According to the Angel Resource Institute Halo Report three out of four investments made by angels occur in their region. This is strong data supporting the need for more local investors.
One of the many potential paths forward to increase local angels, is to better understand who they are and how they came upon investment. A partnership between the Angel Capital Association and Wharton Entrepreneurship. The American Angel campaign, is a ground-breaking, comprehensive
study that will benchmark the mix of angel investors across America. The study will look at factors such as age, sex, and ethnicity with an eye towards pinpointing commonalities such as the path that got them there or trends such as how they discover and fund early-stage companies. If you are an Angel investor, I strongly urge you to participate in the study at www.TheAmericanAngel.org.
Originally posted to Linkedin