be, but Brenda, I'm so, I'm really in debt of this country. This country is so powerful. If you're willing to work, that's the key word. If you're willing to work, this country is powerful. And there's so many good people. I often hear that, oh, people don't support and help. That's not the experience I have had here.   28:54 Nor has it been mine. I met some incredible people who have helped me to grow my career, who have helped me when people were saying, don't do that. You are crazy. Don't start a company. But there were at the same time, there were many who were there to support me. My family, of course, they endured me so much. All my craziness and.   29:21 all my travel across US and beyond. My parents, I remember my dad, by the way, who I lost here. Sorry. Thank you. He did not want me to come here. Oh my. His goal was that in India, there's a government job, I should go and work into that area. And I end up not. But when I came here, he was the biggest supporter.   29:51 my mom, my wife here, my two kids, and all those who have supported me throughout my career in the last 25 years. I am in debt to so many people I cannot name all of them here on this podcast. Well, thank you. Those are really beautiful words. And you continue to be that young child that wanted to create.   30:20 products that affect people's lives. That's quite laudable. You know, I like to do a round of questions with each one of my guests. I go back to the cornerstones of the consulting work I do at Next Act Advisors. I work with scaling companies on resilience, on sustainable growth.   30:47 purpose-driven. And I ask my guests, you know, what are the meanings of those three words? And that one guest has a similar definition. There's no right or wrong. It's just fascinating. And with your broad and deep expertise in the ecosystem of healthcare and also early stage companies and large, what would you consider? What would you define? What would be your definition of resilience Shashi?   31:15 So in my view, don't give up if you have a passion for something. You will encounter the reality of the life is you will encounter challenges. You will encounter problems. Do not give up on it. There is going to be people.   31:39 who will tell you, you are crazy, don't do that, this is wrong, but at the same time, there will be people who will support you and will root for you. And even if you don't, by the way, believe in you. Believe in you if you wanna do something and go change the world. That's what resiliency to me means. I often do this Brenda and I don't share much when I start to do something new.   32:08 I always plan a worst case plan in my brain. Okay. I always think, I'm going to create a company, for example, how low I can go. I lose my phone, lose my car. That's fine. I'll manage it. We've all been there. Yeah, exactly. So if you in your mind, if you have planned the worst case scenario, I'm not suggesting go do it, but just plan it to give a feeling in your head that that's the lowest possibility that always helps you.   32:38 So coming into challenges and problems, other thing I often say is when you hit the wall, go deep. And we all hit the wall in our personal life, in professional life. Don't give up, go deep. Find it out what elements, what detail elements which are letting you hit the wall.   33:07 And once you figure those details, you, our brains are so powerful. We just have to access those elements of our brain to go deep, find the solution. And I can say it with very high confidence. If you believe in you and try to find a problem, you will find the solution to the problem. And that's what it means. Powerful. Hit the wall. Go deep. You heard it here on The Founders.   33:37 Sandbox. What about purpose-driven enterprise? You have a purpose-driven design to your life. What about purpose-driven enterprises? Yeah, so I often say this also. When you are designing a product, solution, or enterprise, don't make money as your primary objective. And I'm not saying don't be financially conscious, by the way. Your primary goal should not be making money.   34:08 If your primary goal is to make a difference in human lives, if your primary goal is to make a product and services, which people will buy and will help improve their life or their experience or their feelings, believe me, money will come. That's true. So when you're designing product or running a company, think from those aspects. Who is your customer?   34:38 and what is making them to delight your customer. And if you take customer or consumer or your end user, trying to design your product and solution and business processes also, by the way, money will follow to you. And that's purpose to me because if you have that in mind, you will sustain on a long-term basis.    35:06 Which leads us to the definition for you of sustainable growth, right? Yeah, so to me, sustainable growth is how you are growing without adding the debt and liability in your company. So most people can go get a debt, get liability and not think too much about the long-term growth, not think too much about   35:34 improving the value into society, that will not be sustainable growth. Sustainable growth in my view is   35:44 the value you have created for society, the value you have created for your customers, for your end users, how they are driving you to grow. And if they are, money will come and there will be VCs and there will be investors who will give you money, but not just go acquire the money and start to grow, not other way around. Grow first. Take all those...   36:14 stakeholder into the mix first. Yes. And then go look for venture or money to grow the company. That's how sustainable you can be, in my view, Sinder. So self-funding until you do have product market fit and continue to innovate. And the money will come if you're addressing the needs. Correct. Yep. Excellent. Keep customer and end user in the mind. Society also sometimes.   36:43 enterprises think, oh, I'm spending this for the benefit of society and it's going into taking away from my Point of view. Not the case. I mean, if you add value to society, at the end of day, who is the user of your product and services society? Society. We all, we human beings, we are using your product and services. And if we see that   37:12 you care about me, believe me, I will spend money because I know that in return, you're going to care for me on a long-term basis. And if you can get into the hearts and parts of the people through your product and services, it's very hard to go back. You will grow. I will come to you asking, Hey, what is your next product? Because I believe in you.   37:41 Did you have fun in the sandbox today? I loved it. Brenda, thank you so much for having me here. It's just exciting and amazing. And what an incredible work you are doing, Brenda. Thank you. By inviting people to your show where we all can learn from each other. Yes. Seen some of your podcasts in the past, and I can learn. And hopefully, through this, someone can learn. And even if we can make a difference in   38:11 one human life. I think we have done our job. So thank you Brenda and the work you are doing is amazing. Any help I can do, I'll be happy to do so. I'll see you in the sandbox at the TIe Socals board soon. Busy year. Well, thank you. It's been an incredibly fun and insightful podcast. To my listeners. If you like this episode.   38:40 with Shashi Tripathi. Sign up for the monthly release where founders and business owners join me here in the sandbox to learn about how and share how to build strong governance in a resilient, scalable, and purpose-driven company to make profits for good. You can listen to this episode and more on any of the mainstream podcasts, platforms, and   39:10 I look forward to next month. Again, this is the monthly podcast. I'm signing off until next time. Thank you, Shashi.  

