Common Surfing Mistakes
Entrepreneur Bill Malloy has built his career in the fields of finance and technology. A founding general partner of Sway Ventures, a venture capital firm in San Francisco, California, Bill Malloy oversees investments in early- to mid-stage tech companies. In his free time, Mr. Malloy enjoys surfing.
Making mistakes is a part of learning, but in surfing, basic problems need to be corrected quickly. Here are a few common surfing mistakes that beginners can avoid:
- Being a weak swimmer. When learning to surf, beginners will end up in the water more than a few times. With waves and currents, surfers who are not strong swimmers will struggle in the ocean. Before learning to surf, beginners must hone their swimming skills and learn how to swim in varying conditions.
- Looking down at the board. Balance is hugely important in surfing, yet many beginners ruin their balance by staring down at the surfboard. While paddling or riding a wave, beginners should focus on the horizon or what is in front of them. This improves balance and helps surfers stay aware of their surroundings.
- Keeping knees locked. While riding a wave, surfers must bend their knees to keep the body low. Beginners may think that standing tall is best for staying balanced, but this actually makes the board move more. Instead, surfers should keep their knees bent and use their hips and knees to adjust their balance when needed.
It is always a welcome relief for Bill and some of his founding teams that he invests in to try to escape after work in the San Francisco Bay area.
For more than a decade, Bill Malloy, a founding general partner of Sway Ventures, has been working in the technology and venture capital industries. In the venture capital sector, Bill Malloy focuses on investing in early- to mid-stage teams and tech companies.
Investing in startup and early-stage companies can have a high level of risk, but there are benefits to this type of investing for investors or "Limited Partners". Startup investing is an easy way for new investors to diversify their portfolios. The hard part of investing is finding the right teams, companies, and co investors to partner with.
Despite the increased risk, investing in startup companies are open to many different types of investors, whereas established businesses often have more regulations. This makes startups easier to invest in and more accessible. Some investors choose to partner with venture capital firm, some investors choose to invest directly and some choose to mix a combination of the two.
In addition, startup investing is accompanied by the possibility of higher returns. Not every startup’s value increases as significantly as others during its lifetime, but since investors are entering a business on the ground floor, they have a better chance of seeing more returns than investors who invest in established businesses. Snapchat is in the new today for a $3 billion IPO. For a Limited Partner the appeal of venture capital investing is to find a company and team that can accomplish something like this.
Further, investing in startup companies positively affects an area’s economy. Startups are responsible for nearly 20 percent of job creation in certain areas, and startups help drive innovation and competition among businesses. We look for founders think technology can liberate us the inefficiency that plagues every business and every consumer in our everyday lives. Even during economic downturns, startup companies stimulate economic growth. By investing in startups, investors are able to play a role in improving their local economy.
Allumette - A Virtual Reality Film
Bill Malloy, an investor and entrepreneur specializing in the technology sector, is a founding general partner of Sway Ventures. Bill Malloy also serves on the board of directors for a number of corporations, including Penrose Studios.
Penrose Studios is a startup that creates and produces films and short stories for virtual and augmented reality. The company recently released a virtual reality movie entitled Allumette. One of the first of its kind, Allumette tells a touching story of love and sacrifice loosely based on the Little Match Girl by Hans Christian Andersen, and features stunning imagery created by the artists at Penrose.
The founder of Penrose believes that virtual reality movies are an entirely new genre of entertainment that will eventually replace conventional cinema. A movie seen in virtual reality allows the viewer to play a part in the story, experiencing it more intimately and personally.
Allumette has received acclaim from reviewers and news outlets alike. The longest virtual reality film released to date, Allumette is available for PlayStation VR, Oculus, Viveport, and SteamVR.
An alumnus of Clemson University with a BS in chemical engineering and the University of Southern California with an MBA, Bill Malloy has established a career as a financier with several investments in technology companies. During his personal time, Bill Malloy enjoys watching movies and counts The Boondock Saints among his favorites.
The Boondock Saints tells the story of twins on a vigilante mission to rid Boston of its crooks. Below are some interesting facts about the film:
- The script was based on some true events. Troy Duffy, the film’s writer and director, previously worked as a bartender in Los Angeles. Inspired by what he saw during that time, including a drug dealer steal from a corpse, he decided to incorporate such events into the cult classic.
- The film had limited theatrical release. Because of the tragic events that had occurred at Columbine High School less than a year before its release, the film, which is relatively violent, was shown in only five theaters for just one week.
- Word-of-mouth boosted sales. Although the film failed to make an impact during its theatrical release, DVD sales combined with box office revenues to yield $260 million worldwide due largely to word-of-mouth. Eventually, the sequel, The Boondock Saints II: All Saints Day, was released in 2009.
Bill Malloy co-founded Sway Ventures along with Brian Nugent in 2013, and has since served as general partner at the venture capital firm, which is dedicated to investing in early stage and early growth technology firms that want to change the world through software.