It’s that time of year again when we’re just weeks away from the Silicon Alley Golf Invitational. Or SAGI as I commonly refer to it as. This event started ~7 or so years ago but only in the past 3 years have I used the fancy name. It all started with myself and 3 founders of tech companies in 2004. We played golf and chatted. It was that simple. The next year, each of us brought an additional founder. And each year after, it grew. The common theme each year was to keep it to either founders of Silicon Alley based startups or venture capitalists funding the innovation.
Fast forward to 2012, we’ve got an absolutely full event of 72+ golfers (can only fit 72 on the course at any given time) and about 30 non-golfers coming for the luncheon and awards ceremony. We have amazing sponsors who enable the day to happen. We even have a guest keynote speaker who will be announced much closer to the date…
A lot of planning goes into this event, especially because it’s a labor of love and not a business and I have very limited staff to pull this off. I personally handpick everything for the event – the invitational list, the swag, the event location, the foursomes, etc. It’s a lot of work but in the end, it pays off because of all the great conversations and camaraderie that’s had at the event.
Unfortunately, the event does not scale well. It cannot accompany 1,000 people. Or even 250 people. With just one day and 18 holes, you can only accompany so many people on the course. It’s a fact of life for the event but a good one at the same time – we do not always need to be able to scale in order to have a great event. In this case, it’s quality over quantity. This year in aggregate, we have founders representing over $1.2BLN in exits in the past 1,000 days. Quality is important. We’ll leave “scale” for the companies we’re building.
I’m super excited for August 6 and look forward to participating with everyone. Here’s a link to the official video from last year’s event.
If you have any questions about the event, feel free to reach out through my contact form.