Overview
Early stage investing can be challenging to navigate for the first time. So we will learn from the pros.
We will cover the following topics:
The basics of building an angel portfolio
Due diligence process for angel investing
What to look for in a pitch deck
Theory and practice of asset allocation for angel investing
Evaluating potential ROI
Timeline expectations for company to mature and have an exit
Overlooked pitfalls and hurdles
Speakers
Daniel Curran, Angel Investor
Daniel Curran is a Sillicon Valley Top Angel Investor ranked #7 by Forbes based on investment volume and successful exits.
Daniel has invested in over 176 startups with 8+ Unicorns, an 8x+ TVPI, and 110+ LinkedIn Founder recommendations. Daniel is currently focused as Founder and CEO of CustEx that enables customers and BLM/2020 Election voters to force improvements.
An x-Rocket Scientist who thinks 100+ years ahead about the entire Universe, he’s dedicated to making immortality, stopping and reversing aging, and cryonics commonplace with the investment ramifications these open. He finds few investors with the same view and sees huge opportunities for UHNW and Family Offices to leapfrog vc’s with a more liquid structure that is warranted in the current unsustainable public and private investing bubbles.
Lorine Pendleton, Esq., Partner, Portfolia Fund
Lorine was named by Marie Claire as one of the “Most 50 Connected Women in America,” by Worth as one of the 16 Financial Powerhouses in their March Women & Wealth issue, by Medium as one of the “200 Women of Color to Follow on Twitter," and by Black Enterprise as "20 Angel Investors You Should Know."
She is also an investment partner in Portfolia Funds, an innovative platform that brings together growth-stage companies, and a collaborative network of investors in a unique combination of angel investing and micro-funding.
She practiced as an attorney at Londell McMillan PC, a leading boutique entertainment law firm, where she structured and negotiated multi-faceted entertainment and media deals on behalf of clients such as Prince, Spike Lee, Ruff Ryders Records, Faith Evans, Stevie Wonder, Chaka Khan, and the estate of the Notorious BIG.
Tim Draper, Founding Partner, Draper Associates
Tim Draper is a top global venture capitalist, having founded Draper Associates, DFJ and the Draper Venture Network, a global network of venture capital funds. The firms’ investments include Coinbase, Robinhood, TwitchTV, Skype, Tesla, Baidu, Focus Media, YeePay, Hotmail, SolarCity, Athenahealth, Box, SpaceX, Cruise Automation, Carta, Planet, PTC, Ledger and many others.
He is a leading spokesperson for Bitcoin, Blockchain, ICOs and cryptocurrencies, having won the Bitcoin US Marshall’s auction in 2014, and led investments in the companies that would issue two of the largest ICO’s: Tezos and Bancor. He created viral marketing, a marketing method for exponentially spreading an electronic service from customer to customer, instrumental to the successes of Hotmail and Skype and other applications, particularly effective for mail and communications applications. Arguably, social media, crowdsourcing and growth hacking are all outgrowths of Tim’s invention of viral marketing.
He is regularly featured on all major networks as a proponent for entrepreneurship, innovative governance, free markets and Bitcoin, and has received various awards and honors including the World Entrepreneurship Forum’s “Entrepreneur of the World,” and is listed as one of the top 100 most powerful people in finance by Worth Magazine, the top 20 most influential people in Crypto by CryptoWeekly, #1 most networked VC by AlwaysOn, #7 on the Forbes Midas List, and #48 most influential Harvard Alum.
In promoting entrepreneurship, he created Draper University of Heroes, a residential and online school based in San Mateo, Ca to help extraordinary people accomplish their life missions. The school launched entrepreneurs from 76 countries who built 350 companies including NVision (sold for $275 million) and crypto leaders QTUM, Spacecash, DataWallet and Credo. He authored a popular entrepreneur’s text book called, “How to be The Startup Hero” and created a crowdsourced TV series with Sony Network called “Meet The Drapers,” where viewers can invest in participants. ABC Family created another show, “StartupU,” around the activity and students of Draper University.He has more than 100,000 Twitter followers.
He started Innovate Your State, a non-profit dedicated to crowdsource innovation in government, and BizWorld, a non-profit that teaches young children how business and entrepreneurship work.
