Joe Milam

The Venture Capital industry itself, for much of its history, has ironically lacked the innovation that it seeks to identify and fund. Joe Milam, the founder of AngelSpan and experienced family office and fund manager, chats with us about how VCs can learn from an institutional investor’s perspective to create needed controls around risk management, transparency, and professional standards that the industry sorely needs. Professionalizing the Industry is An Enormous Opportunity A big takeaway from our conversation was actually how easy it is to build these controls — much of the infrastructure is already in place with tools like AngelSpan. Joe had a front row seat to the growth of Angel investing and knows the ins and outs when it comes to areas of strength and weakness, which ultimately means the opportunities. “And then all hell broke loose. It was called the commercialization of the internet. And from a front row seat…the Band of Angels, the first Angel group that sprung up …