Ask HN: Who Are the Investors on HN?
Now and again I see someone say they're an investor, perhaps the kind who'd be willing to hear a pitch. Is there a registry or summary of such HNers somewhere? Perhaps one that says what type of investment they want to see, amounts, what stage, etc?
63 comments
Over the last 20 years I have founded and co-founded multiple software startups myself so I know a bit about making a software business successful.
I would love to invest something like $100K in small software startups. But I have no idea how to go about it.
My favorite approach would be to band together with a few other small time investors and put $10k of my money into 10 different companies each.
One issue is that all my friends are still in the "dreaming about building a startup" phase. Nobody in my circle has the money/interest to invest.
The other issue is that I don't know how to find startups to invest in.
I would love to invest something like $100K in small software startups. But I have no idea how to go about it.
My favorite approach would be to band together with a few other small time investors and put $10k of my money into 10 different companies each.
One issue is that all my friends are still in the "dreaming about building a startup" phase. Nobody in my circle has the money/interest to invest.
The other issue is that I don't know how to find startups to invest in.
You should check out AngelList (https://angel.co/) and find a few syndicates of successful investors that you'd like to join.
The going rate for seed rounds right now in SV is $5M/20%. I know 3 different founders that got this deal relatively easily in the last year.
I don't have a solution for this in general, but I do have a specific company that is looking for that level of funding -- feel free to reach out if you're interested to hear more!
I'm in a similar position. Made money (> 2 mio) with side projects and smart investments and would love to invest 10 ~10k into good looking projects but it is difficult finding them, especially since I don't live in the US or SF. I tried to register for syndicates but they ask for previous investments which is a chicken and egg problem. I haven't invested in other projects before, I successfuly build my own side projects.
I don't know if this is appropriate, but since it's the only way to contact you:
I run Niceboard.co, currently looking to raise first money (~100-150k), profitable SaaS business, growing month over month, would be happy to send you a pitch deck and chat.
I run Niceboard.co, currently looking to raise first money (~100-150k), profitable SaaS business, growing month over month, would be happy to send you a pitch deck and chat.
Thank you for sharing - just so you know HN loves to hear stories about successfull side projects. If yoy haven’t already, it would be great if you post about it in great detail.
Relevant for new angel investors
https://www.onstartups.com/a-weird-and-wacky-approach-to-ang...
https://www.onstartups.com/a-weird-and-wacky-approach-to-ang...
I don't think 10k will go very far. I think it makes more sense to team up with a few people who are also willing to invest and help companies raise $XXX,000 for a serious seed round and take an advisory role to help these companies succeed.
To find startups have a look at https://upvising.net - there's a matching algo that shows you relevant startups based on your profile.
Check out https://www.thesyndicate.com/. I just joined, as I’m in a similar boat.
I’m part of it and despite Jason C having obviously a very good track record I find myself very unimpressed with deal flow quality. I’ve invested in 75 or so startups via AL and exactly 0 through the syndicate. I’m usually not into consumer stuff though so In fairness that’s a good part of why.
Investing into something like Tinyseed might be what you are looking for.
Program Director at TinySeed here — we're right at the tail-end of fundraising for our second fund, check out our investment thesis here: https://tinyseed.com/thesis
You're not gonna like it but I think buying crypto might provide this. Many projects/teams/small startups provide the equivalent of equity via their tokens. Investing in those is a bit like providing seed funds.
Of course, tons of scams, but there's some real projects out there too.
Of course, tons of scams, but there's some real projects out there too.
The problem with crypto is that there is no good on-ramp.
For example: To buy crypto on Coinbase, you have to send them a scan of your passport and your bank accounts. I don't want a foreign company to have a copy of my passport.
For example: To buy crypto on Coinbase, you have to send them a scan of your passport and your bank accounts. I don't want a foreign company to have a copy of my passport.
