Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing.

After investing in a startup, it’s important for the angel investor to determine their role with the startup.

There are several roles to consider:

The investor can take an advisory board seat and provide coaching to the startup on an informal basis.

The investor can take a board seat and help guide the founders through a formal board seat with regularly scheduled meetings and reports.

The investor could forego the board seat, but stay in touch with the founders to provide support and advice.

It’s important to define with the founders the information rights including what content and how often it should be delivered.

The frequency of updates should match the needs of the company.

When the company is in a steady-state mode, this is often quarterly.

If the company is in crisis mode such as running out of cash, then this should move to weekly.

Regardless of the state of the startup, the investor should check in at least once per quarter with a call to the founder.

Finally, the investor should track the investment in their portfolio and maintain the most recent valuations and ownership levels.


Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.

Let’s go startup something today.
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In this episode, Hall welcomes Adam Haber, angel investor and CEO and Co-Founder of Trellus.

Headquartered in Long Beach, New York, Trellus is a team of business owners who created a service to assist small retail and home-based businesses compete with the fast-growing online delivery business. Trellus has created an integrated same-day delivery system that will make it possible to provide fast, reliable, local delivery service. Trellus understands the importance of the small and home-based businesses in their community and wants to support locals by keeping jobs, sales, and services in their community. 

Adam is ​dedicated to serving his community. As a Roslyn School Board Trustee from 2009-2018, Adam fought for residents and children, and helped bring the Roslyn School district back from the brink of financial ruin from an $11.2 million theft. After Hurricane Sandy, he personally initiated Project Long Island to repair over 200 damaged homes in Long Beach, through All Hands and Hearts, a disaster relief organization where he is currently a board member. 

Adam is exceptionally proud to be a board member of the Hagedorn Little Village School since April 2017. As a small business owner and entrepreneur, he has real experience creating jobs, attracting capital, and managing complex budgets. He had a 22-year career as a commodity options trader, has owned three restaurants (one of which had a Michelin Star), and is a non-operating principal of ScanlanKemperBard, a Portland- Oregon-based commercial real estate merchant bank. Adam is also an avid angel investor, a member of the Long Island Angel Network, and has sat on the boards of several start-up companies.  

Adam was a Director at the Nassau County Interim Finance Authority (NIFA) from July 2015-April 2016 and was Deputy Chief of Economic Development and Government Efficiency for the Town of Hempstead, from January 2018 to December 2019. He also writes a column for the Island Now called “All Things Political.” He resides in Roslyn with his wife Renée, and has two children Stephanie and Ethan, whom he is proud of.

Adam discusses his angel network, how the industry is evolving, the biggest change he expects in the next 12-24 months, some of the challenges he faces, and he mentions some of the companies he has invested in.

You can visit Trellus at https://bytrellus.com/, and via LinkedIn at  www.linkedin.com/company/trellus/. 

You can contact Adam via email at adam@bytrellus.com, and via LinkedIn at www.linkedin.com/in/adamhaber1/. 

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For more episodes from Investor Connect, please visit the site at: http://investorconnect.org  

Check out our other podcasts here: https://investorconnect.org/ 
For Investors check out: https://tencapital.group/investor-landing/ 
For Startups check out: https://tencapital.group/company-landing/ 
For eGuides check out: https://tencapital.group/education/ 
For upcoming Events, check out https://tencapital.group/events/  

For Feedback please contact info@tencapital.group   

Please subscribe, share, and leave a review.

Music courtesy of Bensound.