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Andrew Ackerman

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Thursday, September 13, 2018 - 6:39pm
This is an informative, must-read for anyone who wants to understand the dynamics of the venture capital industry and the role of limited partners.
Thursday, September 13, 2018 - 6:39pm
Why do you angel invest / what got you into it? Fatih Ozluturk: I come from an entrepreneurial background.  I’ve started several companies. I also joined small innovative companies. The last one when I left had gotten to be 300 people.  As the companies get bigger, you start to lose some of the interesting ideas […]
Thursday, September 13, 2018 - 6:39pm
It was not so much a debate as a “frank exchange.” I was exchanging emails with the founder of one of the larger startup pitch conferences. He had asked me if I would promote his event with some of the DreamIt startups who are currently fundraising. His events are pay-to-pitch and it’s fair to say […]
Thursday, September 13, 2018 - 6:39pm
On Saturday, October 25, Jews around the world (or at least those who actually go to services) heard the story of Noah’s Ark. And so, with apologies to every rabbi who ever tried taught me anything, here are a few things that Noah can teach entrepreneurs: Plan ahead. Noah didn’t wait until it started raining. […]
Thursday, September 13, 2018 - 6:39pm
Andrew Ackerman of Dreamit discusses the three dimensions of pain points every Startup needs to consider.
Thursday, September 13, 2018 - 6:39pm
I may regret some of what follows. As I general rule, I like to let an article I write sit and reread it the next day.  The first draft can be pretty <ahem> blunt, so I usually find a bunch of rough edges that need to be smoothed over before submitting.  But I have an […]
Thursday, September 13, 2018 - 6:39pm
Startups, ever wonder what it’s like on our side of the curtain? For the past several Julys, I’ve been going to Montreal to participate in Startupfest. Often, I address the startups during the main festival on the usual topics: how to find investors, how to solicit feedback on your startup idea, etc. This year I […]
Thursday, September 13, 2018 - 6:39pm
Angel investing is hot… and not just because it’s so cool. When, for over a decade, single-digit Venture Capital returns qualify as “top quartile,” seed stage investments have generated 27% ROI. (2) So it is only natural that family offices and high net worth individuals are eager to get exposure to this sector.  The only […]
Thursday, September 13, 2018 - 6:39pm
Like most entrepreneurs, I wasn’t CEO of my first startup. While I had a fair share of the company, I owned far less than the CEO who, in addition to having had the concept, also initially bankrolled us. For the most part, this didn’t matter. Like most good founding teams, we had complimentary skill sets […]
Thursday, September 13, 2018 - 6:39pm

“We are just not sure it’s worth 6% of our company.” Accepting the position of Managing Director in charge of DreamIt’s NY startup accelerator meant a lot of things, two of which include: Meeting a lot of really, really interesting startups 

Thursday, September 13, 2018 - 6:39pm
Every morning I start my day with Dilbert & coffee and one of my favorite secondary characters in that strip is Phil, the Prince of Insufficient Light. Unlike Satan, Phil punishes people for small crimes by “darning them to heck”. There are hundreds of articles in the business and startup press written about best practices […]
Thursday, September 13, 2018 - 6:39pm
  How did you get into angel investing? I was running a walking tour business here in New York.  My partners and I were always playing around with how to make the experience better.  We had a lot of ideas and then, with the launch of the iPhone 4, other people started doing it.  I […]
Thursday, September 13, 2018 - 6:39pm
Since first launching in 2008, Dreamit has received thousands of applications – heck, I’ve personally reviewed thousands of applications in the not quite three years since joining Dreamit. I’ve had the pleasure to read some really excellent applications that crisply and concisely showcased what made that startup shine. And then there were those other applications. […]
Thursday, September 13, 2018 - 6:39pm
Randy Adler is the Co-founder and Managing Partner of RK ADLER LLP. Why do you angel invest? Randy Adler: I love the space.  I think it is the opportunity of a lifetime: a true land grab.  We are experiencing a transition from the old economy to the new economy in which all things become “tech.” […]
Thursday, September 13, 2018 - 6:39pm
Between applications to Dreamit and the many startups who approach me directly, I speak to a lot of entrepreneurs. And, while I love that part of my job, one of the least pleasant things I have to do as a mentor is tell entrepreneurs when, IMHO, they are wasting their time and need to move […]
Thursday, September 13, 2018 - 6:39pm
Here’s a picture of my phone:   It is so old that it looks new again.  Why do I use such an old phone?  Wrong question.  The right question is: Why are you using a newer one? Let me explain. Back in the dawn of time (~2005), I was responsible for product development at Bunk1.  […]
Thursday, September 13, 2018 - 6:39pm
It’s a little surprising that entrepreneurs don’t pray more. The best entrepreneurs are missionaries, not mercenaries. Even if they are not explicitly pursuing a social impact startup, they are driven by the sense that they can, at least in some small way, make the world a better place. What’s more, so much of the startup […]
Thursday, September 13, 2018 - 6:39pm
Mark Wachen is the Managing Director for DreamIt Ventures New York and the Managing Director and Founder of Upstage Ventures.     What got you into angel investing? Mark Wachen: Mostly my experience with my own company, Optimost. [Acquired by Interwoven, which was in turn acquired Autonomy Corporation, which was bought by HP].  When I […]
Thursday, September 13, 2018 - 6:39pm
I interview a lot people – applicants to Dreamit’s accelerator program, prospective employees, interns, etc. – and one of the questions I *never* ask is, “What is your biggest weakness?” I’ve learned that you never get an honest answer. At best, it’s a test of the candidate’s negotiating skills as they try to figure out […]
Thursday, September 13, 2018 - 6:39pm
Note: Monique Idlett-Mosley is Co-President of Mosley Music Group and the wife of Timbaland.  She was joined by Erica Minnihan, Executive Director at STAR Angel Network.  Unless otherwise noted, all responses are by Ms. Idlett-Mosley.  AA: What got you into angel investing? Monique Idlett-Mosley: We have a number of financial advisors who are extremely are […]
Andrew Ackerman is a serial entrepreneur, mentor, sometimes angel investor, and proud father of three daughters. He is currently Managing Director in charge of DreamIt’s NY accelerator program.