- Parabolic Arc
- September 28, 2023
SÃ¶hnlein: Space Angels Network Making “Tremendous” Progress
EVA: Guillermo, you said that in April 2006 you gave the Space Angels Network â€œexperimentâ€ 3 years. Here we are March 2009, almost 3 years later (where does the time go?), have you made sufficient traction to continue and accelerate your efforts?
Guillermo SÃ¶hnlein: Itâ€™s definitely been slow going and much more labor-intensive than we anticipated. We went into this knowing full well that what we were trying to do was extremely difficult, namely: (a) starting a new angel investor group (b) focused on a general sector (c) with entrepreneurs and investors spread out across the country. And it has been every bit as difficult as we expected â€¦ and then some. Of course, the economic slowdown hasnâ€™t helped matters. 😉
Then again â€¦ considering that all of the work has been done by part-time volunteers, I feel like weâ€™ve made TREMENDOUS progress. In late-December I sent out an email entitled â€œLooking Back; Looking Aheadâ€ to our members, Advisors, and Sponsors. I recapped everything weâ€™ve accomplished so far, and it was fairly impressive (if I do say so myself!). Weâ€™ve really created a strong platform for early-stage deal-making, so weâ€™re expecting great things as we continue to build our momentum throughout 2009.
Read the full interview.