The head of an alliance of angel investment groups came to Wisconsin recently to encourage angels to band together.
On October 19th, Susan Preston, entrepreneur in residence at
the Kauffman Foundation, gave a lecture at the Radisson Hotel in Appleton, Wisconsin.
Preston said that in 2003, U.S. venture capitalists invested $18.3 billion in companies of various sizes, but only $354 million was given to 166 companies at the seed stage. During the same year, private angels invested $18.1 billion in 42,000 ventures, primarily in seed and startup rounds.
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