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Gabriel:

What's your view of the Philly startup scene?

Why wouldn't you move to to Silicon Valley?

What's your experience been like so far with angel investing?



> What's your view of the Philly startup scene?

It is certainly trending upwards. When I moved here I created a monthly startup hackathon group (http://www.groupomatic.com/haqsm3vj) that now has ~200 members in it, and attracts 20-40 good people each month working on cool stuff. PSL and other groups (http://phillystartupleaders.org/resources/network-around-phi...) have also created good communities and Dreamit (http://dreamitventures.com) has brought in some great companies. Also, First Round Capital (http://firstround.com) is based here, though they haven't made many Philly investments.

That said, it is way behind Boston, NYC, and of course SV. I couldn't be a good active consumer Web angel investor in Philly alone. But I'm trying to do my part to improve it.

> Why wouldn't you move to to Silicon Valley?

I like the life we've developed here--location, friends, family, etc., and there are many things I don't like about CA (price, distance, etc.).

> What's your experience been like so far with angel investing?

It is a very different challenge than doing a startup, and I've learned a lot on just the three investments I've done and the many many more I've evaluated. I've been trying to write up what I've learned on my blog when appropriate: http://www.gabrielweinberg.com/blog/angel-investing/

I've built my companies in somewhat of isolation, so it is really great to get more involved in other startups. I've been trying to add as much value as I can without being annoying or controlling in any way. Alexis Ohanian described it well at Angel Boot Camp--a good angel investor is a combination between yoda and a fire-firefighter. He/she is there when you need him with somewhat incomprehensible sage advice :). I'm also highly technical so I try to add value there as well when needed/wanted.

Happy to answer follow-ups, or more questions here, by email, or formspring: http://formspring.me/yegg




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