What we’re hearing: Angel investing in Boston — with Richard Lucash
We recently posted about incredible opportunities we’re seeing to invest in Israeli startups, and it got us wondering what angel groups in other parts of the world have been seeing. To get some more color on the Boston tech scene, we went directly to the source. We had the chance to talk to Richard Lucash, a Boston-based attorney for emerging tech companies, about deal flow in Boston and Cambridge, Massachusetts. Richard co-founded the LaunchPad angel group and, with Jeff Stoler, recently launched a new angel group called SideCar Angels What’s deal flow like in Boston? In Boston, most angel group deals are syndicated. The area is the national leader in doing angel syndications. As part of this syndication effort, members of multiple groups may take part in due diligence. SideCar is focusing on facilitating deals by filling out syndicated rounds. How do you generate deal flow? A large percentage of our deal flow comes from Boston area angel groups and micro VCs, however, often the companies approach us directly. What types of deals have you been seeing? We see...
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