Every start up, entrepreneur and small business technology company need capital, whether to launch, fund growth or expand to the next level. For many start ups that have not gone to market yet, starting at the angel level is the best alternative for funding when there is no positive revenue balance sheet to entice a traditional VC firm.
Check out this insightful INFOGRAPHIC that tells where the angels are and how they invest. The most interesting fact is that although most of the deals and dollars invested took place in California, ergo Silicon Valley, the majority of deals or 79% took place outside of California and the bulk of the funding or 70% was invested outside of Cali as well.
Wow! Great for shedding preconceived notions that only Silicon Valley start ups got most of the funding
Jeneba “JJ Ghatt”,is editor at Jenebapeaks.com, an online hub where she helps social media butterfly who empowers digital entrepreneurs and professionals to create great things online at her online learning platform Digital Publishing Academy. She is an editor of tech blog Techyaya.com and founded the annual 200 Black Women to Follow On Twitter List. Read her bio, then get all of her online & digital biz startup advice and tools in one spot here!