David Friedman elected Chairman and Sunny Singh elected Vice-Chairman
IRVINE, Calif. – January 10, 2023 – Tech Coast Angels (TCA) today announced that David Friedman was elected chairman of the angel network’s board of governors for 2023. Sunny Singh was elected the new vice-chairman. The board of governors oversees and provides overall strategies and initiatives to TCA’s owned networks and licensees.
Mr. Friedman has been a member of Tech Coast Angels for more than 13 years, as vice-chairman of the board of governors in 2021 and 2022, and previously in roles as president and screening chair for TCA Orange County. He has been a deal lead for many of TCA’s investments, and serves as a senior consultant at OCTANE’s Launchpad. Mr. Friedman is a former tech executive with a passion for building businesses, particularly through innovation.
“Entrepreneurs want to find capital which can help their companies grow, but they also want experienced advisors,” said Mr. Friedman. “TCA has dry capital through its funds, and its members co-invest alongside those funds. We find the best deals, with a best practice due diligence process and support from our accredited investors. This enables startups to find a path forward when seeking future capital raises.”
Dr. Singh was previously president of TCA Los Angeles, and is an entrepreneur, executive and technologist. He has operated and exited two businesses and is currently managing partner at Alleyway Capital, which acquires e-commerce software startups. He is an avid boxing and kickboxing enthusiast.
“This year is expected to be difficult for technology companies, given the macroeconomic environment,” said Dr. Singh. “Angel investors invest, even in the tough times, because they have a passion to support the startup ecosystem. TCA’s diverse network of investors will be a boon for startups in 2023.”
“David and Sunny have the right experience to carry on and leverage the growth initiative activities we started during my tenure,” said Jeff Lapin, outgoing chairman of TCA’s board of governors. “Tech Coast Angels will remain the best place for entrepreneurs to seek seed and subsequent funding rounds, and also for accredited investors to realize great returns on their investments.”