In this episode, Harry and Colin talk to Kirk Ouimet. Kirk Ouimet is a successful entrepreneur, inventor, and investor who founded Scan, a computer vision company that created a popular app downloaded over 250 million times. He sold the company to Snap Inc., helped scale their engineering team, and launched an office in Utah. Kirk authored over 20 patents and provided his team and investors $100M+ in returns when Snap went public. He now focuses on investing in and advising startups, with over 250 investments, including several unicorns.
Where to Listen and Watch:
00:00 - Intro
04:22 - Kirk’s angel investment history and future plans
10:47 - How did Kirk come up with his investing strategy?
15:00 - Why does Kirk have such a low bar on all his deal?
25:16 - Why Kirk doesn’t get emotionally invested when deciding where to invest
27:39 - What is driving Kirk’s investment returns?
31:10 - What expectations should new angel investors have?
39:21 - Trending on Twitter: Do great founders all send consistent investor updates?
43:41 - Trending on Twitter: Dennis Hegstad three year angel investment performance
48:30 - What is Kirk working on next?
Links to Additional Info:
Kirk Ouimet LinkedIn - https://www.linkedin.com/in/kirkouimet/
Kirk Ouimet Twitter - https://twitter.com/kirkouimet
Personal Website - https://www.kirkouimet.com/
Random Seed - https://www.randomseed.com/
Private Equity Guy Tweet -
Dennis Hegstad Tweet -
Other Ways to Connect with Wannabe Angels:
Instagram - https://www.instagram.com/wannabeangels
Tik Tok - https://www.tiktok.com/@wannabeangels
Twitter - https://twitter.com/wannabe_Angels
Colin Gardiner has spent over a decade building startups focusing on online marketplaces. Most recently, he worked for Outdoorsy as Chief Revenue Officer. He advises marketplace/platform startups on growth, analytics, monetization, fundraising, and strategy. He also runs the rapidly growing syndicate Yonder Ventures, which invests in marketplaces and platforms and the SaaS, Fintech, Insurtech, and the technology enabling them.
Colin LinkedIn - https://www.linkedin.com/in/colingardiner/
Colin Twitter - https://twitter.com/ColinGardiner
Harry Campbell runs The Rideshare Guy, a popular community for drivers and gig workers in the rideshare and delivery space. He’s an active angel investor, having invested over $500k in 30+ companies and funds over the past few years; he is still trying to figure it all out, though!
Harry LinkedIn - https://www.linkedin.com/in/harrygcampbell/
Harry Twitter - https://twitter.com/TheRideshareGuy