He served on the California State Board of Education, and led a movement for Local Choice in schools culminating in becoming proponent for a statewide initiative for School Vouchers. He also led an initiative to create competitive governance with Six Californias, followed by Three Californias, which was approved for the ballot, but was rejected by the California Supreme Court before the vote. He received the “Toqueville” Award for freedom from the Independent Institute.
Tim Draper received a Bachelor of Science from Stanford University with a major in electrical engineering and a Master of Business Administration from the Harvard Business School. He has two honorary doctorates from The International University and Trinity College of Dublin. He gave the commencement speech at USC’s Marshall School of Business in 2017.
Baron Davis, Founder of Baron Davis Enterprises, Investor, Former NBA Player
Baron Davis is a two-time NBA All-Star, serial-entrepreneur, investor and creator of thought-provoking content and platforms.
During his years in the NBA, Davis was constantly listening, learning, networking, and connecting both on the court and off which ignited a successful post-NBA business career. Through the process of being his own agent he failed forward fast in the role of being a business owner. He decided to use his platform and the knowledge he gained to support others, with impact and purpose investing he funded entrepreneurs and start-ups that he believed in, also adding supporting and strategic roles as advisor, investor or brand ambassador.
“One of my favorite things about this funding round is the way NBA player Baron Davis got involved. He was an actual user of the product and reached out to the company via the app to find out how he could get involved and speak to the executive team.” Nan Wang, CEO – Sleeper
He continued to see opportunities and gaps in several industries and when he couldn’t find companies that filled those gaps, he created them. Davis is the founder of several companies, including Sports and Lifestyle in Culture (SLiC), Business Inside the Game (B.I.G.), The Black Santa Company, and No Label; each with the objective of combining creative talent with original publication and production to develop and provide educational and empowering stories that appeal to global audiences of all ages. SLiC creates original content that showcases the lifestyle of athletes, entertainers, and artists. B.I.G. is a management services operator that focuses on black and minority founders, whose mission and impact investments are to close the wealth gap while creating next gen leaders. The Black Santa Company is a subsidiary of Uwish which celebrates diversity in storytelling through engaging content and high-quality products. Baron has also invested in the LAUFND Foundation which is a company that brings athletes and local heroes together.
Davis was one of the original investors in Vitaminwater and helped launch Thrive Market. This year he invested in Kitu Super Coffee, an organic ready-to-drink coffee company. His most recent venture is an investment in a College savings App called UNest where he is the Brand Ambassador. Davis has also invested in Hims, Bungalow, Sleeper and Vidy.
These companies that Baron has invested in are a part of the B.I.G. factory and accelerator. As an investor, Baron has explored different industries with the idea that Sports touches all things which includes Consumer, Media, Technology, Health and Education.
Baron has been in the media and tech space since 2004. These companies include Ibeatyou.com which was acquired by Photo Bucket in 2006. NOC which was acquired by Vice Sports in 2008 and Woven/Uproxx which was acquired by Warner media.
Davis also served as producer of several acclaimed documentaries including “Crips and Bloods: Made In America,” “30 for 30: Sole Man,” and “The Drew: No Excuse, Just Produce.”
Davis currently resides in his hometown of Los Angeles where he plays his most important role, Dad to his two kids.
Tom Zuber, Managing Partner, Zuber Lawler
Tom Zuber is a founder and the Managing Partner of Zuber Lawler. Tom is the relationship partner for some 10 Fortune 500 Company clients of the firm, as well as funds and government entities. He has also represented leading cannabis companies for over 12 years. Zuber Lawler as a firm manages the highest-stakes matters of a large percentage of the biggest brands in global cannabis. Tom is also a founder of the international cannabis consulting company Global Go. He earned a J.D. degree Columbia Law School, a masters in public policy degree from Harvard University, and a biomedical engineering degree from Rutgers University, where he graduated with highest honors.
Agenda
2:00pm to 2:45pm Angel Investing Overview
Alexis Johnson, President, Legends Investment Network (Host)
Tom Zuber, Managing Partner, Zuber Lawler (Moderator)
Lorine Pendleton Esq., Partner Portfolia Fund
Tim Draper, Founding Partner, Draper Associates
Baron Davis, Founder of Baron Davis Enterprises, Investor, Former NBA Player
2:45pm to 3:00 pm Q & A
3:00 pm to 3:45 pm Angel Investing Best Practices (Deep Dive)
Daniel Curran, Angel Investor
3:45 pm to 4:00pm Q &A
