StartupJournal reports that angle investors are “dusting off their calculators and starting to get serious” about doing deals. They are coming together in increasing numbers in both formal networks and informal investment clubs to find good deals to invest in. They also seem to be branching out in the types of deals they are considering. Many angels now seem to be interested in more localized long-term investments in local businesses, including “restaurants, roofing companies and the like.” This is a change from their typical focus on high growth, technology related deals.
This is very encouraging for our entrepreneurial economic growth over the next several years, particularly when coupled with the recent reports of the excess of cash that is sitting in VC funds ready to invest in new deals.
Angels Looking for Deals
Jeff Cornwall: StartupJournal reports that angle investors are “dusting off their calculators and starting to get serious” about doing deals. They are coming together in increasing numbers in both formal networks and informal investment clubs to find g…
VCs Getting Back in the Start-up Game
The Entrepreneurial Mind: Over the past weeks I have made a post on growing interest of angel investors in finding deals to invest in and on the overhang of funding in VC funds. So what does all of this cash…