Dan Reich

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The following list represents the startups/companies that I have angel invested in and/or are actively advising.

My name is Dan Reich. I'm an entrepreneur in NYC with a background in Electrical and Computer Engineering.

I'm the Co-Founder and CEO of Troops, a venture-backed business that is building artificial intelligence for work. I am also the Co-Founder and President of TULA, a private equity backed health and beauty business that has developed the world's first line of probiotic skincare products (acquiredy by Proctor & Gamble in February 2022).

Before that, I was a Co-Founder of Spinback (acquired by Buddy Media in May 2011, then acquired by Salesforce in June 2012).

On the side, I volunteer as a member of National Ski Patrol. In between I occasionally write words (see Forbes), crank tunes, and every now and again, hit up the globe for some traveling.

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Dan ReichFollow

Building, investing. Founder @Troops (acq @Salesforce) & @TULA (acq @ProcterGamble) & few others. Ski Patrol @MountSnow. Engineer @UWMadison. danreich.eth

Dan Reich@DanReich·

The journey is the prize

Jeff Bezos@JeffBezos

25 years ago yesterday, AMZN went public. As the Grateful Dead would say, “What a long, strange trip it’s been.”

It’s been far from smooth. Lots of risk-taking, lots of invention, lots of mistakes, so much we still have to do better. I wouldn’t trade the ride for anything.

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Dan Reich@DanReich·

If this were the late 1930's, my grandparents would be on this list of "Ukrainian families" fleeing their homes.

Easy decision to donate to a few more families today.

Stewart Butterfield@stewart

🇺🇦 The @1kproject has delivered 5,000+ USD$1k direct cash grants to Ukrainian families. Immediate help, no strings, in a time of wrenching crisis. 100,000+ families waiting.

For the next 48 hours, @jennifer & I will match all personal donations. https://www.1kproject.org

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Dan Reich@DanReich·

Seeing SaaS startups raising at 100x-200x ARR. Not gonna end well.

Matt Turck@mattturck

To put the depth of the reset in context: to justify a $1B valuation, a cloud unicorn today would need to plan on doing $178M in revenues in the next 12 months, if you apply the current median cloud software multiple (5.6x forward rev)

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TechCrunch@TechCrunch·

Salesforce acquires http://Troops.ai to make useful Slack bots https://tcrn.ch/3kZNWyA by @kyle_l_wiggers

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Dan Reich@DanReich·

There are some folks in life that just totally change the game for you.

@chrisfralic is one of those. Thanks @chrisfralic @joshk and @firstround !

Chris Fralic@chrisfralic

Congrats @Troops on joining up with @salesforce!

It's been a pleasure working with @DanReich and the team - and another nice win for the NYC tech scene.

https://www.salesforce.com/news/stories/corporate-news-update-2022/

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