I'm fairly skeptical of cryptocurrency hype personally, but if you want to invest 6 figure sums in a startup company, that's a legal agreement, and you're going to be giving a lot more personal information than that to the entities involved. This is no time to be squeamish about who has a copy of your passport.
It is not about providing informtion. But having a copy of my passport allows the other party to identify as me to other parties. That is something I want to avoid.
Not entirely true. You can use https://localbitcoins.com/ to buy bitcoin without an exchange and then use Uniswap to invest into up and coming tokens. If they're on Coinbase, it is often already too late to be an early stage investor.
I thought localbitcoins was made illegal in the USA unless the seller has a certian money handling license? It could just be an NY/CA thing, but still...
Localbitcoins seem to do the same digital KYC dance as Coinbase. So you will probably also have to copy your passport for them.
Unless you're in a country that literally outlawed any form of crypto you must have some sort of local company/exchange that would take your money so you can trade. You just have to look for it.
I'm an engineer turned VC, and I read HN on most days.
Eng career: one of the first 10 engineers at LinkedIn and Factual, and one of the first 10k engineers at Google.
Investing: I'm a partner at Susa Ventures. We're a $90m seed fund and we've backed companies like Robinhood, Flexport, and Fast at seed stage.
- $1m-$1.5m checks, generally when companies are raising $2m-$5m. - the 4 areas where we're most active are enterprise SaaS, fintech, logistics/supply chain, and healthcare IT. - we can invest pre-launch or pre-product, but prefer for there to be an MVP and idealy a few early pilots/contracts/users. - we like companies that have the potential to build strong moats in the long run (network effects, proprietary data, etc.)
Easiest ways to reach me: @lpolovets on Twitter or leo at susaventures.com
I've gotten more and more bandwidth constrained as our fund has grown, but I do my best to reply to emails/DMs where I'm a fit or could be helpful. If you mention HN, I'll prioritize your email. :)
Eng career: one of the first 10 engineers at LinkedIn and Factual, and one of the first 10k engineers at Google.
Investing: I'm a partner at Susa Ventures. We're a $90m seed fund and we've backed companies like Robinhood, Flexport, and Fast at seed stage.
- $1m-$1.5m checks, generally when companies are raising $2m-$5m. - the 4 areas where we're most active are enterprise SaaS, fintech, logistics/supply chain, and healthcare IT. - we can invest pre-launch or pre-product, but prefer for there to be an MVP and idealy a few early pilots/contracts/users. - we like companies that have the potential to build strong moats in the long run (network effects, proprietary data, etc.)
Easiest ways to reach me: @lpolovets on Twitter or leo at susaventures.com
I've gotten more and more bandwidth constrained as our fund has grown, but I do my best to reply to emails/DMs where I'm a fit or could be helpful. If you mention HN, I'll prioritize your email. :)
Not sure there's a particular spreadsheet or anything of investors on HN, but it could be a fun idea.
For what it's worth- I'm an angel investor (past life: early GitHub, advisor at GitLab). I'm also starting an angel syndicate for former GitHub employees, too, so that might be a good option for you if you're in the devtools space and want a bunch of experienced Hubbers on your cap table.
For what it's worth- I'm an angel investor (past life: early GitHub, advisor at GitLab). I'm also starting an angel syndicate for former GitHub employees, too, so that might be a good option for you if you're in the devtools space and want a bunch of experienced Hubbers on your cap table.
Always liked your blogs and slides even the ones you wrote in about downtime/depression where relatable and helpful. thanks so much, nice to see you're helping others out with your investments!
Thanks! Really appreciate it. :)
Perhaps there is space for monthly "Who's raising?" and/or "Who's investing?" threads.
Investing (especially in start-ups) is about information arbitrage. HN strives to be about actual concrete information. Keep BS off HN.
How is this different from the monthly "Who's hiring" and "Who wants to be hired" posts?
Employer/Employee and Investor/Investee relationships are so much more complicated.
