Episode 64: Silicon Valley Meets the Great Lakes: Investing in Michigan with Joseph (Skip) Simms
Today, Will sits down with Joseph (Skip) Simms to discuss angel investing and his journey to becoming Managing Partner for the MI Angel Fund.
Skip mentions how he started in venture investing in 1999, went through the dot-com boom and bust, and later got involved with Ann Arbor Spark, an economic development organization. Skip also talks about the growth of angel investing in Michigan and the importance of honesty and transparency in investor-founder relationships. He shares a success story with SkySpecs, a company focused on drone monitoring for facilities, and how they shifted their focus from drones to technology. Skip reflects on the changes in the venture capital landscape in Michigan and the need for state incentives to encourage more high-net-worth individuals to become angel investors.
Connect with Skip: