Seattle Angel Investor Ecosystem - Founder Survey Q1 2020 July 8, 2020 Most respondents raised angel $ hybrid angel/VC rounds are popular ~20% raised from angel groups only 10% raised rounds from angels with zero startup dna founder referrals are the #1 source of angels a little less than half of angels added value strategic advice from startup veterans non-responsive startup veterans no-brainer operational advice from bigco angels bigco angels focus on the wrong things money is money risk aversion is the seattle angel brand angels are not super hard to work with angel groups get a bad rap angels on the whole aren’t bad See separate post.