Angels Say Seed-Stage ‘Gap’ Is Closing

A favorite sport for entrepreneurs in the last five or six years has been complaining about how hard it is to raise early-stage capital — especially for the very early stage of a startup, sometimes called the prototyping phase.

But, at an investment conference I attended a few days ago here in Minneapolis (conducted by NetSuds.com under the auspices of the Minnesota Association of Angel and Venture Capital), I heard some experienced investors talk about how things are changing for the better. Attendees numbered 136, including angels and VCs from throughout the region, as well as hopeful entrepreneurs considering the launch of a new startup and founders of tech firms that are somewhat further along. The program included several startup CEOs pitching their companies.

Graeme Thikens

Full Story: http://graemethickins.typepad.com/graeme_blogs_here/2006/04/seedstage_inves.html

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