SOHIE JOINS TECH COAST ANGELS CITING UNIQUE INVESTMENT OPPORTUNITIES
Orange County, Calif., April 14, 2009 — The Orange County network of Tech Coast Angels (TCA), the largest angel investor group network in the nation, today announced a new member, Guy Sohie. Sohie, an experienced medical device COO/CEO specializing in fast growth opportunities, M&A divestitures and restructuring, brings an energizing new perspective and range of expertise to Orange County TCA and the companies its members fund.
According to Sohie, “Becoming a part of TCA is exciting, particularly in light of today’s economy. Venture capital firms are getting squeezed and just can’t invest in companies like they used to. Angel investors like TCA members can be more creative and provide a wider range of opportunities. Consequently, we’re getting the chance to invest in interesting, well-developed companies that might otherwise have gone to different sources for funding. Angel investing has become a critical element of the business economy.”
Most recently the COO of Ventracor and previously a senior executive with companies like Cardiac Science and General Electric, Sohie has devoted much of his career to the development of small businesses into thriving enterprises and the identification of risk and opportunity for both investors and medical device companies. Since one of the key functions of TCA members is in counseling, mentoring and providing management expertise to the invested companies, Sohie’s experience is greatly valued by the network. According to Raymond Chan, Tech Coast Angels member, “We look forward to Guy’s input on all of the network’s investment opportunities, particularly those in the medical and biotech arenas.”
Guy Sohie was born in Antwerp, Belgium and came to the U.S. at the age of 21 on a Fulbright scholarship to Penn State University, and is fluent in English, French and Dutch. He lives in Coto de Caza, Calif. with his wife and four children.
About Tech Coast Angels
Tech Coast Angels, www.techcoastangels.com, is the largest angel investor group in the United States. Its members provide funding and guidance to more early-stage, high-growth companies in Southern California than any other investment group. Since its inception in 1997, TCA members have focused on building valuable companies, personally invested over $99M, and helped portfolio companies attract more than $960M in additional capital, mostly from venture capital firms. TCA members invest in companies in a wide range of industries, including the life sciences, biotech, IT, services, retail, Internet, financial, software, media, consumer products and tech startups. TCA members give companies more than just capital; they also provide counsel, mentoring and access to an extensive network of potential investors, customers, strategic partners and management talent. TCA has more than 250 members, including its venture capital affiliates, in five networks in Los Angeles, Orange County, San Diego, Westlake/Santa Barbara and the Inland Empire. More information on investment with Tech Coast Angels can be found at http://www.techcoastangels.com.