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Current State of Angels and Boards of Directors

Angel Capital Association

In return, investors providing larger amounts of capital are in a preferential position when the decision is made to award Board seats to round investors. As Figure 1 indicates, in 2022 angel groups qualifying for a Board seat invested 2x the capital compared to those groups having no Directorships.

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

TechCrunch

David Goldstone, manager of investment research at Condor Capital, told Barron’s that he was surprised the deal was nixed, saying: “From Wealthfront’s perspective and with respect to what has happened to valuations to growth stocks, it’s not a valuation I would walk away from.”. I left out a company! Image Credits: TechCrunch.

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