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.