No. 19

No. 19

Jeff Clavier, 42
Founder, Managing Partner, SoftTech VC
Blog: Jeff Clavier’s blog, Software Only

No. of Angel Investments: 52
Companies funded (a sampling): bit.ly, Circle of Moms, DNAnexus, Mint.com

Before Jeff Clavier became an angel investor—he has been one since 2004—he was a general partner at a $450 million fund, Reuters Venture Capital. Since 2007 he has been acting as a "super angel" or "micro-cap VC" [as aggressive investors in seed-stage rounds are known in the venture industry]. Looking back, he says his No. 1 mistake as an investor was passing on LinkedIn. In an e-mail message he wrote: "I should have been the 14th angel investor, and for a reason that I am still not clear on, I said no. I liked WePay a lot but could not fit in the oversubscribed angel round, and I probably should have been more aggressive about Foursquare six months ago."