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Current State of Angels and Boards of Directors

Angel Capital Association

1 On the relationship between Board seats and investment outcomes, see the experience of Central Texas Angel Network, linked above: Rick Timmins, “Angel Involvement on Boards Improves Returns,” Angel Insights Blog, Angel Capital Association, July 12.

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Regulators appear to be growing increasingly wary of banks and fintech startups getting too cozy

TechCrunch

I did reach out to Wealthfront for comment and a spokesperson told me: “We unfortunately can’t discuss more than what’s been shared publicly in our blog or by UBS via their press release.”. The company is mostly bootstrapped, having raised about $2 million from family offices, angels, Capital Factory and its own management team.

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