Current State of Angels and Boards of Directors
Angel Capital Association
JANUARY 3, 2024
In some cases, angel groups had both a Director and an Observer seat for the same company. FIGURE 2: % of Angel Groups with Round Board Seats, 2019-2022 Source: Angel Funder’s Report Database, 2023 Directorships for angel groups in 2022 deals declined 20% from 2021 (35% of deals) and 43% (35% of deals) since 2019.
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