For all the fuss about “super angels” and “angels are the new VCs,” a report out this week from the University of New Hampshire says angel investors are putting less money into companies overall, especially at the seed and startup stages, compared with previous years. Of course, there are many factors at play here.
The numbers cover the first half of 2010, and they come from a report released by the Center for Venture Research at UNH. According to the report, angel investments in this period totaled $8.5 billion, a decrease of 6.5 percent over the same period in 2009. Angel investors put money into a total of 25,200 entrepreneurial ventures in the first half of this year—a 3 percent increase in the number of deals from the first half of 2009. But the number of active individual investors was 125,100, an 11 percent drop from last year.
Perhaps more telling was that only 26 percent of angel investments were classified as seed or startup stage. This continues a downward trend that saw seed/startup investments make up 45 percent of deals in 2008, and 35 percent in 2009.
To read the full, original article click on this link: Super Angels Not So Super? Angel Investing Deals Up, But Dollars Down for 2010 | Xconomy
Author: Gregory T. Huang
