Patrick Farrell founded Potomac Angel Capital in early 2022 to bring like-minded angel investors together in the D.C. area to invest in mission-driven, early-stage entrepreneurs for mutual financial benefit, lasting impact, and meaningful relationship. As the Executive Director, Patrick is intimately involved in sourcing deals, hosting events, leading diligence, and serving as a trusted advisor to investors/portfolio companies. In late 2023, he moved to Austin, TX to expand PAC and plant a second angel network as part of a vision to enable flourishing entrepreneurial ecosystems in cities across the U.S.

Prior to PAC, as part of the founding executive team at Nehemiah Security, Patrick was responsible for evaluating acquisition and funding opportunities to grow and eventually exit the business. Patrick was also responsible for Operations at Nehemiah, where he functioned as an executive leader in legal, recruiting, compliance, security, procurement, and cross departmental projects.

Patrick is a graduate of Vanderbilt University with a double major in Human & Organizational Development and Economics, where he attended on a full-tuition Dean’s Academic Scholarship.

During our conversation, he discusses:

The benefits of investing together versus investing alone
Challenges in running and operating angel networks
The importance of the founder's spiritual and emotional health
Evaluating founders based on specific traits such as openness and boldness
Starting PAC and the expansion to Austin
Emphasis on relationships and community within the investment process
Balancing impact with potential profitability in investments
Navigating the macroeconomic factors affecting early-stage investments
Lessons learned and the potential pitfalls in sticking to core values

Connect with Patrick

LinkedIn | Website

Stuff We Reference

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All opinions are personal and may not reflect the views of The Diligent Observer. Not investment advice.

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