- About Us
- Our Programs
- Our Events
- uCity Square
- Support Us
Bernie Rudnick, cofounder of MidAtlantic Diamond Ventures, likes to speak in aphorisms.
Take, for example, his wisdom on angel investors:
“We tend to bet on the jockey,” he said, “not the horse.”
Or: “We don’t go to casinos, but we bet on companies.”
But our favorite line from Rudnick’s Q&A session at yesterday’s Coffee & Capital event at the University City Science Center‘s Quorum centered around how hard it is to find the perfect investor — but how entrepreneurs should press on and keep searching. The entrepreneurs he’s seen get funding did it by networking furiously and always working the room, Rudnick said.
“Maybe when they kissed that frog, it didn’t work,” he said. “So kiss another.”
If only the funding game were always this poetic.
Rudnick, a member of four angel investment groups including another he recently founded called MidAtlantic Bio Angels, specializes in life-science angel investing. He said he’s location-agnostic when it comes to investing, adding that he had just invested in a company in France.
Here are three more takeaways from Rudnick’s talk: