money

An increase in early stage seed and angel investments could propel more Charleston startups to be acquired or go public, which would attract further venture capital to the region, according to several investors.

Bobby Ocampo — a partner at Washington, D.C.-based Revolution Ventures, which is AOL co-founder Steve Case’s venture capital firm — said more progressive angel groups willing to assume the risk of investing in tech-focused startups in Charleston would help those companies grow to a stage that attracts venture capital.