, for example, was funded with $4M in angel money.
But the angel networks offered a new mechanism to entrepreneurs. Tech entrepreneurs could apply to the first networks (Wisconsin Investment Partners
, founded by Dick Leazer and Terry Sivesind, and Full article >>>
the history of venture investing and while its not over yet, it is time to provide some perspective.
Where is here, anyway?
The University of New Hampshires Center for Venture Research
suggests that angel investing dropped from about $45B in 2001 to $30B in 2002. The drop has been far less dramatic than the VC drought......Full article >>>
ants fail in the first 18 months thats worse than the failure rates for tech companies. According to Jeffrey Sohl, the director of the Center for Venture Research, only 10% of companies that pitch to angels should expect to get funded, compared to one in four in 2000. As Ive heard Dick Leazer say numerous times, the goal isnt more start-up companies the goal is more quality
start-up compa......Full article >>>
soon-to-be-alleviated slump. Early stage finance isnt easy. Thus angels band together, and VCs syndicate deals, and entrepreneurs network. Governor Doyle may not have been referring to us specifically in his inaugural speech, but his words are apt: We have many risks to take if you work together , youre liable to get more done and when you do, everyone comes out ahead.
-------......Full article >>>
Source:wistechnology.com By Adam Bock 03/18/03Related biology technology :1
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