Tagging Along with Dean Around Our Beautiful City
When most think about who is investing in startups—aka “angel investors”—they think of Mark Cuban and Mr. Wonderful from the hit ABC show “Shark Tank.” What people don’t get from the show is that successful angel investing is hard work.
La Jolla Lifestyle caught up with Dean Rosenberg, president of the San Diego chapter of Tech Coast Angels (TCA), one of the largest startup investment groups in the country. Dean was a startup entrepreneur for 25 years before making a move to angel investing full-time after the sale of his last company in 2014.
“It’s like finding a needle in a haystack,” he says about his work. “I review about 15 startups a week, and there is a lot of ‘kissing frogs’ on the way to finding the next Google or Qualcomm.”
Dean has personally invested in more than 20 San Diego companies.
In addition to finding and screening promising new ventures, he also runs the day-to-day operations of TCA and sits on the board of a number of early stage local companies. We tried to keep up with Dean during a typical day as he went around the city, and we have to say, he is quite the busy man!
6 a.m. – Catch up on email. Finalize the day’s calendar. Review one last slide deck and then off to breakfast.
7:30 a.m. – Hop on the bike and head to breakfast with an entrepreneur at a local La Jolla restaurant. “I bike-commute to most meetings. [It] clears my head, and, during the morning commute, I usually can go faster than the cars!”
8:30 a.m. – Catch up with the founder/CEO of one of his investments. “I meet with the CEOs of my investments frequently, helping solve strategic challenges or just being a sounding board.”
10 a.m. – Head to the University of California, San Diego to speak to an MBA class at the Rady School. “Some of the best startups come out of students and technology developed at UCSD. Qualcomm is the biggest and best example, but there are lots of others.”
12:30 p.m. – Lunch with a prospective TCA member. “We are always looking to bring more investors into our group so that we can fund more companies.”
2 p.m. – Head to a TCA meeting where the group evaluates whether to make a $1 million investment in a promising life-science company.
4 p.m. – Quick break for kite surfing or stand-up paddleboarding in Mission Bay “Depends on the wind!”
6 p.m. — Back to email. Work on deals that are in process, and review two more pitch decks. Get ready to start it all over again tomorrow!
When Dean isn’t he working he loves to race bikes, paddleboard, as well as kiteboard.
Interested in angel investing or have a great idea that needs funding? Then Dean will probably be interested in you. Contact him on LinkedIn or visit TechCoastAngels.com.