If you can't see how they are so different then...well...you're probably not ready to Invest and that lack of experience would be a turn off for Investors
If you can't see how they are so different then...well...you're probably not ready to Invest and that lack of experience would be a turn off for Investors
I'm not interested in investing or seeking investment. I'm interested in the question I asked, which was not answered.
I think this is a terrible idea.
The answer to "who's raising?" is: Almost everyone with an idea, but doesn't mean they should.
The answer to "who's investing?" is: Very few but everyone wants to feel like they could.
On the Raising Side - Beyond the immediate risk of breaking various Blue Sky Laws, the sheer volume of completely unprepared and unvetted people trying to raise will drown out everything else. Most people should NOT raise money yet because they haven't figured out their core value prop, can't express what problem(s) they're solving, or don't know who their target market is. Most are in love with their particular solution and you can't do anything to budge them from that.
And others should not raise money ever because their business can't provide the type of returns necessary OR they have no clue that raising money builds a ticking time bomb in their business.
On the Investor Side - anyone active has no problem finding deals. That's not the problem. The real problem is finding "good" deals. There are NO foolproof ways to prove "good" but referrals from trusted people provide a filter and working directly with founders and getting to know them is another.
And that's not even considering the "investors" who wrote a check once ten years ago and now consider themselves an angel and will waste founders' time with nothing to show for it.
We do NOT need this noise on HN. That's what Angelist, Microventures, Wefunder, your local angel network, accelerators, and your own network are for. If you don't have a network, start building one.. but it takes years before it will be productive for you.
Background: Two IPOs under my belt, a handful of angel investments (one is dead, a couple neutral, others are providing returns), a flock of professional failures, and a decade of mentoring companies before, during, and after accelerators.
The answer to "who's raising?" is: Almost everyone with an idea, but doesn't mean they should.
The answer to "who's investing?" is: Very few but everyone wants to feel like they could.
On the Raising Side - Beyond the immediate risk of breaking various Blue Sky Laws, the sheer volume of completely unprepared and unvetted people trying to raise will drown out everything else. Most people should NOT raise money yet because they haven't figured out their core value prop, can't express what problem(s) they're solving, or don't know who their target market is. Most are in love with their particular solution and you can't do anything to budge them from that.
And others should not raise money ever because their business can't provide the type of returns necessary OR they have no clue that raising money builds a ticking time bomb in their business.
On the Investor Side - anyone active has no problem finding deals. That's not the problem. The real problem is finding "good" deals. There are NO foolproof ways to prove "good" but referrals from trusted people provide a filter and working directly with founders and getting to know them is another.
And that's not even considering the "investors" who wrote a check once ten years ago and now consider themselves an angel and will waste founders' time with nothing to show for it.
We do NOT need this noise on HN. That's what Angelist, Microventures, Wefunder, your local angel network, accelerators, and your own network are for. If you don't have a network, start building one.. but it takes years before it will be productive for you.
Background: Two IPOs under my belt, a handful of angel investments (one is dead, a couple neutral, others are providing returns), a flock of professional failures, and a decade of mentoring companies before, during, and after accelerators.
Hate this idea, personally. Everyone thinks they’ve got a million dollar idea.
I hope dang is reading this.
I love this idea!
I love this idea!
i’ve been angel investing for 15 years in approx 250 companies.
check into angellist and nfx signal. also post your project to show HN and people might reach out (i do.)
check into angellist and nfx signal. also post your project to show HN and people might reach out (i do.)
Just out of curiosity, what criteria do you use to reach out when you see a "Show HN" post? I posted last week and I obviously never hinted at wanted to raise funds or such. I would like to post again and maybe be more direct in future postings.
it's really just if it's in an area that i'm interested in.
I run a small VC fund focused on early/seed companies: https://asimovventures.com/portfolio/
We’ve done a lot in robotics and 3D printing. Love talking to founders working on hard technical problems. Feel free to drop me a note, tyler@ [that website link].
Early days, but if by chance you’re doing anything in neurotech definitely reach out. I’m doing a PhD in neuroscience at Stanford and am keen to invest in this burgeoning space.
