I was speaking at an international conference on angel capital last year and the panelists listed off the number of companies they or their angel groups were in.
It was a fantastic number: 300-plus.
This showed me that the angel movement is really picking up steam. What was truly impressive, though, was that three of the panelists were from what would politely be referred to as “non-startup hotbeds." I remember a time in the late 90’s when said panelists had done maybe 30 deals. And the mandatory “Valley guy” in the group did three-quarters of those deals.
To read the original article: 300 Angel Companies and Not a Venture Capitalist to Be Found - Techvibes.com
