Two weeks ago Brian Pokorny resigned as a partner at SV Angel, which most people would call the premier angel investing firm in the world, to run a website where teens and pre-teens post pictures of themselves all day long. Ok, it’s one of the fastest growing sites in Silicon Valley right now, but we can still make fun of him a little bit.
SV Angel is in the process of closing its first outside round of funding – to date the firm only has invested capital from founding partner Ron Conway. And given their heavy investment rate of 3-4 companies per month, they needed to find someone to fill Brian’s shoes.
Enter Mike Ghaffary, the newest partner at SV Angel.
Ghaffary joins SV Angel from TrialPay (a SV Angel investment). He was previously a vice president at Summit Partners, a venture capital and private equity fund. And he also co-founded Stitcher, an mobile audio service.