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Current State of Angels and Boards of Directors

Angel Capital Association

In 2022, the typical angel group reporting AFR data had Directors for approximately 20% of the companies it funded. The median number of Director seats held by angel groups for their 2022 investments was 4.5, This is the third consecutive yearly decline in angel Directorships. with an average of 5.7 Director seats.

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

TechCrunch

The pitches range from building the Square for micro-merchants in Latin America to creating a way to angel invest in your favorite athlete.” The company is mostly bootstrapped, having raised about $2 million from family offices, angels, Capital Factory and its own management team. “We Can’t we all just get along?

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