Julie Deem invites Marcia Dawood to the show. Marcia is a TEDx speaker, podcast host, author, and associate producer, who brings her wealth of experience to the show. As a member of the advisory committee for the U.S. Securities and Exchange Commission, Marcia is passionate about sharing her angel investing knowledge to inspire others. Episode Highlights: Marcia shares her journey into angel investing, sparked by her husband's invitation to an angel investing meeting in 2012. Learn about the risks associated with angel investing and the importance of due diligence. The importance of concise and compelling pitches, focusing on articulating the problem and solution effectively. Marcia advises listeners interested in angel investing to seek out resources such as the Angel Capital Association. Checkout Marcia's Tedx Talk: https://www.youtube.com/watch?v=yI4i4qb3E8E Connect with Marcia Dawood: http://www.marciadawood.com/ Angel Capital Association: http://www.angelcapitalassociation.org/ Learn more about the latest tool for dynamic professionals in the self-improvement industry, LyfQuest. A mobile CRM platform that's uniquely made for you! Learn more at: https://lyfquest.io/ Instagram: USW Podcast ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@uswkokomo⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Kalena James ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@yesitskalenajames⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Julie Deem ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@indymompreneur⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ -------------------------------------------------- USW Kokomo ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Website⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Production by ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠The Business Podcast Editor⁠⁠⁠⁠⁠⁠ --- Send in a voice message: https://podcasters.spotify.com/pod/show/united-state-of-women/message

https://www.washingtonpost.com/business/2023/12/18/recession-economy-inflation/2023 Angel Funders Report - https://www.angelcapitalassociation.org/angel-funders-report-2023/2023 OASB Annual Report - https://www.sec.gov/files/2023-oasb-annual-report.pdf Sign up for Marcia's newsletter to receive tips and the latest on Angel Investing!Website: www.marciadawood.com And don't forget to follow us wherever you are!Apple Podcasts: https://pod.link/1586445642.appleSpotify: https://pod.link/1586445642.spotifyLinkedIn: https://www.linkedin.com/company/angel-next-door-podcast/Instagram: https://www.instagram.com/theangelnextdoorpodcast/TikTok: https://www.tiktok.com/@marciadawood

2023 Angel Funders Report - https://www.angelcapitalassociation.org/angel-funders-report-2023/2023 OASB Annual Report - https://www.sec.gov/files/2023-oasb-annual-report.pdf Sign up for Marcia's newsletter to receive tips and the latest on Angel Investing!Website: www.marciadawood.com And don't forget to follow us wherever you are!Apple Podcasts: https://pod.link/1586445642.appleSpotify: https://pod.link/1586445642.spotifyLinkedIn: https://www.linkedin.com/company/angel-next-door-podcast/Instagram: https://www.instagram.com/theangelnextdoorpodcast/TikTok: https://www.tiktok.com/@marciadawood

