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Seattle Angel Investor Ecosystem - Founder Survey Q1 2020

Most respondents raised angel $ hybrid angel/VC rounds are popular ~20% raised from angel groups only 10% raised rounds from angels with zero startup dna…

KW

Kirby Winfield

Founding General Partner, Ascend

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1 MIN READ

Seattle Angel Investor Ecosystem - Founder Survey Q1 2020

Seattle

“The deck comes later. First we go look at the thing.”

“The deck comes later. First we go look at the thing.”

[ MEDIA ]

Lake Union, test day. The rig ran for eleven minutes before the founder called it a success.

▶

A founder who could explain the physics in one breath and the business model in the next.

A prototype we could see and touch, not a projection.

A cost curve that gets better with scale, not worse.

If you’re building something we’d want to see in a kayak, read our founder resources toolkit before you pitch us.

KW

ABOUT THE AUTHOR

Kirby Winfield, General Partner

Kirby founded Ascend to write the first institutional check into Pacific Northwest technology companies. He’s on the board of 12 portfolio companies, including Bean Box and Endurance Energy.

FIRST-CHECK VENTURE CAPITAL FOR TECHNOLOGY FOUNDERS.

Ideas on founders, technology,
and what comes next.

© 2026 ASCEND. ALL RIGHTS RESERVED.

FIRST-CHECK VENTURE CAPITAL FOR TECHNOLOGY FOUNDERS.

Ideas on founders, technology,
and what comes next.

© 2026 ASCEND. ALL RIGHTS RESERVED.

FIRST-CHECK VENTURE CAPITAL FOR TECHNOLOGY FOUNDERS.

Ideas on founders, technology,
and what comes next.

© 2026 ASCEND. ALL RIGHTS RESERVED.