Orange County Register

Sid Mohasseb has been elected the 2008 president of the Orange County group of Laguna Hills-based Tech Coast Angels, replacing Mike Stuhley.

Mohasseb is managing director of Venture Farm, an Orange County source of equity funding that specializes in early-stage companies that need less than $500,000 in equity capital. Click here for a previous story.

Through his involvement in Tech Coast Angels and Venture Farm, he sits on a number of company and organization boards including Cluepedia, Cerius Consulting, Southern California Technology Council and The Paul Merage School of Business at UC Irvine.

Tech Coast Angels has groups in Orange, Los Angeles, San Diego and Santa Barbara/Westlake Village and is starting a group in the Inland Empire. It is the largest angel investment group in the United States with 290 members. Read more here.

“TCA offers the critical early-stage capital that budding entrepreneurs need to realize their dreams and offers the expertise and support of its members in order to improve their chances for success,” Mohasseb said. “The formula is simple: Find good people and good ideas, provide them with that funding and expertise they need to succeed and, as investors, join the founders on the inside.”

Mohasseb said that as TCA-OC president he will focus on four initiatives:

• increased outreach to dedicated entrepreneurs with a good idea
• assistance to the growth of every portfolio company
• aid to portfolio companies in finding additional capital as they mature
• building relationships with Southern California corporations to identify strategic relationships between them and TCA portfolio companies.

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