This is CC Pod - the Climate Capital Podcast. You are receiving this because you have subscribed to our Substack. If you'd like to manage your Climate Capital Substack subscription, click here. Subscribe to CC Pod wherever you listen to your podcasts:In this special episode of CC Pod, Michael explores Climate Angels with Vijay Rajendran, an experienced Climate Capital Syndicate Investor and Advisor. Vijay is not a typical interviewee for this show. From being an entrepreneur in commerce and fintech to advising both startups and big companies on product and strategy, his experiences have crafted his perspective on climate investing. He isn't a portfolio founder, but rather a colleague at Climate Capital who is helping to launch Climate Angels - an educational program for potential angel investors interested in the climate tech space.Climate Angels is designed to answer questions about angel investing, particularly in the climate field, which differs significantly from other tech verticals. It will guide participants through the process of developing a robust investment thesis, sourcing potential startups, evaluating them, syndicating, and eventually providing advice or guidance to portfolio companies.From our CC Insights article announcing the launch of Climate Angels:Angel investing, by the numbers.Angels play an important role in the larger venture ecosystem, providing capital to bridge early startups from company formation to their first “real” fundraise. * On average, angel groups invested a total of $5.3 million per group in 2022, an increase of 15% from 2020. The total amount invested in 2021 represents the highest total since the Angel Capital Association began tracking this data.1* Angels continued to focus on investing in pre-seed & seed-stage deals in 2021, reducing investments in later rounds. Angels invested more than 50% of their dollars in Series Seed, which accounted for nearly 60% of deals, up from 50% in the prior two years.* Startups that have angel backing are at least 14 percent more likely to survive for 18 months or more after funding than firms that do not. 2Vijay shares valuable insights into the differences between early and later stage investment, explaining how the journey from idea to seed stage presents unique opportunities and challenges. He emphasized the importance of understanding and evaluating the market potential and the quality of the startup team, crucial factors that every angel investor must consider.The conversation also delved into the shift in perception of climate investing. Traditionally viewed as impact-first and return-second, the narrative is changing. Vijay laid out a compelling case for climate as an investable category, suggesting that the focus should be on the myriad opportunities in the sector, from energy transition to food systems.The Climate Angels program is open to individuals who have dabbled in angel investing and are intrigued by the opportunities in the climate world. It also welcomes those who haven't invested before but are passionate about climate change and want to contribute to the sector in a meaningful way.The Climate Angels program is a unique opportunity to explore climate investing, learn from experts in the field, and contribute to the fight for societal decarbonization. For those interested in learning more about the program, visit the website.Disclaimer: Under no circumstances should any information or content on this page be considered an offer to sell or solicitation of interest to purchase any securities, including any securities advised by Climate Capital or any of its affiliates or representatives. Further, no content or information herein is or is intended, nor should it be construed as, an offer to provide any investment advisory service, financial advice, legal, tax, accounting, investment, or other advice from Climate Capital or any of its affiliates (collectively "Climate Capital”). Under no circumstances should anything herein be construed as fund marketing materials by prospective investors considering investing in any Climate Capital investment fund. Content contained herein does not constitute an offer to sell — or a solicitation of an offer to buy — any securities and may not be used or relied upon in evaluating the merits of any investment. Information regarding companies highlighted herein has been provided by third parties, and Climate Capital makes no representations or warranties as to its accuracy, as to the viability of any company listed herein, or the results of any investment in a listed company. Get full access to Climate Capital at climatecap.substack.com/subscribe

To get the latest from Parker MacDonell, you can follow him below!LinkedIn - https://www.linkedin.com/in/parker-macdonell-4762005/ Learn More about RapChat - https://rapchat.comCheck out this blog from the late John Huston - https://www.angelcapitalassociation.org/blog/ohio-techangel-funds-success-by-aligning-entrepreneur-and-angel-goals/Register to attend the ACA 2024 - The Summit of Angel Investing in Columbus, Ohio happening May 13-15, 2024https://events.angelcapitalassociation.org/summit2024 Sign up for Marcia's newsletter to receive tips and the latest on Angel Investing!Website: www.marciadawood.com And don't forget to follow us wherever you are!Apple Podcasts: https://pod.link/1586445642.appleSpotify: https://pod.link/1586445642.spotifyLinkedIn: https://www.linkedin.com/company/angel-next-door-podcast/Instagram: https://www.instagram.com/theangelnextdoorpodcast/TikTok: https://www.tiktok.com/@marciadawood

In this episode of the "Charlotte Angel Connection", Marcia Dawood, a seasoned angel investor, accomplished TEDX Charlotte speaker, member of the Angel Capital Association and SEC Small Business Capital Formation Committee shares her recipe of "doing good by doing well" by “helping entrepreneurs' dreams come true'. Marcia takes us through her journey of becoming an angel investor, how ALS (Lou Gehrig's disease) helped her see the true value of investing in start-ups to affect meaningful change, and the value that ALL angel's bring to the table when investing. Key Highlights: Comparing the angel investment environment across the U.S. Becoming and angel by “contributing through curiosity” and embracing “story time”. The value of waiting for the right opportunity. How to start with as little as $50. How a family ALS diagnosis inspired Marsha to use angel investing to give back. The value of company contribution to changes vs. charities. Encouraging the younger generation to get involved. Learn more about Marcia Dawood and the work she's doing to promote angel investing in the U.S. and abroad, by checking out her podcast, the Angel Next Door. We definitely recommend Marcia's Charlotte, NC TedX talk to learn more about her as well as the launch of her upcoming book.   William Bissett is the owner of and an Investment Advisor Representative of Portus Wealth Advisors, a Registered Investment Adviser. Registration does not imply a certain level of skill or training. Opinions expressed on this program do not necessarily reflect those of Portus Wealth Advisors. The topics discussed and opinions given are not intended to address the specific needs of any listener. Portus Wealth Advisors does not offer legal or tax advice, listeners are encouraged to discuss their financial needs with the appropriate professional regarding your individual circumstance. Investments described herein may be speculative and may involve a substantial risk of loss. Interests may be offered only to persons who qualify as accredited investors under applicable state and federal regulation or an eligible employee of the management company. There generally is no public market for the Interests. Prospective investors should particularly note that many factors affect performance, including changes in market conditions and interest rates, and other economic, political or financial developments. Past performance is not, and should not be construed as, indicative of future results.

