In 2008/09, £44.9m was invested by UK Business Angels registered to Angel Networks in UK based companies. Across the 5,500 registered Angels that is less than £10,000 per Angel. These figures are very poor and do not bode well for future economic growth. So what is a UK based digital company looking for funding to do?
I have invested in 20 companies in the UK over the last six years, and three companies in Canada as a Business Angel. I am by no means an expert but with the experience I have had in Canada with Angel groups and as of recently with Seedcamp, I do find the UK ‘organised’ angel scene very depressing.
To read the full, original article click on this link: UK Angel Attacks Pay-To-Pitch Culture of Many European Angel Networks
Author: Permjot Valia
