
This is software (AWS) generated transcription and it is not perfect.
It started as an entrepreneur when I was 23 years old, started my first company, and I really started a company to be able to support my two children. I had dropped out of college at the time. I had experience in the health care industry. And so I decided that I would start a company in health care technology as a way to kind of feed the kids, and it turned out that actually worked very well for me, and ended up starting and running several health care technology companies, and then I sold the last one in 2012 and since that time I've been doing angel investing through Rees capital.
So we don't invest in pre-revenue. When we first started out as angel investors, we started to do pre-revenue. It was too, too much to take a look at everything. So we decided to focus on companies that were generating at least a little bit of revenue so that we could see that there was some proof of concept of the marketing plan, and we really like to focus on the health care and technology sectors, so not necessarily always together, but any kind of technology, that's kind of a business to business technology or specifically, things in the health care industry. We have a lot of experience and kind of deep ties.
What's really important when they stand there first, kind of pitch deck to you is they've got to catch your attention very quickly. You need to kind of understand what is the problem they're solving, how big is the problem, and what is their solution? And if that can't be described with just a couple of slides, then they're probably going to lose the attention of the investors. So I think it's critical to get that information right up front and also to get some snapshots of financials that let people know, this is our pathway to profitability, and that's something that a lot of we see a lot of, we a lot of people kind of avoid putting that in their initial deck, and yet that's the question we're really going to get to, and we're going to try to get to it quickly, so if you put that in right up front, it really becomes a help.