One of the consequences of the sale of PWN is that I am able to give something back in terms of investments into the next generation of companies.

I have determined that I am not good​​ at assessing start up ideas. ​​ Every idea that is pitched to me appears to be interesting – the entrepreneur pitching it is passionate – they have determined how they will produce their product and how they will make money - ​​ 

I believe I am more use in the​​ growth phase of a company – where the initial idea has been developed and work needs to be done on the proposition, the go to market strategy and the issues of scaling the operation​​ 

I am more likely to invest in a great team than a great idea – I don’t believe that a company can be run by a single individual. ​​ It takes many talents to steer a company to greatness – I have rarely if ever see these in a single person.

I am most likely to invest in something that I understand. ​​ I understand tech businesses,​​ how to build a brand and how to undertake mass marketing.​​ 

I am less comfortable in an area where a product need to be sold into larger companies – this is a perfectly valid approach but the risk is higher and the first sales more vital than a mass market​​ company.

An idea has to have a significant quantity of Intellectual property. ​​ IE there is some distinct process or method or way of thinking that has not been done before.

An idea must be able to scale. ​​ 

I like marketplace concepts – where buyer and seller are brought together – preferably disintermediating an existing middle man which does little but charges a significant fee.

I like the hardware movement and the IOT (Internet of Things) - for the first time software people are able to bring their skill​​ to bear on physical objects.