I have been given permission to announce that I and others from 'All My Children' have been approached by the company Prospect Park, who bought 'AMC,' with the intention to move it online.
Sentiment: POSITIVE
The best part of being an angel investor is seeing these kids coming up with companies that get way more traffic than Reddit had when we sold it. I think, 'Are you kidding me? They're just kids, and they've done so much.'
Any successful company in the valley gets acquisition offers and has to decide whether or not to take them.
The time I'm not spending with my kid has to be worth it, so when I sat down with my agents after I was ready to go back to work, I told them: It's all about the directors.
When you sell a prospecting concession, you're only selling potential. You pay tolls for the right to invest and look for something.
I've been involved in the offering-up-adoption-as-another-choice business for a long time.
I think every acquisition is unique and different. The best strategy is to listen to the founders and follow their lead.
Directors assume I'm, like, establishment.
We are going after a targeted group of businesses that are creating opportunities for themselves using other people's property. The Internet has very little to do with this.
I think the show has sort of given me a name in this business and allowed a lot of people the opportunity to see what I can do, and it's just sort of like a sweet starting point.
Customers buy Basecamp without ever having to interact with us. If they do have a question, we handle everything via email. We've been in the business of automation. We've never really valued full service.
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