Current State of Angels and Boards of Directors
Angel Capital Association
JANUARY 3, 2024
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. 2 All data in this note are drawn from the 2022 Angel Funder’s Report database (tracking CY 2022 transactions).
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