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I’ve always felt that a robust angelfinancing market was important to startup ecosystems and the data on the next two charts really brings that home. Angels are often unorganized and have scattered and burdensome investment processes. Successful angel ecosystems have active angel mentor networks.
Financing, that is.I had mixed emotions when I read the the press release on the recent funding of iControl Networks. At this time, we had secured a term sheet from a co-investor from one of my other angel investments (Thanks, Graeme!) Don't Stop Believin' Is There Any Truth in "The Social Network"?
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Angel Financing 
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