Probability of Success in Raising Angel Capital

According to J. Sohl, the Center for Venture Research, about 20,000 seed/startup stage entrepreneurs are successful in raising money from angel investors each year in the US. An additional 30,000 later-stage entrepreneurs raise angel money annually, many of whom raised seed/startup capital from angels earlier. Angels seem to be making more follow-on investments in portfolio companies because venture capitalists are making few investments in round size less than $5 million.

Bill Payne

Full Story: http://billpayne.com/2011/06/07/probability-of-success-in-raising-angel-capital.html