Welcome to episode number 17 of the FITFO Podcast, where I have conversations with amazing dads, moms, and thought leaders of all different industries to help me figure out how to become the father I want to be for my young girls.  My Guest on this episode is one of the most interesting men I know and someone I am fortunate to call a personal mentor, Mr. Dave Sanders. Dave is an Angel Investor and Membership Chair of the Sacramento Angels, he sits as a Board Member to multiple fast growing startups, one of the founding members of Worldbridge Partners a Forbes ranked & recognized Executive Recruitment firm, a real estate investor, a professional networker leading the Sacramento CIO/CTO networking group and an evangelist for the sacramento region.  There are a number of topics to touch on with Dave but during this conversation we discuss a few he is most passionate about: Angel Investing, the future of talent acquisition and how to intersect entrepreneurship with being a dad. I learn a ton from him every time we speak so I hope you all enjoy this conversation as much as I enjoyed having it! 2:45 Intro to Dave 8:30 what is angel investing  23 how angel investments in your portfolio 25:30 takeaways starting a business during early fatherhood. 28 what is the future of recruitment  31 good LinkedIn micro content!  35 replacing a resume  41 how the future of work is changing higher education systems 41:50 tips for hiring managers  47:05 learn how to learn Connect with Dave: LinkedIn: https://www.linkedin.com/in/worldbridgepartners/details/experience/ Links Referenced in episode: Sacramento Angels: https://sacangels.com/ Angel Capital Association: https://www.angelcapitalassociation.org/ Tech Stars: https://accelerate.techstars.com/ Accredited Investor Definition in 2023: https://www.bankrate.com/investing/accredited-investor/#what-is

This week we're bringing back one of our most popular episodes of all time, “Angel Investing 101.” This episode aired last November and while the fundraising landscape continues to shift and evolve, Marcia's advice continues to ring true as a seasoned angel investor and an important member of the investing landscape. She's actually wrapping up her tenure as the board of the Angel Capital Association because she's been appointed to the US SEC, Securities & Exchange Commission, as a member of the Small Business Capital Formation Advisory Committee, where she'll continue to support entrepreneurs and how fundraising works. Marcia's the kind of person you want to learn from and with the number of requests in the Startup CPG Slack I've been seeing around learning about angel investing, I thought it was time to once again share Marcia's wisdom. We're also migrating podcast hosting platforms, so you shouldn't experience any interruptions to your listening experience, except that if you like to listen via web browser instead of a specific podcast app, there's a new link you can use in the show notes. Please reach out to me with any questions at podcast@startupcpg.com and if you haven't already, I'd so appreciate a 5 star review on Apple Podcasts or Spotify to help us continue to grow the show. I hope you enjoy this conversation! You've all let me know that fundraising content is some of your favorite, so I thought I would bring my favorite angel investing expert on the show, Marcia Dawood, for a 101 level episode on angel investing. Marcia currently serves as the Chair of the Board of the Angel Capital Association, the professional society for angel investors in the US and globally. She is an investor in several early stage private companies, and in addition to her own investing, she is a Venture Partner with Mindshift Capital and a part of the investment committee for Next Wave Impact Fund. Marcia and I actually met at an Angel Capital Association event back when I worked in that industry and I'm so grateful we've been able to stay in touch and that I get to introduce you all to her today. I asked Marcia to help us understand angel investors and their motivations and I think she really delivered.Listen in as Marcia shares about: Definitions of an angel investor and angel groups The prerequisites to being an angel investor and how angel investors make returns and impact The difference between crowdfunding and fundraising from angel investors Tips for deciding whether to seek outside investment from angel investors Inside the angel investor mindset and how to build your outreach and pitches to get the best response The function of a board of directors and the role of board members Resources for learning about angel investing and why you need a good startup attorney How to find and connect with angel investors and keep them up to date, whether they've invested already or not And more! And, stay tuned at the end for the first ever bonus segment - today featuring Startup CPG Shelfie Award winner, Uproot Teas (at minute 52:53). Marcia and I will share our reviews of Uproot mid-episode and then at the end of the episode, you can catch a mini-interview with Uproot Tea's founder, Cindy, to learn more!This episode was sponsored by Promomash + Crisp. Go to promomash.com/startupcpgThis episode was sponsored by Maven Agency. Go to strategymavenagency.comThis episode was sponsored by IFT. Go to iftevent.orgEpisode Links: Marcia's website & LinkedIn Angel Capital Association website Marcia's Podcast: The Angel Next Door Podcast Marcia's TEDx Talk: Do Good While Doing Well Resources mentioned by Marcia:  Angel Funders Report Angel Investor vs Venture Capitalist Rap Battle video by Marcia (a must watch!) Video tool: Loom Book: Build Your Board, Build Your Business by Barbara Clarke National Venture Capital Association Document Library StartEngine Platform Demystifying Angel Investing:  An Introduction to the World of Startups Webinar Link Next Wave Impact Fund Coralus (formerly SheEO) Uproot Teas: Cindy's Linkedin Uproot Teas website & IG @uproot.teas Use code STARTUPCPG for 10% off! Promomash/Crisp Links: Try Promomash + Crisp free for 30 days here Webinar recording: Promomash + Crisp Present: The Next Big Thing in WFM Demo Analytics Webinar recording: Distributor Data 101: 5 Things Brands Should Be Tracking and Why Strategy Maven Agency Links: Strategy Maven website Book your free account audit here IFT Links: Exhibit at IFT FIRST Attend IFT FIRST IFT website Show Links: Join the Startup CPG Slack community (12K+ members and growing!) Follow @startupcpg Visit host Jessi's Linkedin or website Questions or comments about the episode? Email Jessi at podcast@startupcpg.com Episode music by Super Fantastics

