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Keiretsu Forum Northwest Angel group invests $17.4 million in 35 firms in 2007
Recession? Mortgage meltdown? Stock market slump?
None of those factors affected the Keiretsu Forum Northwest http://www.k4seattle.com/ , an angel investment group that doubled investment totals last year. The three-year-old group, with 154 members in Seattle, Portland and Boise, invested $17.4 million in 35 companies.
That compares with about $6 million invested in 2006. The Alliance of Angels, a nonprofit investment group supported by the Technology Alliance, also just released 2007 numbers, with Chairman Dan Rosen calling it a "blowout year." The 10-year-old group pumped $3.9 million into 44 companies.
M. Todd Dean
Northwest Region
President
(206) 529-3687
By JOHN COOK
P-I REPORTER
Full Story: http://seattlepi.nwsource.com/business/350318_keiretsu07.html
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