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Vegas Valley Angels' Bill Payne

Bill PayneShow #138 Listen (37:37) Download

Bill's been a member of the Tech Coast Angels and now the Vegas Valley Angels. When he's not in Vegas he's an active board member of the Frontier Angel Fund in Whitefish, Montana (33 members organized in 2005); they have made five investments in companies in the inland Pacific Northwest. He's involved with the Angel Capital Association and the Kauffman Foundation and has led seminars on the Power of Angel Investing for more than a little while; he's an expert on angel investing.

We had a conversation with Bill just a few days ago; the subject was Screenings and giving entrepreneurs immediate feedback. The subject holds great appeal for many of us at Tech Coast Angels (TCA).

Can we improve our screening process? Would immediate feedback after a Screening presentation help our reputation? Would an alternative approach take a load off of our administrators and have a better result? Could we salvage even one deal a year if we revise our Screening process?

As we all know, they do things differently in Las Vegas and Bill Payne is eager to share best practices of the Vegas Valley Angels. On the call with Bill are Tech Coast Angels Marc Guren who runs pre-Screenings in LA, Sid Mohasseb, President of the Orange County network, and Richard Sudek, OC Screening chair. Join me as we discuss opportunities to innovate the Tech Coast Angels Screening process.


Events

It'll be a sellout! Register now for the Tech Coast Angels Fast Pitch at UCLA on Monday Jan 28th.

Save the Date: May 7-8-9 when Angel Capital Association holds its Annual Summit in San Diego. This is a must if you're an angel investor. Bill Payne will be there and so will Sid, Marc and Richard.

Comments

Have really enjoyed your interviews of Ian Sobieski and Bill Payne, Frank, and thanks for alerting me to Scott Shane's test, on which I scored 35%...

I know Scott well (he is a member of one of the three angel groups I belong to here in Ohio) and already have his book on order. Keep up the great work! Looking forward to seeing you in San Diego at the ACA Summit.

Cheers, J.

I just listened to this one. Although interesting to TCA members, this is the first interview I can recall that was so very specific that it would be boring to all others. I would take care to remember the audience composition in the future and route these podcasts only to TCA members and a select small list. Just a suggestion.

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