Liz Gannes

Recent Posts by Liz Gannes

Battling Angel Investors Agree to Kiss, Make Up and Fund Communications Start-Ups Together

Dave McClure and Ron Conway, the two investors most publicly associated with last year’s “AngelGate” scandal over power struggles between seed-stage investors, have set aside their differences to invest in the second round of the Twilio Fund, dedicated to start-ups built on top of the Twilio communications platform.

The new Twilio Fund consists of $125,000 from McClure’s 500 Startups and another $125,000 from Conway’s SV Angel. Chosen start-ups get at least $10,000 each, according to McClure.

Highlights from the last batch included WorkersNow, Proven and FastCall411, McClure said.

McClure said he and Conway — who has been called “the godfather of Silicon Valley” — have worked on a few investments together lately, and joked, “It’s OK to kiss the ring every now and again.”


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I think the NSA has a job to do and we need the NSA. But as (physicist) Robert Oppenheimer said, “When you see something that is technically sweet, you go ahead and do it and argue about what to do about it only after you’ve had your technical success. That is the way it was with the atomic bomb.”

— Phil Zimmerman, PGP inventor and Silent Circle co-founder, in an interview with Om Malik