David S. Rose interviewed by Tech Confidential on his NY investor ecosystem
David S. Rose takes Tech Confidential on a tour of the building in which Angelsoft resides. The same building now houses the New York Angels, SparkSpace incubator, Cloud9 (angel investment offices), and Angelsoft. This covers nearly the entire ecosystem: from Angels, Angel groups, Angel investment software, and entrepreneurs.
Mark I LaRosa :: Jul.09.2008 :: Uncategorized ::
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Sounds like you're a bit confused about whats happening here.
First, there's Angelsoft (where I work), and its definitely a first rate organization creating deal tracking software for early stage private equity investors (VCs, Angels, etc). We may be eager, but we are NOT recent college grads or MBAs working soley for equity.
Second, there's the incubator. These people run their own companies, and they choose to operate out of the incubator for a variety of reasons (share resources, being part of a startup community, etc)
Should you want to do some more reading on incubators, here's a few more:
http://www.plugandplayrealestate.com/
http://www.idealab.com/about_idealab/
http://ycombinator.com/
If you take issue with the incubator model or early stage investing, and want to discuss it, we'd love to hear your thoughts.
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As Evan said above, the building certainly has its character, but the working space is pretty lively and full of people who enjoy what they do.
Most people here are self-lead entrepreneurs (workers in their own sweatshops, I suppose), while the employees of companies here (from AngelSoft to PerformLine) work for the companies because they believe in their mission and enjoy it.
It's a highly competitive industry and City -- folks work here because they choose to!