Portfolio.com posted an article on-line yesterday talking about how the credit crisis has positively affected angel investing across the U.S. Angelsoft customer Eric Rosenfeld of the Oregon Angel Fund in particular mentions how his fund is still able to raise money and promote entrepreneurs.

Also mentioned in the article is Angelsoft customer New Vantage Group, led by John May, the current chairman of the Angel Capital Association. He mentions that despite the credit crunch, deal size has remained the same or become larger.

It is interesting for us to note that both entrepreneurs listed in the article who were successful in raising money, TalkShoe and Acuity Mobile, did so through the Angelsoft platform.

Read the entire article here: http://www.portfolio.com/news-markets/national-news/portfolio/2008/06/15/Angel-Investors-Ignore-Credit-Crunch

Mark I LaRosa :: Jun.17.2008
Angel Investor, Angelsoft Company, Entrepreneur