Click Here to read Marcia's profile on LinkedInClick here to learn more about Congressman KustoffClick here to read the press release about the Small Business Investment Act Learn more about the House Committee on Ways and MeansClick here to find out more about the Angel Capital AssociationTake courses to learn how to be an angel investor at Angel University - click here for info!Want to reach the Angel Capital Association? CLICK HEREHave ideas for the show?  Email us at theacaangelnextdoorpodcast@gmail.com

Click Here to read Marcia's profile on LinkedInClick here to read about Commissioner Peirce on SEC.govClick here to read speeches and statements from Commissioner PeirceClick here to find out more about the Angel Capital AssociationTake courses to learn how to be an angel investor at Angel University - click here for info!Want to reach the Angel Capital Association? CLICK HEREHave ideas for the show?  Email us at theacaangelnextdoorpodcast@gmail.com

Click Here to read Marcia's profile on LinkedInClick here to learn more about Congresswoman Ann WagnerClick here to read ACA's Data Insights on the Desert Angels impact studyMore on the House Financial Services CommitteeClick here to read about and watch the Financial Services hearing with Eli Velasquez  Click here to find out more about the Angel Capital AssociationTake courses to learn how to be an angel investor at Angel University - click here for info!Want to reach the Angel Capital Association? CLICK HEREHave ideas for the show?  Email us at theacaangelnextdoorpodcast@gmail.com

Click Here to read Marcia's profile on LinkedInClick here to read Mark Herschberg's profile on LinkedInLearn more about the Career Toolkit book and more resourcesCheck out the Brain Bump app hereClick here to find out more about the Angel Capital AssociationTake courses to learn how to be an angel investor at Angel University - click here for info!Want to reach the Angel Capital Association? CLICK HEREHave ideas for the show?  Email us at theacaangelnextdoorpodcast@gmail.com

On this episode of Investor Connect, Hall welcomes Hayden Blackburn, executive director of TechFW and director of Cowtown Angels. Based in Fort Worth, TX, Cowtown Angels is an angel network that connects entrepreneurs seeking early-stage funding with local investors in an environment that accelerates growth and rewards strategic risk-taking. Cowtown Angels is a program of TechFW, and is a member of the Angel Capital Association and the Alliance of Texas Angel Networks. TechFW is a 501(c)(3) non-profit organization that has been helping entrepreneurs launch and grow emerging technology companies since 1998. TechFW identifies entrepreneurs and startup companies with technologies that have a high potential for success in the marketplace. Hayden has centered his career around social entrepreneurship and economic development. He is passionate about helping people realize their dreams and creating a positive impact in the world. Hayden coaches entrepreneurs commercializing innovative technologies, facilitates connections between entrepreneurs and angel investors, partners with universities to commercialize technologies, and is a leader in the development of an entrepreneurial culture and mindset across the Dallas-Fort Worth region.  Hayden has helped organize multiple community staples for entrepreneurs, including Startup Weekend and 1 Million Cups Fort Worth. Hayden serves on the boards of organizations working in economic development and education, including Near Southside Inc., the Fort Worth Public Library Foundation, and the International Business Innovation Association. Hayden dives deep into the role of investors and founders, the importance of learning, and the future of Angel groups.  Visit Cowtown Angels at , . And, TechFW at ,   Reach out to Hayden at , and . _______________________________________________________ For more episodes from Investor Connect, please visit the site at:    Check out our other podcasts here:   For Investors check out:   For Startups check out:   For eGuides check out:   For upcoming Events, check out    For Feedback please contact info@tencapital.group    Please , share, and leave a review. Music courtesy of .

