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How to get funded by super angel Mike Maples
Investor in Twitter, Digg, Chegg is looking for 'social commerce' and 'big data' companiesWhen Mike Maples came out to Silicon Valley in 2005 - before YouTube, Twitter and Facebook were household names - he set out to fill a void in the investing spectrum - the one between angels and venture firms. Five years later, his firm, Floodgate, is a leading "super angel" or "micro-cap VC" firm helping to fund companies seeking $200,000 to $500,000 on the low end to $1 million at the high end. His firm is also one of the early investors in Twitter with some $25,000 that was re-invested into Twitter in 2007, after Twitter co-founder Evan Williams' company Odeo folded. Mike was originally an investor in the podcasting company. "$500,000 is the new $5 million," said Mike, in ... [ read more]
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Date Found: May 14, 2010
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