. . . . .Two studies show real evidence that startups backed by strong angels really do better than their counterparts that fail to get such funding. The studies by Harvard Business School professors William Kerr and Josh Lerner and MIT Sloan School of Management professor Antoinette Schoar (along with Stanislav Sokolinsky and Karen Wilson) offer great insight into the power that angel groups have in supporting startup companies. The study found dramatic impacts to those companies that received angel group funding. . . .
- The probability of survival was 25% higher for the companies that received funding (through the end of 2010).
- The probability of having an exit was about 11% higher.
- The probability of growing to 75 employees was about 16%higher.
- The companies, on average, had 19 more employees than their non-funded counterparts.
- They had a slightly higher chance of having a patent.
- They had slightly improved web traffic over their non-funded counterparts.
- They saw a 39% improvement in their web rank.
The U.S. study concluded that angel investments are really important and companies that received angel investments do substantially better in terms of employment and successful outcomes.>>> READ MORE at: