Helping Entrepreneurs Succeed: Chris Saccaby Scott Edward Walker on September 27th, 2010
To Our Clients & Friends: Welcome to our weekly series entitled “Helping Entrepreneurs Succeed.” Each week, we post a short video clip of a successful entrepreneur, investor or business leader on a variety of topics to help entrepreneurs succeed.
This week, we present Chris Sacca, a very smart investor and the founder of Lowercase Capital (courtesy of GigaOm TV), who discusses, among other things, his new fund which buys shares of common stock directly from founders to allow them to take some chips off the table (starting at the 4:36 mark).
Indeed, he briefly discussed the rationale for this approach this morning at TechCrunch Disrupt, citing a recent $20 million exit with four young founders who were able to buy braces and a sport coat for the closing dinner with the proceeds they received. Finally, to get a true understanding of Chris and his extraordinary passion for helping entrepreneurs, you should read his email response to Ron Conway with respect to so-called “Angelgate.” Cheers, Scott