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Resignation letter | Reaction Wheel

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I started angel investing to help out a few friends while I thought of an idea for my next startup. When Greg Yardley started Pinch Media (later known as Flurry), I pitched in with a little bit of money and introduced him to Union Square Ventures, First Round Capital, and a few others. They invested and Greg thanked me, USV, and FRC in the press release. It was like opening a spigot. I mean, the truth was—and I knew it then, even if I didn’t want to accept it—I had sucked as an operator. I had previously succeeded as an investor, though that was during the dot-com era so it was hard to know how much was skill and how much was timing. I wanted to make a difference, and investing seemed like the way I could do that. But it was complicated. I did not think I would be able to raise a fund. My previous track record was at a corporate VC, so I wasn’t allowed to share it and, even if I could have, it was impossible to tell from the outside how much of the success was me and how much was the c

Frames are disabled on this site. Click here to read the article. --> I don’t really love you anymore That gold mine changed you Manchester Orchestra I am no longer investing in new companies. This isn’t an indictment of investing now, it’s just that my strategy has run its course. I started angel investing to help out a few friends while I thought of an idea for my next startup. When Greg Yardley started Pinch Media (later known as Flurry), I pitched in with a little bit of money and introduced him to Union Square Ventures, First Round Capital, and a few others. They investe

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