Click Here to read Marcia's profile on LinkedInClick here to read Kim Banham's profile on LinkedInClick here to learn more about Connetic VenturesClick here to find out more about the Angel Capital AssociationTake courses to learn how to be an angel investor at Angel University - click here for info!Want to reach the Angel Capital Association? CLICK HEREHave ideas for the show?  Email us at theacaangelnextdoorpodcast@gmail.com

Click Here to read Marcia's profile on LinkedInClick here to read Dawn Batt's profile on LinkedInLearn more about Commune AngelsClick here to read more about the Catalyst Angel ProgramCheck out AJA LabsLearn more about EspervitaClick here to find out more about the Angel Capital AssociationTake courses to learn how to be an angel investor at Angel University - click here for info!Want to reach the Angel Capital Association? CLICK HEREHave ideas for the show?  Email us at theacaangelnextdoorpodcast@gmail.com

ABOUT COLETTE COURTION   Named one of Inc. Magazines Top 100 Female Founders of 2020, Courtion is a distinguished and award-winning consumer marketer, inventor (21 issued patents), and femtech leader who is revolutionizing the $600 billon dollar menopause market with Joylux—the leader in at-home medical devices, personal care products and digital tools for menopausal women experiencing vaginal and sexual health issues. With over 20 years of cross-functional expertise leading consumer product, retail, and medical device companies, she is known as a category creator in the emerging health and wellness space. Prior to founding Joylux and her other two skincare related start-ups, she was a marketing executive with Starbucks responsible for launching and growing the Starbucks Card and Customer loyalty program into a multi-billion-dollar business. Courtion and her companies have earned numerous accolades including the AARP Innovation Lab's Women's Health Award (2021), Angel Capital Association's Most Innovative Company (2019), Best Product of the Year (2003) for Starbucks Duetto Card from Business Week, Top 15 Women of Influence (2009) in Seattle and Top 40 Under 40 leaders (2006) in Seattle from Puget Sound Business Journal.ABOUT JOYLUX  Joylux is a leading menopausal platform company offering high-tech home-use medical and wellness devices, digital tools, and products that address menopause-related intimate health concerns such as incontinence, vaginal dryness, sexual function, hot flashes, and other common symptoms. Their hero product is the vFit/ vSculpt device – the first home-use device clinically-validated to improve genitourinary syndrome of menopause using photobiomodulation technology. Joylux products are sold in over 10 countries around the world under the brands Joylux, vFit, vSculpt, Cooling Care, and HER Intimate Care. Our mission is to help women find delight in their lives, through all phases of menopause.To get your own vFit (in the USA) click hereTo get your own vSculpt (in Canada) click here Find Colette and Joylux at Facebook: https://www.facebook.com/joyluxInstagram: https://www.instagram.com/joyluxinc/LinkedIn: https://www.linkedin.com/company/joyluxinc/Pinterest: https://www.pinterest.com/joyluxofficial/TikTok: https://www.tiktok.com/@joyluxincTwitter: https://twitter.com/joyluxinc*******************I recommend checking out my comprehensive pelvic health education and fitness programs on my Buff Muff AppYou can also join my next 28 Day Buff Muff Challenge https://www.vaginacoach.com/buffmuffIf you are feeling social you can connect with me… On Facebook https://www.facebook.com/VagCoachOn Instagram https://www.instagram.com/vaginacoach/On Twitter https://twitter.com/VaginaCoachOn The Web www.vaginacoach.com

Click Here to read Marcia's profile on LinkedInClick here to read about and watch the Financial Services hearingClick here to read Eli Velasquez's profile on LinkedIn  Click here to find out more about the Angel Capital AssociationTake courses to learn how to be an angel investor at Angel University - click here for info!Want to reach the Angel Capital Association? CLICK HEREHave ideas for the show?  Email us at theacaangelnextdoorpodcast@gmail.com

Click Here to read Marcia's profile on LinkedInClick here to read Jenny Lane's profile on LinkedInClick here to learn more about the Ohio Impact FundClick here to learn more about SSBCIClick here to learn more about JobsOhioClick here to find out more about the Angel Capital AssociationTake courses to learn how to be an angel investor at Angel University - click here for info!Want to reach the Angel Capital Association? CLICK HEREHave ideas for the show?  Email us at theacaangelnextdoorpodcast@gmail.com

