How Angels Are Playing a Fallen Economy
BusinessWeek today published an article about angel investing during the credit crunch. The article offers insight into why angel investing has NOT slowed down during this economic climate but says it has changed - and then goes on to explain how it has changed.
From the article:
“Two trends we’ve seen are: We’re investing in deals we’re already in and keeping them alive longer because conditions are not ripe for an exit,” said John May, founder of Washington-based Active Angel Investors. “We’re also giving more runway to portfolio companies. When times are tight, we want to overfund.”
The article also references some of Angelsoft’s new live early stage investing stats that can be seen HERE
We also recently blogged about an article on portfolio.com on the same topic.
Mark I LaRosa :: Aug.08.2008
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