John Pettitt - AngelList

I invest in 3-4 startups @ $20-$200K a year

How I like to add value

I will ask a lot of questions and poke a lot of holes. I've started six companies (with one sale, two IPO's to show for it), I've been doing this for 30 years you get the benefit of learning from my mistakes.

What I'm looking for

Markets

Analytics, Content, Content Syndication, Enterprise Software, Hardware, Internet, Marketplaces, News, Platforms, Publishing, Real Time, Software

Locations

San Francisco, Silicon Valley

What I've done

I founded CyberSource. Faced with a business (Beyond.com) that was getting over 50% credit card fraud on our orders I designed and built a fraud detection system. We spun that out as CyberSource, took it public (along with Beyond.com - a two'fer) CyberSource was later acquired by VISA for $2B.

So from one startup (and one set of investors) we had 2 IPO's, a feat I have not seen repeated anywhere.

Founder