Greg Huey, a former principal at Frazier Technology Ventures, has been appointed as the new program director for the Alliance of Angels. Tomorrow will be his first day on the job. Huey enters the non-profit angel investment group at a turbulent and exciting time.
Angel investors have been shellshocked by the downturn in the economy, which has created new challenges in how early-stage startup companies attract funding. But Huey also is joining just a few days after the AoA announced a new $4.3 million "side car fund" with support from Madrona Venture Group and Trilogy Partnership.
Huey's appointment comes more than three months after Rebecca Lovell left the AoA to run the Northwest Entrepreneur Network.
Huey spent the past 18 months working in London for Hewlett-Packard. Before that, he spent nearly six years at Frazier Technology Ventures where he was able to get to know AoA chairman Dan Rosen well.
In a statement, Rosen said that Huey emerged as the best candidate for the job.
“He was a member of AoA during his time at Frazier Technology Ventures, so he brings a familiarity and appreciation for what we do in addition to a wealth of experience working with investors and startup companies," Rosen said.
Last year, members of the AoA invested $6.4 million in 36 companies.
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