This week, I spoke to one of the longest running and most active angel groups in the country, the New York Angels. For a long time, they were basically the only game in town for seed and early stage funding in NYC. Luckily for all of us, including the New York Angels themselves, the ecosystem has bloomed.
Not only has the NYC ecosystem changed, but the whole ecosystem around early and seed investing has innovated. Smaller funds are thriving, and technology has been brought to bear in a major way with efforts like AngelList. In a world where startups can pick up 750k in from just a couple of seed funds, or crowdsource a bunch of angels sight unseen, what's the role of an angel group?
To read the full, original article click on this link: - Thisisgoingtobebig.com - The Role of Angel Groups Going Forward
