Jesse Devitte at the New Hampshire Startup Blog reports:
Total investments in 2008 were $19.2 billion, a decrease of 26.2% over 2007, according to the Center for Venture Research at the University of New Hampshire. However, a total of 55,480 entrepreneurial ventures received angel funding in 2008, a modest 2.9% decrease from 2007, and the number of active investors in 2008 was 260,500 individuals, virtually unchanged from 2007 ... Angels are literally investing directly from their personal pocketbooks so it is not surprising that they are investing less, but it is absolutely good news that the number of deals did not decline! Combine that with the fact the same number of Angels stayed in the game and Angels remain the largest source of start-up capital. IF you have not already done so - get involved in your local Angel Groups!For more info:
Leave a comment