For those of us on the front lines, this is not exactly huge news. But it is worth mentioning - Mass High Tech reporting in its April 4-10th edition that angels continue to become more like VCs. Expansion stage deal financing by angels is up to 21% versus previous years, when it only accounted for 12%.
But there are several sides to the story - angel investment is up to $26B (last year's number), a 1.8% increase over 2006. And the number of ventures funded is up 12% over 2006.
The numbers are unclear at this point - the redistribution to later stage deals could be related to the decreasing cost of venture financing, for example. A second story was posted shortly after the first.
Thursday, April 10, 2008
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