Gil Penchina
Description
Gil Penchina is a highly regarded and prolific angel investor based in San Francisco, known for his early-stage investments in some of the most impactful technology companies of the 21st century. His extensive portfolio includes foundational stakes in industry giants such as LinkedIn, PayPal, Indiegogo, Wealthfront, and Cruise Automation, demonstrating a keen eye for disruptive innovation. Penchina's investment career is characterized by a strategic focus on early-stage technology ventures, particularly in consumer internet, fintech, and emerging sectors like blockchain, where he was an early supporter of companies like Brave and Ripple.
A significant aspect of Penchina's investment strategy involved leveraging the power of syndicates. He co-founded Flight VC, one of the most prominent and successful syndicates on AngelList, which allowed him to pool capital from a network of investors to participate in larger and more competitive deals. Through Flight VC, Penchina facilitated substantial investments into promising startups; for instance, in 2014 alone, the syndicate successfully raised $11.5 million across 35 deals, underscoring his capacity to mobilize significant capital for the ventures he believed in. His personal investment philosophy often centered on backing strong founding teams with ambitious visions for large, underserved markets.
Before becoming a full-time angel investor, Penchina held significant operational roles within the tech industry, including serving as CEO of Wikia (now Fandom) and as a Vice President and General Manager at eBay. These experiences provided him with a deep understanding of scaling technology businesses, which he then applied to his investment decisions and mentorship of portfolio companies. With over 100 angel investments throughout his career, Penchina has left an indelible mark on the startup ecosystem, contributing to the growth and success of numerous high-profile companies. While he is noted as retired, his historical portfolio and investment approach continue to serve as a benchmark for aspiring angel investors.
Investor Profile
Gil Penchina has backed more than 27 startups, with 0 new investments in the last 12 months alone. The firm has led 0 rounds, about 0% of its total and boasts 7 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series A, Series B rounds (top funding stages).
- Majority of deals are located in United States, France, Finland.
- Strong thematic focus on Software, Internet, Mobile.
- Typical check size: $50K – $250K.
Stage Focus
- Seed (59%)
- Series A (19%)
- Series B (7%)
- Corporate Round (4%)
- Pre Seed (4%)
- Convertible Note (4%)
- Angel (4%)
Country Focus
- United States (93%)
- France (4%)
- Finland (4%)
Industry Focus
- Software
- Internet
- Mobile
- Information Technology
- Enterprise Software
- Marketplace
- Artificial Intelligence (Ai)
- Apps
- E-commerce
- Consumer Electronics
Frequently Asked Questions
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