A new report from the Angel Capital Association finds that angel investors are optimistic about the general climate for early stage investments.
In the Angel Group Confidence Report of North American angel group leaders, ACA found that angel groups forecast that the quantity and quality of entrepreneurial investment proposals will increase in 2007, that more than 80 percent of groups will continue investing in seed and early stage companies, that there is a strengthened opportunity for more positive exits, and more plans to co-invest with other sources of capital.
This follows a strong job report last week that included a big jump in self-employment. The entrepreneurial economy seems to be picking up steam….
I talked to several angels about exit strategies. They see reverse mergers and Form 10 shells as possible exits. I also interviewed an angel investor, Peter Klamka, who used a corporate shell to invest in a solar company.