Terri talks to Nancy Hayes about how she operates as an angel investor, her advisory style, and why she is focused on female led businesses.
Who is Nancy Hayes?
Nancy Hayes is an active angel investor focused on women-led companies. She has invested in 22 companies and serves as advisor to entrepreneurs and as a management consultant and coach to executives in for-profit and nonprofit corporations.
Nancy left the IBM Corporation, where she was a senior executive, to become CEO of the STARBRIGHT Foundation, an innovative nonprofit organization that used technology and media to help seriously ill children and subsequently was President and CEO of WISE Senior Services, a social services agency which served frail elderly and disabled adults.
Nancy was named Dean of the College of Business at San Francisco State University in 2005 and after six years in that role, was CFO and Chief Administrative Officer of the university for 2 years.
In 2013, Nancy cofounded MoolaHoop, a rewards-based crowdfunding site for women with small businesses.
She was Managing Director of the Silicon Valley chapter of Golden Seeds, a national angel group that invests in women-led companies, for over 3 years.
Nancy has an MBA with a concentration in Finance from the University of Chicago and resides in San Francisco.
Show Highlights
Nancy shares her journey into angel investing after helping women with small businesses and seeing the funding challenges.
Nancy talks about various financing options available including revenue-based financing and the statistics around the number of companies started each day.
Angels join groups to minimize risk.
Terri and Nancy talk about the ways in which women can (and should) become active angel investors. Spoiler: just jump in and do it.
Nancy talks about her value in advising startups and her favorite investments.
Nancy would wave a magic wand to get advice and mentorship to more female founders earlier.
Terri’s Key Takeaway
As women, we think we need to take one more class or get one more degree but with angel investing, we just need to get started.
References in the Podcast
WABA: Women Angels of the Bay Area
Golden Seeds: https://goldenseeds.com/
JP Morgan: https://www.jpmorgan.com/global/healthcareconference
Jenny Kassan: http://www.jennykassan.com/
CrowdFund Main Street: https://crowdfundmainstreet.com/
JOBS Act: https://en.wikipedia.org/wiki/Jumpstart_Our_Business_Startups_Act
Lighter Capital: https://www.lightercapital.com/
Kim Folsom: https://www.linkedin.com/in/kimtfolsom/
Carol Sands class on angel investing: https://continuingstudies.stanford.edu/courses/professional-and-personal-development/angel-investing-for-the-serious-investor-an-introduction/20181_BUS-204
Venture Deals: https://www.venturedeals.com/
Angel the Book: https://www.angelthebook.com/
Wingpact: https://www.wingpact.com/
Wingee Sin: https://www.linkedin.com/in/wingee/
Suzanne Andrews: https://www.linkedin.com/in/suzannemandrews/
Porfolia: https://www.portfolia.co/
Pipeline Angels: http://pipelineangels.com/
NextWave Ventures: https://nextwaveimpact.com/
Venture Deals online course: https://kfatechstars.novoed.com/#!/courses/kfa-venture-deals-fall18/flyer
Kona Shen: https://www.linkedin.com/in/konashen/
Tempo Automation: https://www.tempoautomation.com/
Cirrus Identity: https://www.cirrusidentity.com/
Dedra Chamberlin: https://www.linkedin.com/in/dedrachamberlin/
Tyler Lynch PYL episode 2: http://www.terrihansonmead.com/podcast/pyl002/tyler-lynch
Contact
Nancy can be reached by email at nancy@nkhgroup.com, via Twitter at @nancyhayes and through LinkedIn at www.linkedin.com/in/nancyhayes2.
You can follow Terri on Twitter at @terrihansonmead or go to her website at www.terrihansonmead.com or on Medium: https://medium.com/@terrihansonmead.
Feel free to email Terri at PilotingYourLife@gmail.com.
To continue the conversation, go to Twitter at @PilotingLife and use hashtag #PilotingYourLife.