December 2, 2008 4:57 PM -
- Like -
Link
Is Angel Investing Dead? —

Image via WikipediaAmazing, the optimism in Silicon Valley compared to the rest of the country. The angel climate cannot be said to be good, but it doesn't sound too bad compared to, say, the Big 3 automakers. It's much cheaper for a company to start up and keep running today, because the price of technology has gone down. If the company has started, and does have some traction, prices are low, and buyers will come in to the market and make small acquisitions. There will be exits. This was difficult for me to grok, but when you listen to investors...
[Tags: 1m, acquisitions, angels, angus, august capital]