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1st Round Records A record label with early success, 1st Round Records, has released several top 10 records including an album #1 on iTunes, and signed multiple artists to major labels including Warner Brothers Records, and Sony RCA.
Eight Partners Eight Partners is a venture fund that believes the technologists and entrepreneurs of our generation are in a position to have a more widespread, positive impact on the world than any group in any previous generation.
Actavalon Actavalon aims to cure cancer. It is a preclinical stage pharmaceutical company founded to eradicate human cancer cells of all types including breast, lung, pancreatic, and colon cancer among others.
Cannex Capital Cannex Capital Group Inc. is an innovative global cannabis company. With over 50+ brands and operations throughout the US, Canadian, and internationally, Cannex is the #1 cannabis producer and processor in the world.
Chatter Chatter is a mobile app that allows Stars such as actors, athletes, musicians, models, or social media influencers to either auction or raffle off live, real time, FaceTime between themselves and their fans or followers with proceeds going to charity.
Click Clack Hotel Click Clack Hotel welcomes travelers from all over the world into its luxurious designer accommodations. With a taste like no other, Click Clack started in Bogota, Colombia and is quickly expanding into all other parts of South America and the USA.
DTV Motor Corp DTV Motor Corp makes the DTV Shredder, the first true crossover vehicle, which is a combination of a snow mobile, skateboard and motocross bike. The DTV (Dual Tracked Vehicle) Shredder is the first year-round, all-terrain vehicle.
energyDNA EnergyDNA technology is patented graphene multi-component fibers. Graphene is a super material that is stronger than steel, harder than diamond, and 13x more conductive than copper giving it performance enhancing properties.
Enplug Enplug offers software for digital displays, allowing real-time social media interaction between brands and users. The company is a software licensing business.
Foray Collective Foray Collective aggregates the top social influences and allows the consumer to easily shop the clothes and looks of all influencers with their one click universal shopping cart.
Humin Humin has evolved your phone. It is a mobile phone app that captures all of your contacts and remembers them in the way you naturally think such as where they live, where you met, or phone number to facial recognition. It’s a search engine for contacts.
Invicta Medical Invicta Medical is developing an effective, non-invasive treatment device for the millions of people that suffer from obstructive sleep apnea every night.
Kairos Society The Kairos Society is an international nonprofit organization that brings together and develops the top entrepreneurs from universities around the world. The organization supports programs at over 100 universities in 35 countries.
Lyft Lyft is one of the premier, on-demand, ride share companies in the USA. It completes over 1 million rides per day, and is quickly expanding to international markets.
MAHAM Yoga MAHAM brings hip hop to yoga. Through their first studio in Miami Beach, this new yoga concept combines power vinyasa flows, and sounds from Biggie Smalls, Drake, Jay-Z. Beyonce does yoga at MAHAM for free.
Media Radar MediaRadar is a multi-media sales enablement platform that provides a view into how millions of brands buy ad’s and publishers sell ad’s across every media channels.
Mi Aguila Mi Aguila (My Eagle) is a Colombian technology company focused on the transportation and mobility business. They provide transparency, reliability, productivity, tranquility and control through a web platform and mobile application for B2B, on demand transit in South America.
Muzik Headphones Muzik makes the first software enabled, smart, connected headphone that allows users to share music with their friends and to social networks among many other things.
Pluto.tv Pluto TV offers over 100 channels of the best shows and videos on your desktop, mobile device or tablet such as sports clips, music videos, science, fashion and much more.
Prodigy Prodigy is the end-to-end system of transaction for modern car dealers. Built by the best minds in tech and auto, our revolutionary sales platform increases car sales, enhances the customer experience and boosts sales efficiency.
Soma Capital Soma is an early seed fund that invests in passionate founders with big ideas mostly from Y Combinator. They are built by entrepreneurs, for entrepreneurs.
Soothe Massages Soothe is an on demand massage service that let's you order a massage to your door through the touch of a button within one hour.
Sweetfin Poke Sweetfin Poke leads the market bringing you the Hawaiian Poke Cuisine in neat poke bowls with your choice of tuna, salmon albacore over rice, or kale, and choice of sauce.
Tablelist Tablelist is the leading provider for real-time online or moblie reservations for nightlife patrons and reservation/guest management solutions for nightclubs, lounges & bars.
TEAGUE Design TEAGUE Design is a real estate development and design firm focused on sustainable, safe, and smart co-living, with renewable energy, contemporary design, IoT connected features, and environmentally friend utilities.
TenOneTen TenOneTen is an early seed venture fund that invests in companies disrupting the status quo with a focus on big data technology and computer science analytics.
UNCL UNCL Loungewear is the most comfortable clothes in the world. Built for any occasion UNCL products include hoodies, sweaters, t-shirts, pants, sweat pants, sweat short, and shorts.
The Art Plug An international fine arts management company, The Art Plug shows, promotes, and distributes, talented artists from around the world in the hyperrealism genre.
Winner Circle Athletics Winner Circle is the leading sports training facility in the Inland Empire that designs athletics programs to achieve the needs and goals of all athletes.

