Robin Hood Ventures welcomes several new members: Bill Cotter, Bob Aller, Ed Harvey, Glen Gaddy, Steven Welch and Tom Olenzak.

• Tom Olenzak joined a panel including representatives of Cross Atlantic, Osage, and Edison on early stage fundraising at the FundingPost Philadelphia VC Event sponsored by WolfBlock.
• Ellen Weber was a panel member at Temple University's Women's Entrepreneurship Conference.
• Maria Maccecchini participated in a panel "Resources, Challenges, and Opportunities for Emerging Life Science Companies" conducted by Biostrategy Partners.

Three Robin Hood members, David Bookspan, Mike Levinson, and Steven Welch, have launched DreamIt Ventures, a pre-seed-stage venture firm, to address a pressing funding gap. DreamIt is targeting new entrepreneurs who generally won't have much, if any, experience running a company. To counter that, it plans to select a group of experienced business people ("strategists") to work with the entrepreneurs ("innovators)." It plans to provide 8 to 12 teams of entrepreneurs with money and assistance to develop a prototype of a technology product or service over a three-month period. After completing their prototypes, the budding entrepreneurs will make presentations to early-stage funders. Bookspan, Levinson and Welch hope those that get money will set up their companies in the region.

Robin Hood Ventures is a group of experienced entrepreneurs and accredited investors interested in investing and taking an active role in early stage companies with high return on investment potential. We can invest $250K to $500K for a single financing, and will co-invest with other angels or institutions. Robin Hood Ventures, founded in 1999, takes an innovative approach to angel investing. Member-established direct investment accounts create a pool of investable funds that enable rapid decision-making. Robin Hood's consistent approach to due diligence and deal structuring streamlines the deal process. Robin Hood Ventures invests as a single entity and considers business opportunities that represent the diverse interests and experience of our members.