Angel investing gains traction as Dow Jones VentureSource announces that it is partnering with the Angel Capital Education Foundation (ACEF), to raise the visibility of the earliest stages of innovation investment. Together, ACEF and Dow Jones VentureSource will gather and report on angel organization investment in United States.
A growing number of angel investors are expected to find more investment opportunities, but fewer exits, in 2008, according to a new report from the Angel Capital Association. The organization, a peer-to-peer affiliation of independent investment groups that funnel individual wealth into startup companies, also asserts that angel investment is somewhat insulated from macroeconomic trends and can thrive during economic downturns.
Jim Roberts, former executive director of the Blue Ridge Entrepreneurial Council and the Blue Ridge Angel Investors Network, offered some thoughts for entrepreneurs in search of angel support.
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