One of the biggest mistakes is saying 'We're the first' or 'We're the only' because, I can almost guarantee you as an angel and venture investor who sees thousands of plans a year; you're probably not --the first, or the only, in any particular field.
Howard Morgan, is Managing Partner of First Round Capital. He has more than 25 years experience serving as a mentor, advisor & investor in entrepreneurial ventures. Howard was Professor of Decision Sciences, Computer Sciences at the University of Pennsylvania, served as President of Renaissance Technologies, was a founding board member of Franklin Electronic Publishers, & has been President of the Arca Group since 1989. He is a Director of Idealab & sits on the Board of Advisors for Gust.
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