Named one of Inc. Magazines Top 100 Female Founders of 2020, Collette Courtion is a distinguished and award-winning consumer marketer, inventor (21 issued patents), and femtech leader who is revolutionizing the $600 billon dollar menopause market with Joylux—the leader in at-home medical devices, personal care products and digital tools for menopausal women experiencing vaginal and sexual health issues. With over 20 years of cross-functional expertise leading consumer product, retail, and medical device companies, she is known as a category creator in the emerging health and wellness space. Prior to founding Joylux and her other two skincare related start-ups, she was a marketing executive with Starbucks responsible for launching and growing the Starbucks Card and Customer loyalty program into a multi-billion-dollar business. Courtion and her companies have earned numerous accolades including the AARP Innovation Lab's Women's Health Award (2021), Angel Capital Association's Most Innovative Company (2019), Best Product of the Year (2003) for Starbucks Duetto Card from Business Week, Top 15 Women of Influence (2009) in Seattle and Top 40 Under 40 leaders (2006) in Seattle from Puget Sound Business Journal. In this episode, Collette discusses the inspiration behind Joylux and how her company is changing the way women take care of their intimate health. Collette started Joylux after experiencing challenges with traditional products on the market and realizing the need for more personalized solutions. Joylux is a leading menopausal platform company offering high-tech home-use medical and wellness devices, digital tools, and products that address menopause-related intimate health concerns such as incontinence, vaginal dryness, sexual function, hot flashes, and other common symptoms. Their hero product is the vFit/ vSculpt device – the first home-use device clinically-validated to improve genitourinary syndrome of menopause using photobiomodulation technology. Joylux products are sold in over 10 countries around the world under the brands Joylux, vFit, vSculpt, Cooling Care, and HER Intimate Care. Our mission is to help women find delight in their lives, through all phases of menopause. Collette emphasizes the importance of taking care of intimate health and the positive impact it can have on overall well-being. She expresses her passion for empowering women to take control of their intimate health and her commitment to continuing to develop innovative solutions to meet the needs of women everywhere. Listen to this Takin' Care of Lady Business episode with Collette Courtion about how she and Joylux are revolutionizing the women's health industry and providing personalized solutions to improve women's intimate well-being. Here is what to expect on this week's show: - The Story of founding Joylux, a company dedicated to providing innovative women's health solutions - Understanding menopause and perimenopause - The challenge of promoting female sexual health products through social media - Securing capital for a business within the sexual health sector - The importance of educating women about perimenopause, with the ultimate goal of breaking down taboos Quotes: “If your OB is saying you're not in menopause yet or you're fine, fire them immediately, if you're over 40. Like that's ridiculous, because you want to get ahead of these things and understand what your body is going through.” – Jennifer Justice “Menopause is a life stage, it's not a disease.” - Collette Courtion “Women should have equal rights with men in terms of our bodies. In terms of how we talk about our bodies, a vagina is really no different than a different than a penis.” - Collette Courtion Connect with Collette, Joylux, and Mommy Matters: www.Joylux.com/ www.Mommymatters.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Click Here to read Marcia's profile on LinkedInClick here to read Alisha Griffey's profile on LinkedInClick here to learn more about Daintree Capital  Click here to find out more about the Angel Capital AssociationTake courses to learn how to be an angel investor at Angel University - click here for info!Want to reach the Angel Capital Association? CLICK HEREHave ideas for the show?  Email us at theacaangelnextdoorpodcast@gmail.com

Click Here to read Marcia's profile on LinkedInClick here to read Jake Whitman's profile on LinkedInClick here to check out Really Good Boxed Wine (Use Promo code ANGEL, for 15% off your first order)  Click here to learn more about Queen City AngelsClick here to see 4 bottles of wine vs. a box of Really Good Boxed WineClick here to find out more about the Angel Capital AssociationTake courses to learn how to be an angel investor at Angel University - click here for info!Want to reach the Angel Capital Association? CLICK HEREHave ideas for the show?  Email us at theacaangelnextdoorpodcast@gmail.com

Click Here to read Marcia's profile on LinkedInClick Here to read John Harbison' profile on LinkedInClick here to learn more about Tech Coast AngelsClick here to read the Angel Funders ReportClick here to learn more about the Angel Insight PublicationsClick here to sign up for Angel Insight Monthly mailing listClick here to find out more about the Angel Capital AssociationTake courses to learn how to be an angel investor at Angel University - click here for info!Want to reach the Angel Capital Association? CLICK HEREHave ideas for the show?  Email us at theacaangelnextdoorpodcast@gmail.com

Click Here to read Marcia's profile on LinkedInClick here to read Dr. Lyndsey Harper's profile on LinkedInClick here to redeem a FREE 1-Month Rosy Silver Membership or use code “ACAROSY”Click here to learn more about RosyClick here to learn more about Mindshift Capital  Click here to find out more about the Angel Capital AssociationTake courses to learn how to be an angel investor at Angel University - click here for info!Want to reach the Angel Capital Association? CLICK HEREHave ideas for the show?  Email us at theacaangelnextdoorpodcast@gmail.com

Click Here to read Marcia's profile on LinkedInClick Here to read Tony Shipley's profile on LinkedInClick Here to learn more about Queen City AngelsClick here to learn more about how ACA is active with Public Policy'sClick here to learn more about ACA's Grassroots ToolkitClick here to find out more about the Angel Capital AssociationTake courses to learn how to be an angel investor at Angel University - click here for info!Want to reach the Angel Capital Association? CLICK HEREHave ideas for the show?  Email us at theacaangelnextdoorpodcast@gmail.com

