While I spend most of my time looking for the next Google, Inc. (Nasdaq: GOOG) amongst public companies, I have friends who pursue similar goals but at different stages of company growth. They're venture capitalists. They get to bet OPM (Other Peoples' Money) on finding the next Sergei and Larry in a garage.
Don Dodge had an interesting article today on the state of the market for seed-stage investors, called Angels. In Angels Investors put $26 billion in 57,000 companies, Don examines what 2007 had in store for startup investors. One thing that surprised me was that angels are "the largest source of seed stage and early stage start-up capital, with 39% of 2007 angel investments going there." With a lot of money looking for a home for professional Venture Capitalists, I would have thought that smaller, angel-type investors wouldn't be the largest source of funding for startups.
Some other interesting, salient points Dodge drives home:
Don Dodge had an interesting article today on the state of the market for seed-stage investors, called Angels. In Angels Investors put $26 billion in 57,000 companies, Don examines what 2007 had in store for startup investors. One thing that surprised me was that angels are "the largest source of seed stage and early stage start-up capital, with 39% of 2007 angel investments going there." With a lot of money looking for a home for professional Venture Capitalists, I would have thought that smaller, angel-type investors wouldn't be the largest source of funding for startups.
Some other interesting, salient points Dodge drives home:
Why is gold making a new high, trading at $1,118.00 per ounce?
Chasing Value: Ten stocks for 2010 -- Part 1 
Closing Bell: A six-day rally (AIG, REGN, M, MOT, PALM, RIMM)