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About Teague Egan

Teague Egan is the founder and managing partner at Innovation Factory, a Los Angeles-based angel investment fund. He serves as an advisor and on several boards including Actavalon, Chatter, UNCL, The Kindness Project, and 1st Round Enterprises.

Most recently, he was a founding partner and CEO of 1st Round Enterprises. At age 21, the music division of the company, 1st Round Records, released Sammy Adams debut album Boston’s Boy, which reached #1 on the iTunes hip-hop charts. Shortly after, at age 22, Teague became the youngest ever, certified contract agent by the National Football League Players Association and first prior to graduating college.

Philanthropy and helping others is immensely important to Teague. In 2016 he co-founded The Kindness Project, and currently acts as its Chairman. Teague will be walking around the USA for an entire year for #Kindness365 doing random acts of kindness. Previously, most of his philanthropic efforts were associated with the Thomas E. Smith Foundation, where he is the co-founder of Dance For Paralysis, and The Reality Ride Challenge.

Teague received a B.A. in Entrepreneurship at the USC Marshall School of Business. He is also a graduate of Singularity University's exponential technology program. View Wikipedia Page

Teague Egan

Partner

Teague Egan is the founder and managing partner at Innovation Factory, a Los Angeles-based angel investment fund. He serves as an advisor and on several boards including Actavalon, Chatter, UNCL, The Kindness Project, and 1st Round Enterprises.

Most recently, he was a founding partner and CEO of 1st Round Enterprises. At age 21, the music division of the company, 1st Round Records, released Sammy Adams debut album Boston’s Boy, which reached #1 on the iTunes hip-hop charts. Shortly after, at age 22, Teague became the youngest ever, certified contract agent by the National Football League Players Association and first prior to graduating college.

Philanthropy and helping others is immensely important to Teague. In 2016 he co-founded The Kindness Project, and currently acts as its Chairman. Teague will be walking around the USA for an entire year for #Kindness365 doing random acts of kindness. Previously, most of his philanthropic efforts were associated with the Thomas E. Smith Foundation, where he is the co-founder of Dance For Paralysis, and The Reality Ride Challenge.

Teague received a B.A. in Entrepreneurship at the USC Marshall School of Business. He is also a graduate of Singularity University's exponential technology program. View Wikipedia Page

Manifesto

Innovation Factory

We profoundly believe in the concept of “expert generalists” behind our investment strategy. Rather than focusing on accepted practices of investment theory or strictly by financials, Innovation Factory has chosen to study widely and deeply in many fields, including design, microeconomics, psychology, law, mathematics, biology, music, sports, engineering, and exponential technology, and apply those insights to investing.

Entrepreneurs and individuals who have the ability and curiosity to master and collect expertise in many different disciplines, industries, skills, capabilities, and topics are who we look for to both work at Innovation Factory and to invest in through our angel fund. These are the ones who have the ability to draw on that palette of diverse knowledge to recognize patterns and connect the dots across multiple areas coming up with unique, innovative ideas.

One clear notion is the value of gaining a wide breadth of knowledge while also drilling deeply into your area of specialty. Since the rules of business are constantly and fundamentally changing, being an expert-generalist allows individuals to quickly adapt to change. The four main advantages to our concept are as follows:

1) See the world more accurately and make better predictions of the future because they are not as susceptible to the biases and assumptions prevailing in any given field or community.

2) Have more breakthrough ideas, because they pull insights that already work in one area into ones where they haven’t been tried yet.

3) Build deeper connections with people who are different than them because of understanding of their perspectives.

4) Build more open networks, which allows them to serve as a connector between people in different groups.

Many of the top scientists, business leaders, inventors and artists throughout time have also achieved their breakthrough successes by being an expert-generalist. Albert Einstein was trained in physics, but to formulate his law of general relativity, he taught himself an area of mathematics far removed from his expertise, Riemannian geometry. James Watson and Francis Crick combined discoveries in X-ray diffraction technology, chemistry, evolutionary theory and computation to solve the puzzle of the double helix. Steve Jobs, of course, drew on insights from his study of calligraphy and a rich understanding of design to create a new breed of computing devices, and finally Elon Musk has create 4 multi-billion dollar companies in different industries, tech, automotive, energy, and aeronautics, all by his mid forties.

Those who can bridge the gaps between silos are becoming more valuable than ever as the amount of knowledge in the world and its fragmentation continue to accelerate.

As technology, globalization, geopolitical challenges, and competition accelerate the disruption of business, people are confronted with challenges, customs, and issues they have never experienced before. These are the problems we are trying to solve at Innovation Factory.

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