Click here to read Marcia's profile on LinkedInClick here to read Howard Marks' profile on LinkedInClick here to learn more about ActivisionClick here to learn more about StartEngineClick here to learn more about SeedInvestLink to Howard's blog pageClick here to find out more about the Angel Capital AssociationTake courses to learn how to be an angel investor at Angel University - click here for info!Want to reach the Angel Capital Association? CLICK HEREHave ideas for the show?  Email us at theacaangelnextdoorpodcast@gmail.com

You've all let me know that fundraising content is some of your favorite, so I thought I would bring my favorite angel investing expert on the show, Marcia Dawood, for a 101 level episode on angel investing. Marcia currently serves as the Chair of the Board of the Angel Capital Association, the professional society for angel investors in the US and globally. She is an investor in several early stage private companies, and in addition to her own investing, she is a Venture Partner with Mindshift Capital and a part of the investment committee for Next Wave Impact Fund. Marcia and I actually met at an Angel Capital Association event back when I worked in that industry and I'm so grateful we've been able to stay in touch and that I get to introduce you all to her today. I asked Marcia to help us understand angel investors and their motivations and I think she really delivered. Listen in as Marcia shares about: - Definitions of an angel investor and angel groups - The prerequisites to being an angel investor and how angel investors make returns and impact - The difference between crowdfunding and fundraising from angel investors - Tips for deciding whether to seek outside investment from angel investors - Inside the angel investor mindset and how to build your outreach and pitches to get the best response - The function of a board of directors and the role of board members - Resources for learning about angel investing and why you need a good startup attorney - How to find and connect with angel investors and keep them up to date, whether they've invested already or not - And more! And, stay tuned at the end for the first ever bonus segment - today featuring Startup CPG Shelfie Award winner, Uproot Teas (at minute 52:53). Marcia and I will share our reviews of Uproot mid-episode and then at the end of the episode, you can catch a mini-interview with Uproot Tea's founder, Cindy, to learn more!

ESG Decoded is a podcast powered by ClimeCo to share updates related to business innovation and sustainability in a clear and actionable manner. In this episode, Amanda Hsieh talks with Juliana Garaizar, Head of Houston Incubator and VP of Innovation for Greentown Labs. Juliana is a Board Member of the Angel Capital Association and the Lead Investor of the Portfolia Rising America Fund, which invests in BIPOC and LGTBQ founders, Portfolia Consumer, and Rising Tide Funds. She is an active Advisory Board Member of the Houston Diversity Fund, Investors of Color Network, Latin Startup Alliance, and Impulse4women. As a Kauffman Fellow experienced in bridging the gender gap in investing, she is a vital part of the City of Houston's Women Commission. Juliana holds an MBA from the London Business School and Haas School of Business, Berkeley, specializing in Entrepreneurship. Listen as Amanda and Juliana discuss how Greentown Labs, the largest climate tech startup Incubator in North America, is driving innovative solutions for climate change, emerging trends, and their intentional efforts to create positive impacts for diversity, equity, and inclusion. Make sure to subscribe to ESG Decoded on your favorite streaming platforms and our new YouTube Channel so that you're notified of our vodcast episodes! Don't forget to connect with us on our social media channels. Enjoy this episode! Interested in being a guest on the podcast? For consideration and scheduling, please fill out this form. Resource Links Greentown Labs Website: https://greentownlabs.com/ Houston Angel Network: https://www.houstonangelnetwork.org/ Portfolia.co: https://www.portfolia.co/

Marcia Dawood is an investor who has invested in over 200 early-stage private companies. She's also a Venture Partner with Mindshift Capital. Mindshift Capital is a global, women-run venture firm investing in notable women-led companies solving big problems with sophisticated solutions. Marcia is also part of the Investment Committee for the Next Wave Impact Fund, serves as a Board Member and Advisor to Zive and Misfits Bakehouse, and is an Activator for SheEO. Marcia currently serves as Chair of the Board of the Angel Capital Association. In this episode… Angel investing is a risky asset class, and financial advisors often discourage putting in more than five to 10% of your net worth — and they are right. But many entrepreneurs either do not know this or do not factor it into their plan when contacting angel investors. So, these entrepreneurs see angel investors as always ready to write a check. After all, that's what they do, right?  Nothing could be farther from the truth. From the invaluable experience and skills they bring to the vast network of willing helpers in their circle, there's more to angel investing than writing checks. Beyond money and business, they also have access to tech, tools, and research to live a healthy life and advocate the same for others. All that and more make for smart and healthy angel investing. Want to learn more?  Listen to this episode of the Inspired Insider Podcast with Dr. Jeremy Weisz, featuring Marcia Dawood, Venture Partner with Mindshift Capital and Chair of the Board of the Angel Capital Association. They discuss Marcia's journey as a female angel investor, her investment strategy, mistakes entrepreneurs should avoid when contacting angel investors, preventing scary diseases, and more.