Less than 0.4% of American startups are funded by venture capitalists. We know this thanks to the measurement and reporting of the venture capital industry and the Kauffman Foundation. 2,000 companies were reported to receive their first round of venture capital, out of a bit more than 500,000 new companies created annually. (Both of these are U.S. statistics). Investments by Angel investors are...
Yesterday I attended and spoke at a great investor event set up by Element8, “Investing a World With Few Exits“. The event kicked off with an amazing summary by Rob Wiltbank, which not only reprised his conclusions from his groundbreaking research on Angel investing, but included analysis on new data sets he has been collecting. The key learning continues to hold true. In the...
