Ron Conway And The Technology Ecosystem

In the beginning of an interview last week I introduced Ron Conway by saying that pitching him for an investment in your startup is a rite of passage in Silicon Valley. Venture Capitalists Marc Andreessen and David Hornik immediately agreed.

Why is that? Part of it is because Ron is the most prolific angel investor in the business. And also one of the most successful. The sheer volume of deals he’s done over the last 20-30 years, investing in 3-4 startups per month, is staggering. And his hit rate is so high, particularly for the massive win startups, that very few investors can come close to the success rate he’s had.

Ron does what he does, because he likes helping people succeed in business. He gives most of the money that he earns away to charity, so greed never clouds his vision or his mission. In fact, the investment component is almost an aside to his primary purpose.

by Michael Arrington

Full Story: http://techcrunch.com/2010/04/08/ron-conway/?dbk