Davidson will be a part of Vator's Healthcare in Politics salon on October 7Read more...
What are these guys looking for as an investment?
David Lee and Pietro Dova are ex-Googlers who were fortunate to be at the search giant in the "early" days, when Google was worth well below its current market value of $140 billion. Today, they're part of a growing number of millionaires and full-time angels seeking to parlay their riches and expertise by investing in and advising startups. So far, so good. Their biggest hit to-date is Tapulous, one of the leading iPhone apps.
David and Pietro are partners at XG Ventures, an angel outfit focused on Internet and mobile startups. Together with two other ex-Googlers - Andrea Zurek and Greg Lee - the team is seeking innovative and creative companies to invest up to $100,000.
I caught up with the two at TechStars down at the Microsoft campus. I asked what they were looking for in an investment.
"I think in terms of companies itself, what stands out to us is smart people," said David.
Pietro added that XG seeks entrepreneurs with experience and a solid idea of the business model as well as an easy-to-use product.
Watch the interview to hear about what they're investing in and how the market is affecting or not affecting their investments and outlook.
Support VatorNews by Donating
Read more from our "Interviews" series
Artificial or not, intelligence is already woven into every part of lifeRead more...
Entrepreneurship is about finding solutions to challenges in real timeRead more...
Related Companies, Investors, and Entrepreneurs
Joined Vator on
Tapulous is a Palo Alto, CA based startup building a family of fun and social apps for the iPhone. We are angel funded and have released two apps for the iPhone (as of early August, 2008): Tap Tap Revenge (a music game) and Twinkle (the app that lets you connect with people nearby and your friends on Twitter).