We’ve done a lot in robotics and 3D printing. Love talking to founders working on hard technical problems. Feel free to drop me a note, tyler@ [that website link].
Early days, but if by chance you’re doing anything in neurotech definitely reach out. I’m doing a PhD in neuroscience at Stanford and am keen to invest in this burgeoning space.
I invest in seed-stage dev tools startups alongside others (most of them are also on HN - here’s a list of people[1]) and I’m also a part of the Uber alumni investment syndicate[2].
[1] https://github.com/sw-yx/devtools-angels/
[2] https://angel.co/uber-alumni-investment-club/syndicate
[1] https://github.com/sw-yx/devtools-angels/
[2] https://angel.co/uber-alumni-investment-club/syndicate
Genuine Question: For somebody not working in the US/SF (and not in a well known startup) but with the desire to invest small amounts into startups (made money with side projects, see https://news.ycombinator.com/item?id=26604106) how would one go about finding a group like that?
Seattle Angel Conference. That's what it's all about. Teaching investors and entrepreurs - with actual deals.
I'm building fDeploy[1] which is a dev tool similar to Octopus Deploy, but more simplified in order to keep it lightweight and more affordable. I never intended to make money off this (started building it when Octopus Deploy removed their free tier), but if there is enough interest, I wouldn't mind switching to fulltime...
[1] https://www.fdeploy.com/
[1] https://www.fdeploy.com/
I am one. I have invested in some YC (and non-YC) companies over the years. About half of my investments are listed here.
https://angel.co/p/diego-basch
https://angel.co/p/diego-basch
raises hand
Early stage dev tools investor here, investing in technical tools for technical people. Focused mainly on seed through Series B.
Portfolio: https://whoisnnamdi.com/portfolio/
Early stage dev tools investor here, investing in technical tools for technical people. Focused mainly on seed through Series B.
Portfolio: https://whoisnnamdi.com/portfolio/
Hey,
I don't think there any many good lists of VCs, Investors etc in general. A friend of mine in the UK is making the "GlassDoor for VCs" which is making great progrss.
I do a fair few investments a year (4-5) a year.
This is a great book - https://www.goodreads.com/book/show/32600757-angel
I don't think there any many good lists of VCs, Investors etc in general. A friend of mine in the UK is making the "GlassDoor for VCs" which is making great progrss.
I do a fair few investments a year (4-5) a year.
This is a great book - https://www.goodreads.com/book/show/32600757-angel
I'm looking to join some AngelList syndicates, if anyone out there is looking for some fresh blood.
We are a startup trying to revolutionize multi-effect pedalboards and we're raising.
https://moddevices.com
I can be reached by email at ale@<our domain>.
https://moddevices.com
I can be reached by email at ale@<our domain>.
Is there a place where founders & investors can more easily connect? Seems like r/startups and r/venturecapital on reddit and AngelList, but I'm wondering if there's a more suitable forum for this type of thing.
Not really a fan of a spreadsheet. We need a place for people at all stages to be able to quantity their asks and be connected.
Not really a fan of a spreadsheet. We need a place for people at all stages to be able to quantity their asks and be connected.
This is what we are trying to do on https://upvising.net we organize the "pitch academy" and every second week we invite three startups to pitch in front of investors, experts and other startups who asked to be invited.
It is amazing the value that comes out from these meetings.
It is amazing the value that comes out from these meetings.
Great idea. I come from high-frequency trading and robotics, and I'm interested in a fairly broad range of B2B software and some B2C. I do have some deal flow through my friends, although I could always do more, and compare notes/share opportunities with others. My email is my profile. To the rest of you who posted, I'll try to reach out to you!
You might want to check your profile, it doesn't look like there is an email address there
Republic.co has a list of companies you can invest in. Most recently, you could invest in Gumroad and Backstage Capital, among others. There is also AngelList syndicates.
[deleted]
[deleted]