What’s happened to the angels?
Venture capital investment into European startups is slowing down.
VCs are still making investments ‚Äî and telling everyone who will listen on Twitter that this is the case ‚Äî 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 ‚Äî or are they seizing the opportunity to get in on some good deals?