Mike Hirshland
Mike Hirshland
Mike Hirshland has been a Boston-based investor for 17 years, first with the venture firm Polaris Partners and, for the last five years, at the firm he co-founded, Resolute Ventures, which has offices in both Boston and San Francisco.
Background
Mike was born and raised in Philadelphia, Pennsylvania. He attended William Penn Charter School.
Education
Hirshland is a graduate of Harvard University (1988), where he graduated Magna cum laude, and University of Virginia School of Law (1993).
Career
Hirshland previously was a General Partner at Polaris Venture Partners from 1999-2011.
There, he founded Dogpatch Labs, cofounded The Start Project, and backed notable companies including Automattic, Quantcast, LOLApps, Kissmetrics and Q1 Labs (acquired by IBM).
At Resolute Ventures, his portfolio includes MessageMe, Bark, Bitium, Card.Com, Homejoy, and Smile by Webshots.
Mike has stated that he is not the kind of investor to do party rounds with numerous investors without leads but that if that is the route they must structure their boards accordingly.
He has stated that raising seed money in the early stages when it's just and entrepreneur and an idea is a known formula that exists - like a mathematical or scientific thing.
He believes that raising seed money is more about an investor's desire to have ownership, and the founder's desire to minimize delusion.
There are conventions that arise around what is the norm of ownership levels are, but he's goal is always to own 10% of the seed round depending on what the company has or hasn't accomplished.