SV Angel, the angel fund founded by super-angel Ron Conway, is losing one of its general partners to a portfolio company. Brian Pokorny is now the CEO of fast-growing Silicon Valley-based Dailybooth.
Dailybooth, the runner up in the “best social app” and winner of the “time sink” categories at this year’s Crunchies Awards, is “your life in pictures.” Some 6 million monthly visitors share pictures and status updates with eachother. “It’s a community for self expression,” says Pokorny.
A typical interaction: a users posts a photo, taken with their webcam, showing what they’re eating, what they’re feeling, or perhaps with friends in the background. Other user then respond via text or photos. Some strings go on for hundreds of responses. Here’s an example.
The company, originally incubated by Y Combinator, has raised just under $1 million from notable investors such as Sequoia Capital, SV Angel, Betaworks, Kevin Rose, Caterina Fake, Chris Sacca, Joshua Schachter, Gary Vaynerchuk and Aydin Senkut.
Founders Jon Wheatley and Ryan Amos will remain in their current roles at Dailybooth.
Pokorny has worked with Conway on his various investments since 2006, and has racked up quite an angel portfolio of his own. He owns stakes in Twitter, Square, Milo, Blippy, Bump, Tweetdeck, OMGPOP and others.
He’s staying close to SV Angel, too. In addition to his new role as CEO of Dailybooth, Pokorny will remain as a Strategic Partner with SV Angel where he will continue to provide key insights into sourcing and evaluating investment opportunities in social media and other sectors.
“I’m excited to have Brian join one of our hottest portfolio startups and lead it to the next level,” said Ron Conway via email. “He will remain part of the core team at SV Angel as a strategic partner, and I look forward to working with him in this new role.”
SV Angel has also been in the new recently – they are reportedly closing a new $10 million fund, the first time the fund will take outside investors to participate in their startup investments.
In March 2010 Brian Pokorny became the CEO of Dailybooth. Brian Pokorny was previously a general partner at SV Angel, where he focused on investments within the consumer Internet, specifically within social media, mobile, and real-time data companies. Prior to SV Angel he was a founding team member and partner at Baseline Ventures, a leading seed-stage investment firm. Prior to joining Baseline, Brian spent 3.5 years at Google within various positions in the Content Partnerships team and Direct...
DailyBooth lets users follow their friends and update them in real-time through the use of pictures and status updates.
SV Angel is the micro VC firm located in Silicon Valley and founded by angel investors, Ron Conway and David Lee. SV Angel provides capital investments to early stage companies focused on the Internet, e-commerce, and information technology markets. SV Angel is a venture fund which has raised investment from external investors or limited partners in industry parlance. In April 2010, the fund announced its size of $20 million. Per the firm, SV Angel initially expected to raise a...
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