FYI: Jason McCabe Calacanis answered 39 questions including What was the Uber seed round like? What was the dynamic and who led the round?

FYI: Startup Questions / Angel Investing 

From Quroa Recap

January 27, 2016
 Jason McCabe Calacanis answered 39 questions including What was the Uber seed round like? What was the dynamic and who led the round?

Answer: Travis came to my angel group (the Open Angel Forum) and presented the.​.​.​ Jason McCabe Calacanis on January 26, 2016 What was the Uber seed round like? What was the dynamic and who led the round? Jason McCabe Calacanis, Raised $20m+, was EIR at Sequoia and have a $10m angel fund. Inveseted in 40+ startups including Uber. 1.3k votes Travis came to my angel group (the Open Angel Forum) and presented the idea to about 20 angels. Most passed, four of us invested: First Round, Sacca, Cyan and myself. Sacca ...  Read More » A lot of people want to pitch you. What's the best way to get your attention? Jason McCabe Calacanis, Angel investor (Uber, Thumbtack, Wealthfront); Founder: Engadget, Inside, LAUNCH 83 votes 1. send me an InVision link of your product -- I'm a sucker for great design. I click on almost every product link that I get. 2. get an intro from a founder who I've invest...  Read More » Why are people full-time angel investors, rather than become venture capitalists and write bigger checks? Jason McCabe Calacanis, Raised $20m+, was EIR at Sequoia and have a $10m angel fund. Inveseted in 40+ startups including Uber. 126 votes I can't speak for other people, but I can tell you that I'm a solo act not a band member. I'm Bob Dylan, not the Rolling Stones. I've been offered to join the biggest VC firm...  Read More » Is Snapchat a permanent company? Is it here to stay? Jason McCabe Calacanis, Angel investor (Uber, Thumbtack, Wealthfront); Founder: Engadget, Inside, LAUNCH 100 votes If you're under 25 years old you understand that Snapchat is here to stay and why. If you're over 35 years old you can't figure out the interface and don't have any friends ...  Read More » What are the most important characteristics in a Startup that can make you say: Yes I want to invest? Jason McCabe Calacanis, I've build a half dozen successful startups and been privileged to angel invest in another 20. Before doing all of that, I was a journalist covering Web 1.0--which is where I got my MBA. :-) 46 votes 1. Founder with massive skills, drive & ability to learn. 2. Exceptional execution by the founding team on all aspects of the business. 3. The ability to explain to me how #...  Read More » In your opinion, what markets, industries, or products are the next billion dollar unicorns going to be coming from? Jason McCabe Calacanis, I've build a half dozen successful startups and been privileged to angel invest in another 20. Before doing all of that, I was a journalist covering Web 1.0--which is where I got my MBA. :-) 32 votes New stuff that's promising: Robotics VR/AR Food & Water ... Read More » How can Twitter be turned around? What are the most important steps that Jack should take? Jason McCabe Calacanis, Angel investor (Uber, Thumbtack, Wealthfront); Founder: Engadget, Inside, LAUNCH 54 votes 1. Video, video, video 2. Expanding the Verified Accounts program to everyone (i.e. you can spend $XX to get your account verified). 3. remove the 140 character limit 4. sh...  Read More » What is the current Series A market like (January 2016)? Jason McCabe Calacanis, Angel investor (Uber, Thumbtack, Wealthfront); Founder: Engadget, Inside, LAUNCH 36 votes In order to close a Series A you need 2-3m in ARR or 1m+ MAU growing at 20% m/o/m There are too many startups with $100k a month in MRR and too many consumer products with 1...  Read More » Is it a good idea for Twitter to drop the 140 character limit? Jason McCabe Calacanis, Angel investor (Uber, Thumbtack, Wealthfront); Founder: Engadget, Inside, LAUNCH 32 votes 100%. Tweets can easily have a ... at the end of them for more, and this feature will catch them up to Facebook and Medium. There really isn't much downside IMO.  Read More » In what ways do angel investors have to think differently vs VCs? Are people with certain traits likely to be better at one vs the other? Jason McCabe Calacanis, Raised $20m+, was EIR at Sequoia and have a $10m angel fund. Inveseted in 40+ startups including Uber. 47 votes As an angel you have to be able to focus on the 5% chance that things will go really, really well. As a VC you have to look at the downside a lot more because you make 1/20...  Read More »   Read More from this Session