Comments on: The angel investor survey says…

By: Angel Investing, Entrepreneurship & Learning » Current State of Angel Investing

Thu, 18 Jun 2009 05:03:28 +0000

[...] mentioned a few weeks back that we were conducting some in-depth research on Angel Investing. Well, on Tuesday, we shared some more information with the world as the Utah Valley [...]

By: Spencer Janke

Spencer Janke — Fri, 10 Apr 2009 13:49:00 +0000

Interesting, I am a little surprised. From the investors and groups I have spoken to, I have experienced about the same response. I agree with Derek, obviously those that are saying they are still interested they have the liquidity to do so, however are they putting their money where their mouths are? I know several groups that have the liquidity and are still investing, but it is cherry picking season for them obviously. I also have a few investors who are very liquid, but they are extremely nervous on what is going to happen to their current investments in the next 12-18 months, and so therefore have stalled any new ventures.

By: Derek Perkins

Derek Perkins — Thu, 09 Apr 2009 03:15:09 +0000

I’d have to guess that of the 49% that say that they are “actively investing”, that means that they are open to investment ideas if the exact right one comes and they have the liquidity to do it, but I’d bet that not that many have opened their checkbooks in the last 6 months.

By: Kent Thomas

Kent Thomas — Thu, 09 Apr 2009 00:47:56 +0000

Better than expected on the surface, however, we are seeing some funky terms (i.e., warrant for 10% of the Company accompanying a $250k debt instrument)so if that is someone’s definition of investing, then it is about what I expected. When it comes to a traditional equity investment, pre-revenue is almost completely dead in the water and valuations are 30% to 50% lower than just a year ago. As a result, many entrepreneurs are foregoing or seriously reducing the amount of capital that they are seeking. Many are finding creative ways to trade equity for development resources or to negotiate up-front fees that will be repaid with product at a 50%+ discount later.

By: Adam Judson

Adam Judson — Wed, 08 Apr 2009 21:20:33 +0000

Those results are better than I expected. I have noticed as a company trying to get initial funding, that many investors seem to want to milk the current investments they have. I believe that right now it is tougher to get first round investment.

By: Jordan Pomeroy

Jordan Pomeroy — Wed, 08 Apr 2009 18:33:18 +0000

That’s probably a little better than I would have expected, given what’s going on in Silicon Valley. But, N. Utah markets have always lagged behind national trends, and given that experts are speculating things will get worse yet, it looks like you’re in for a bumpy ride…