Angel and Seed Investor Mandate Interview: Noble in Los Angeles
California Angel & Seed Investor Mandate Interview
Angel investors, accelerator fund managers and founders in cannabis, entertainment or recycling who want to see how one active investor defines a mandate.
What this talk covers
Noble started as an individual angel investor. About a year and a half ago, he teamed up with an accelerator in downtown LA and set up an accelerator fund. The mandate covers pre-seed, seed and some Series A deals, often alongside other family offices or groups. His focus verticals are cannabis, entertainment and recyclables such as old tires and electronics.
In cannabis, Noble avoids farming and prefers ancillary services such as genetic testing labs. That work led him toward labs that can run COVID-19 testing. In entertainment, he buys royalties, especially music royalties. His closing advice to investors is that hard periods pass, so keep the end objective in view, stay steady and be willing to pivot.
Five points worth keeping
- A mandate built on core verticals. Noble's fund focuses on pre-seed, seed and some Series A deals in cannabis, entertainment and recyclables. He often co-sponsors deals with other family offices or groups.
- Ancillary services over direct cannabis. Noble did not want to be a farmer in cannabis. He chose related services, including genetic testing aimed at understanding how a person's body may respond to CBD or THC.
- Pivoting when conditions change. The testing focus moved toward labs that do COVID-19 testing. Noble said it was good that the testing vertical was already in place, so the shift went smoothly.
- Royalties as a deal focus. Noble is pushing more into royalties, mainly music and film. He mentioned a chance to buy a 10% stake in Reservoir Dogs and said streaming is bigger than ever.
- Stay steady and keep the objective. Noble's top advice is that this too will pass. Tactics can change, but the end objective stays key, and investors should not demand instant success from a pivot.
In their words
"If it's something already producing a royalty and you're just investing in access to that stream, it's less risky."
"Just stay the course, stay steady, stay focused and remember your end objective regardless of the tactics."
Key facts
- Noble set up an accelerator fund with an accelerator in downtown LA about a year and a half before the interview.
- Noble mentioned an opportunity to buy a 10% stake in Reservoir Dogs as part of his entertainment royalty focus.
- Noble says he has about 17 or 18,000 direct connections on LinkedIn and prefers to be contacted there.
Sources
From Richard C. Wilson's Centimillionaire Strategies YouTube channel: California Angel & Seed Investor Mandate Interview. Quotes come from the video captions, lightly edited for readability. Figures are the speakers' own estimates and experience.
General education only. Not legal, tax or investment advice.
Do not use AI to write your own legal agreements.
Related questions
- How do I close a funding round?I close a funding round by focusing on investors who fit the opportunity and moving each interested prospect through clear, consistent follow-up.
- What documents do investors request during due diligence?Prepare a clear, organized package covering your operations, investments, compensation, team, and track record.
- How do I raise capital for my business?I raise capital by building a repeatable system for attracting the right investors, establishing credibility, and developing relationships before asking for money.
Questions about this video
What stages does Noble invest in?
Noble invests in pre-seed, seed and some Series A deals. He often co-sponsors with others or brings other family offices or groups into the deal.
Which verticals does Noble focus on?
He focuses on cannabis, entertainment and recyclables. In cannabis he prefers ancillary services such as testing over growing.
How can investors reach Noble?
Noble says LinkedIn is the best way. He has about 17 or 18,000 direct connections there and is monitoring it closely.
Put this into practice with the ready to raise checklist. See all investor mandates resources.
