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Andrew Ackerman

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Monday, November 6, 2017 - 5:10pm
Andrew Ackerman of Dreamit discusses the three dimensions of pain points every Startup needs to consider.
Thursday, August 24, 2017 - 11:35am
Startups, ever wonder what it’s like on our side of the curtain? For the past several Julys, I’ve been going to Montreal to participate in Startupfest. Often, I address the startups during the main festival on the usual topics: how to find investors, how to solicit feedback on your startup idea, etc. This year I […]
Friday, June 9, 2017 - 7:40am
I may regret some of what follows. As I general rule, I like to let an article I write sit and reread it the next day.  The first draft can be pretty <ahem> blunt, so I usually find a bunch of rough edges that need to be smoothed over before submitting.  But I have an […]
Friday, June 9, 2017 - 7:40am
Angel investing is hot… and not just because it’s so cool. When, for over a decade, single-digit Venture Capital returns qualify as “top quartile,” seed stage investments have generated 27% ROI. (2) So it is only natural that family offices and high net worth individuals are eager to get exposure to this sector.  The only […]
Friday, June 9, 2017 - 7:40am
  How did you get into angel investing? I was running a walking tour business here in New York.  My partners and I were always playing around with how to make the experience better.  We had a lot of ideas and then, with the launch of the iPhone 4, other people started doing it.  I […]
Friday, June 9, 2017 - 7:40am
Here’s a picture of my phone:   It is so old that it looks new again.  Why do I use such an old phone?  Wrong question.  The right question is: Why are you using a newer one? Let me explain. Back in the dawn of time (~2005), I was responsible for product development at Bunk1.  […]
Friday, June 9, 2017 - 7:40am
Note: Monique Idlett-Mosley is Co-President of Mosley Music Group and the wife of Timbaland.  She was joined by Erica Minnihan, Executive Director at STAR Angel Network.  Unless otherwise noted, all responses are by Ms. Idlett-Mosley.  AA: What got you into angel investing? Monique Idlett-Mosley: We have a number of financial advisors who are extremely are […]
Friday, June 9, 2017 - 7:40am
“Every time I hear the word ‘viral’ I throw up a little in my mouth.”   Ok, I cheated a little.  No one I know actually said that out loud but I guarantee you that there isn’t a venture investor out there who hasn’t felt this way at one time or another.  Why?  Because some […]
Friday, June 9, 2017 - 7:40am
“Why don’t you give Karen a call?”   I was chatting with Ryan Armbrust, an Associate at ff Ventures, about their portfolio companies.  ff Ventures is one of those rare VCs that has built a dedicated infrastructure within their fund to help their portfolio companies with the various functions (staffing, biz dev, et. al.) that […]
Friday, June 9, 2017 - 7:40am
Why do you angel invest? I love helping early stage entrepreneurs as I’m an educator at heart.  I’ve started several companies and like being able to share my experience to help other entrepreneurs.  I think there are way easier ways to make money so if that’s your only goal, you should not be angel investing. […]
Friday, June 9, 2017 - 7:40am
Why do you angel invest / what got you into it? Originally it was from a personal asset allocation perspective.  I had the obvious equities and fixed income but had a big hole in private equity and startup type exposure.  I was really driven initially from that but I didn’t foresee how much I would […]
Friday, June 9, 2017 - 7:40am
  What got you into angel investing? I came out of AT&T Bell Labs, doing bleeding edge technology for 10 years, and then marketing and business management of large telecommunications projects sold overseas.  So when I left, this was a natural extension of what I was doing AT&T.  I made money in the stock market […]
Friday, June 9, 2017 - 7:40am
Woulda, Coulda, Shoulda. Entrepreneurs Need to Take that First Step.
Friday, June 9, 2017 - 7:40am
Why do you angel invest? I started out as an entrepreneur—just like you—and learned the hard way that sometimes, VC money is not all that it appears to be. It can make you feel like you gave your shirt, your house, your car, and your shoes away. I know what it takes to be an […]
Friday, June 9, 2017 - 7:40am
This is an informative, must-read for anyone who wants to understand the dynamics of the venture capital industry and the role of limited partners.
Friday, June 9, 2017 - 7:40am
It was not so much a debate as a “frank exchange.” I was exchanging emails with the founder of one of the larger startup pitch conferences. He had asked me if I would promote his event with some of the DreamIt startups who are currently fundraising. His events are pay-to-pitch and it’s fair to say […]
Friday, June 9, 2017 - 7:40am
On Saturday, October 25, Jews around the world (or at least those who actually go to services) heard the story of Noah’s Ark. And so, with apologies to every rabbi who ever tried taught me anything, here are a few things that Noah can teach entrepreneurs: Plan ahead. Noah didn’t wait until it started raining. […]
Monday, April 3, 2017 - 7:40am
It’s a little surprising that entrepreneurs don’t pray more. The best entrepreneurs are missionaries, not mercenaries. Even if they are not explicitly pursuing a social impact startup, they are driven by the sense that they can, at least in some small way, make the world a better place. What’s more, so much of the startup […]
Wednesday, February 22, 2017 - 11:30am
Like most entrepreneurs, I wasn’t CEO of my first startup. While I had a fair share of the company, I owned far less than the CEO who, in addition to having had the concept, also initially bankrolled us. For the most part, this didn’t matter. Like most good founding teams, we had complimentary skill sets […]
Tuesday, February 7, 2017 - 7:30am

I interview a lot people – applicants to Dreamit’s accelerator program, prospective employees, interns, etc. – and one of the questions I *never* ask is, “What is your biggest weakness?” I’ve learned that you never get an honest answer. At best, it’s a test of the candidate’s negotiating skills as they try to figure out what the lowest ‘offer’ they can put on the table is that is just credible enough to keep the bidding going. At worst, it’s just an invitation to lie. But the real reason I never ask this question is, I already know the answer. In...

Andrew Ackerman is a serial entrepreneur, mentor, sometimes angel investor, and proud father of three daughters. He is currently Managing Director in charge of DreamIt’s NY accelerator program.