Paul Singh visited Columbus three years ago, with a call to action — Tech founders need to improve their pitches and investors need to loosen their grips on their wallets.
On his most recent trip this past week he says, “The pitches haven’t gotten that much better.”
What makes Singh an authority on the subject? Well — he is the founder of Disruption Corporation which provides tools, research and advisory services to corporations, angel investors and venture capital firms. Paul is also an investor via Crystal Tech Fund. Before that he was a Partner at 500 Startups, a 4 year old “super angel” fund headquartered in Mountain View, CA and has overseen the investments in 525+ companies across 35+ countries.
Columbus it the 40th stop and one of the largest on his Tech Tour through the United States with his wife and dog. According to Singh to Bizjournals — he’s made nearly three dozen small investments already.
He does seem excited for the prospects though saying we have ” a lot of resources.” but that in the end our tech pitches are just too “Midwest nice.”
One of the biggest draws here in Columbus is Rev1 Ventures — a model for similar organizations.
So what’s Columbus mucking up? Well, according to Singh it’s our focus on establishing a “billion-dollar” market size because that’s what the big boys want but ultimately it’s unlikely to happen without the investment of a “micro-VC” who operate in investments of $100 million and less.