Angel Invest Boston

Sal's Investment Syndicate: Click for Sal's Syndicate Page If you’ve used an Amazon Kindle you’ve used tech pioneered by Russ Wilcox and co-founders at E Ink. Russ is now a VC who remembers well the trials of being a founder and is a deep well useful knowledge about building startups. I learned a lot. Highlights include: brief bio of Russ Wilcox the founding story of E Ink the mistake of focusing on a financing strategy rather than product development burning $2 million per month but clients hated the product Golden Lesson for Founders: don’t kill your company by sticking to an unrealistically high valuation; propping up valuation is self-delusion beware liquidation preferences (jargon-free explanation) comparison of VC funding to debt Pillar is a seed-stage VC firm founded by people who have started companies Pillar’s “phantom partners” are 22 startup CEOs who put money into the fund and roll up their sleeves to help Write checks of $1 to $2 million in rounds of $3 to $4 million Put in a lot of time and ene