Editor’s note: i2E’s Michael Kindrat-Pratt, a Venture Advisor and manager of the SeedStep Angels investment group, recently spoke on angel investing at an event for entrepreneurial investors at The Forge in Tulsa. The Tulsa Chamber reported on Pratt’s presentation in the special blog post below.
There’s money to be made in startups — at least, with a diverse portfolio and the support of an angel investment group, Michael Kindrat-Pratt, Manager of SeedStep Angels told a group of entrepreneurial investors at an event hosted by The Forge last week. Kindrat-Pratt manages SeedStep Angels on behalf of Oklahoma-based nonprofit i2E.
(Click here to read SeedStep Angels investment statistics for 2013.)
Angel investors, as investors in startup companies are called, accounted for $22.9 billion in investments nationwide in 2012 compared to $26.7 billion from venture capitalists. Angel investors differ in that they typically invest smaller amounts in a wide range of startup companies as opposed to large amounts in few companies. In fact, angel investors seeded almost 20 times the amount of startups as venture capitalists in 2012.
Click here to read the entire blog post at the Tulsa Regional Chamber’s website.