Business
It's not just California: angel groups active across U.S.
The Angel Resource Institute's first Halo Report shows that angel activity is humming across the U.S., and not just in California.
Launch a startup in Atlanta? Why not?
The aptly-named Angel Resource Institute recently released its first quarterly "Halo Report" that summarizes activity across the U.S., and its numbers demonstrate that California's mindshare is bigger than its actual share of investment dollars.
To be fair, the Golden State leads other regions of the U.S. by a sizable margin, but you'd be surprised to see how much activity is going on elsewhere.
In short:
- California: 21% of deals, 30% of dollars
- Great Lakes: 16% of deals, 11% of dollars
- New England: 15% of deals, 14% of dollars
- Southeast: 12% of deals, 20% of dollars
- Mid-Atlantic: 9% of deals, 7% of dollars
- Southwest: 9% of deals, 8% of dollars
- Northwest: 7% of deals, 2% of dollars
- New York: 7% of deals, 6% of dollars
- Great Plains: 4% of deals, 2% of dollars
Go West, young man? Perhaps just go to your nearest angel instead.