Angel Investing is Alive and Well in Arizona

This weekend, 60+ members and guests attended ATIF’s second annual Holiday Social.  As I took a quick look through the crowd, I realized that pretty much every person in the room had made an angel investment in 2009.  WOW!  Think about that for a second.  The stock market cratered, house prices collapsed, unemployment hit 10% and credit markets froze, but this group of leaders continued to stay committed to angel investing.

And the momentum is building.  As VC’s pull back on new investments and banks reduce lending, we are seeing better deals than ever before.  Typical deals now have paying customers, completed products, an experienced team, huge markets and solid growth potential.  As an example, at our quarterly meeting in October, ATIF looked at 4 deals meeting these criteria AND INVESTED IN ALL OF THEM.

So next time you hear someone say, “there’s no capital for startups in Arizona”, politely disagree and let them know about ATIF.