Maples Investments is now FLOODGATE
Five years ago, I moved to Silicon Valley and embarked on a crazy experiment. I wanted to test whether a new model of "Super Angel" investing could address a big gap in venture capital. I set my alarm clock for March 2010 and decided that I would either quit investing and declare the experiment a failure, or go "all-in" on the concept. No hedging.
Since then, I've worked with so many great entrepreneurs I can't even name them all here, but a few from the early days stand out. Evan Williams and Kevin Rose - you permitted me to invest in your companies (Twitter and digg) when no sane person would have given me the chance. And Osman Rashid - you gave me the opportunity to make Chegg the first investment in the Super Angel fund that I raised in 2006.
Based on the amazing work of great founders and a good run of beginner's luck, I've decided to go for it. The result is FLOODGATE, a firm that will take the Super Angel model to the next level. I've also decided to bring on our first full-time Partner, Ann Miura-Ko, who has already contributed greatly and who deserves to be recognized as a co-founder.
We will never forget that FLOODGATE was founded on the basis of entrepreneurs' faith in our vision and their willingness to give us a chance. I've been very grateful to work with each and every one of you.
Mike Maples, Jr.
Co-Founder - FLOODGATE