Founders: It’s time to look beyond VCs, and approach angel investors

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The Next Web 7 mo ago

Founders: It’s time to look beyond VCs, and approach angel investors - The Next Web

Quick Summary:

Amidst the current recession and looming uncertainty, VCs seem to be pulling out of the market, which means that startups need to turn to alternative sources of funding — like angel investors and funds.

Speaking at TNW Conference 2022, Tim Mills, Managing Partner at the ACF Investors Angel CoFund, explained: Many angel investors are pleased to see VC funding retreat.

Global VC funding reached $143.9 billion in the first quarter of 2022 — down 19% from the previous quarter.