The Art of SPVs with Alex Pattis [Ep 29]
Description
Wannabe Angels Breakfast Tacos Meetup Info - Sept 26 from 9:00 AM-11:00 AM
In this episode, Colin speaks with Alex Pattis. Alex is a seasoned professional with a strong track record. As a General Partner at Riverside Ventures, he's invested in 200+ startups, providing valuable support to entrepreneurs in their early stages. His extensive operating experience includes scaling startups for almost a decade, with a pivotal role at MAT, a startup later acquired in a 9-figure exit. Alex's influence extends to co-founding Hampton, a premium community for founders, and Last Money In, a VC newsletter focused on SPVs.
Where to Listen and Watch:
Apple - (Go straight to the episode by clicking here)
Spotify -
YouTube -
Segments:
0:00 - Intro
4:05 - How did Alex get started with angel investing?
9:13 - Alex’s first angel investment deal
14:24 - What makes a successful SPV?
18:15 - What size LP base does Alex see necessary?
21:07 - How does Alex attract LPs?
24:42 - How much of Alex’s LP base is because of himself?
27:18 - What problems is Alex’s newsletter trying to solve?
33:40 - Trending Twitter Thread - Should an investor ask for their money back?
35:08 - Trending Twitter Thread 2 - Founder with $1.5M pre-seed from two firms gets $200K offer at 50% higher cap from tier 1 fund scout, seeks strategic input.
Links to Additional Info:
Alex Pattis
LinkedIn - https://www.linkedin.com/in/alex-pattis-1709011a/
Newsletter- https://lastmoneyin.beehiiv.com/subscribe
Riverside -
https://www.riversideventures.com/
Gale WIlkinson Tweet -
https://twitter.com/galeforceVC/status/1694714922796814485?s=20
Mike Annunziata Tweet -
https://twitter.com/nunzi46/status/1690091468809990145?s=20
Other Ways to connect with Wannabe Angels
Substack -
YouTube - https://www.youtube.com/channel/UCTd0VpLRUqEfQ5mk431z2Lg
Tik Tok - https://www.tiktok.com/@wannabeangels
Instagram - https://www.instagram.com/wannabeangels/
Twitter - https://twitter.com/wannabe_Angels
Linkedin - https://www.linkedin.com/company/wannabe-angels/
About Colin: Colin Gardiner has spent over a decade building startups focusing on online marketplaces. Most recently, he worked for Outdoorsy as Chief Revenue Officer. He advises marketplace/platform startups on growth, analytics, monetization, fundraising, and strategy. He also runs the rapidly growing syndicate Yonder Ventures, which invests in marketplaces and platforms and the SaaS, Fintech, Insurtech, and the technology enabling them.
Colin LinkedIn - https://www.linkedin.com/in/colingardiner/
Colin Twitter - https://twitter.com/ColinGardiner
About Harry: Harry Campbell runs The Rideshare Guy, a popular community for drivers and gig workers. He’s an active angel investor having invested over $500k of personal funds in 30+ companies and funds over the past few years, still trying to figure it all out though! Harry also has a $500k mini-fund that invests in early stage mobility, logistics, marketplaces and his network.
Interested in learning about some of the companies Harry is angel investing in and read his deal memos, for FREE - just fill out this form - https://forms.gle/eYwtDE7p9K2bepnF8\
Harry LinkedIn - https://www.linkedin.com/in/harrygcampbell/
Harry Twitter - https://twitter.com/TheRideshareGuy
This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit wannabeangels.com

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