Richard Chino is passionate about investing in the business environment. In addition to his membership with the Pasadena Angels, Richard has been serving on the Board of ShipHawk, StaffRanker, and C2FO, and is a member of the Advisory Board of Chippmunk.
Today, Richard shares his views on how the Pasadena Angels fit in today’s competitive funding landscape.
Q, With so many options for today’s entrepreneur seeking funds – accelerators, incubators, super angels, crowdfunding – how do you see the Pasadena Angels fitting in?
RC: Often, I see us as complementary components of an investment round. We will rarely —almost never — say, “Okay, we love the company and we’re going to take the whole round, and no one else comes in.”
Dr. Ananth Natarajan is a physician and engineer specializing in the utilization of advanced technology to solve pressing clinical problems. As a member of the Pasadena Angels, he brings extensive experience in the healthcare field to bear on emergent business opportunities.
Dr. Ananth founded Infinite Biomedical Technologies, LLC (IBT) in 1997 and served as the Chief Executive Officer of the company for over ten years. IBT is a medical device company, develops and supplies neurodiagnostic monitoring instruments for clinical care, research, and field setting applications.
Dr. Natarajan received his BSE in Biomedical Engineering and Electrical Engineering from Duke University at age 18, with Distinction. He received an MSE in Biomedical Engineering from J...
There are a lot of great Angel Funding opportunities in Southern California. Each organization utilizes different processes for the funding process.
I have listed below five reasons to bring your deal to the Pasadena Angels.
1) Mentorship: When you submit a deal to our group we select one of our accomplished members to discuss your business with you. The initial conversation will highlight your strengths and weaknesses and expose your opportunities and threats. If you are fortunate enough to continue through our screening, breakfast selection and due diligence you will have experienced successful people mentor through the whole process. This benefit is provided all free of charge. The companies that are funded usually have a Pasadena Angel board member to...
Having started two companies and been on the boards of several more, I have some first hand insights to what work and what doesn’t for early stage companies. While the following are my top four, there are certainly many others. And none of these are truly unique to me.
Similarly, there are always examples of companies who’ve done just the opposite and yet prospered immensely.
a) Amazon losing $7 on each book and making it up in volume,
b) Twitter not needing revenue and
c) Zenga raising money when its not needed.
So without further adieu, here’s what I look for as best practices within an early stage company:
Ideas are easy, Implementations are hard
While its imperative that companies be able to pivot based on customer feedback (see bullet...