Spend at least $50k of that visiting the Valley regularly, attending conferences, and building up a network of contacts. Otherwise you'll get crappy dealflow and almost definitely lose it all (if you decide to invest at all).
I live here fulltime. More time networking is definitely on the cards - but I think I need to concentrate on new circles. For example, I know well known processor architects but no
web people.
If you are actively looking to invest, contact YC and ask about demo day. I'm sure there will be a lot of YC startups looking for more firepower (in the form of a small angel round) at the end of the summer. Added benefit: YC has already done a lot of the vetting for you.
tiredkid|16 years ago
siong1987|16 years ago
Startups are not all about WEB.
aberman|16 years ago