Houston innovators podcast episode 2

Investment group director calls for more startup funding out of Houston

Samantha Lewis is the director at The Goose Society of Texas. Courtesy of Samantha Lewis

A key factor in growing an innovation ecosystem is having the funds to fuel startup growth. Samantha Lewis, director for The GOOSE Society of Texas — a local group of investors — and an entrepreneur herself, is calling on the city's players to help move the needle.

"We have to think about getting more capital available for companies that add strategic value to Houston," Lewis says on the second episode of the Houston Innovators Podcast

Lewis is a Rice University MBA graduate and was involved in two startups before beginning her role at GOOSE, which stands for the Grand Order of Successful Entrepreneurs. The group of 25 high-net-worth individuals operates similar to an angel investment group, in that they invest in early stage companies, but also like a fund, in that they take an active role in the companies in which they invest. The group invests around $10 million annually, with a quarter of that being new deals ranging from $1.5 million to $2 million per check.

"What we do is, as we find these companies, there's usually me and one or two of the investors working on the sourcing and the due diligence. If we find a company and we like it, we bring it in front of the entire group of investors," Lewis says on the podcast. "Each investor gets to decide on its own whether or not they want to commit money.

On the podcast, Lewis talks a bit about GOOSE's recent investment with Syzygy Plasmonics, as well as an investment in Topl, a company she personally felt compelled to help make happen. Both deals came about with networking, a path she gives some guidance on during the episode.

"It's much easier to get in front of investors when you have a referral," she says.

For the full interview, check out the podcast below. Subscribe to the series so you never miss the latest Houston entrepreneur conversations.


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Building Houston

 
 

The Cannon has opened a new location — and expanded north of Houston for the first time. Photo courtesy of The Cannon

Calling all coworkers north of Houston — there's a new spot in town to set up shop.

The Cannon, a coworking company with locations in Houston and Galveston, has expanded north of Houston for the first time. A new Cannon workspace opened at The Park at Fish Creek retail center (618 Fish Creek Thoroughfare) in Montgomery last month. On February 1 at 4 pm, the new community is holding an open house to tour the space.

“The Cannon is a Houston innovation institution, and we meet demand where innovators and entrepreneurs live—in this case, Montgomery County,” says Jon Lambert, CEO of The Cannon, in a news release. “The goal is to grow The Cannon community – and entrepreneurship overall – regionally, via the Fish Creek brick-and mortar space, and to also expand utilization of our digital community platform, Cannon Connect.”

With 8,100 square feet of space, the facility has 19 private offices, three conference rooms, and several gathering and working areas. Memberships — from assigned desks and private space to day passes — are now available. All Fish Creek members receive access to Cannon Connect, a global, digital community platform that provides resources, networking and building blocks for business growth.

Photo courtesy of The Cannon

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