They are in for the long haul. Ryan Prince agrees. From a number of perspectives angel investment is where you want to be right now. It's a great opportunity,' he says. So, it appears that genuine business angels have a protective halo that insulates them from the waxing and waning of stock markets.
Most angels are serial investors.
The only factor that did affect things was the tax regime,' says Professor Colin Mason of Southampton University, who has carried out numerous surveys of angel investment. The issue in the current market is more that there was a glut of over-investment in companies with flaky business prospects. This means angels have had to be more circumspect about the quality of early-stage companies that had already secured funding in the past. A lot of the frothier business plans, the me-too con cepts, have sunk. The quality of businesses and of intellectual property being built is now far better and more bankable,' says Prince.