What’s happened to the angels?
Venture capital investment into European startups is slowing down.
VCs are still making investments — and telling everyone who will listen on Twitter that this is the case — but fewer, for less capital, than before. Funding rounds in Europe dropped by 22% in March, according to Dealroom, and valuations are down by 10-40%.
But what’s going on with the somewhat less vocal angel investors? Have they closed their cheque books — or are they seizing the opportunity to get in on some good deals?