Investing today takes 'Capital, counsel and community': David Freschman - Technical.ly Philly

Business

Apr. 14, 2014 10:30 am

Investing today takes ‘Capital, counsel and community’: David Freschman

First it's about the money, then comes a need for mentorship, followed by a desire to connect with a broader portfolio, said Early Stage East founder and longtime investor David Freschman
In the first tech boom of the 1990s, investment was about getting money in the hands of entrepreneurs. As that first boom aged, the savvier among them began expecting mentorship to be a given for early-stage investment. Today, the trend is all about connecting a portfolio to strengthen it.

“That’s capital, counsel and community,” said David Freschman, the venture capitalist and longtime presence in Mid-Atlantic investor circles.

He’s a managing partner in Innovation Ventures and the Delaware Innovation Fund, where he is based in Wilmington, but also done deals in Philadelphia, Baltimore and New York, where is part of the Arc Angel Fund. He also founded in 2009 FashInvest, a news resource for the intersection of fashion and technology.

He’s likely best known as the founder of Early Stage East, the collection of venture conferences and angel pitch events from Baltimore to New York that he’s run since 1998.

Why does an investor have so many side projects, from events to news and mega-region networking? “Deal flow and influence in the marketplace,” he said.

It’s given him a unique perspective on the Northeast corridor, watching where the excitement has moved, today being led by the New York engine but strengthening in Philadelphia, where he spends much of his time, and elsewhere — he said from 1995 to 2002 that “Baltimore was the most active venture community on the East Coast.”

Organizations: Innovation Ventures
Projects: Early Stage East
-30-
JOIN THE COMMUNITY, BECOME A MEMBER
Already a member? Sign in here

Advertisement

Funding news about Young Alfred Inc.

Medtech startup Proscia raises $8.3 million for hiring push

Virion Therapeutics raises $4M to continue work on cancer, viral infection treatments

SPONSORED

Philly

Pitch to speak at Comcast Labs Connect’s data security conference

Philadelphia

Vistar Media

Software Engineer

Apply Now
Philadelphia

Perpay

Operations Specialist

Apply Now
Philadelphia area

Chariot Solutions

Mobile Developers

Apply Now

Forget electric scooters, golf carts are the new thing. Will we see them in Philly?

Clients and community come first for Vanguard employees

Philly’s SRI Capital has a cool $100 million to fund enterprise tech

SPONSORED

Philly

How teamwork is setting the standard for data standardization at Pinnacle 21

Chesterbrook, PA

Deacom

Front End Developer

Apply Now
Malvern, PA

Vanguard

Intermediate Software Developer

Apply Now
Malvern, PA

Vanguard

Full – Stack Engineer-Java

Apply Now

Sign-up for daily news updates from Technical.ly Philadelphia

Do NOT follow this link or you will be banned from the site!